We buy commercial real estate in Cleveland.
Sell your Cleveland commercial property fast for a fair price. Avoid paying broker commissions. Call today for a fair, no obligation offer on your building.
Sell your Cleveland commercial property off-market to experienced, local investors.
We pay fair prices for commercial real estate in Cleveland and the Greater Cleveland area. Sell your property as-is and make no repairs. We buy commercial real estate directly from owners. Sell quickly and pay no broker commissions.
We buy all types of commercial real estate in Cleveland, including properties that are vacant, occupied, or in need of repairs.
If you're ready to sell your commercial property, without involving a broker, contact us today.
Types of commercial real estate we buy:
Restaurants
Warehouses
Retail such as storefronts and shopping centers
Mobile home parks
Apartment buildings
Our buying process is simple, fair, and fast.
1. Request an offer for your commercial property.
Receiving our offer is completely free of cost and without obligation to you. You can fill out our form or call Elina’s cell. phone at (216)694-8246.
2. We will schedule an appointment with you to visit your property.
We are local so scheduling appointments is easy. We will schedule a time to see your commercial property, at a time that is convenient for you and your tenants. For property owners who need to sell quickly, same-day and next day appointments are usually available.
Let's schedule a time and date with you today.
3. You receive our no-obligation offer in an email.
Once we see the property and review certain financial documents, we can make you a no-obligation offer in as little as 24 hours.
We encourage you seek other offers for your property but we are confident that our offer will be fair and reasonable.
4. We will walk you through the closing process.
If we made you a cash offer on your property, we can close in as little as 7 days. We will prepare all the paperwork. No brokers are involved.
Benefits of Selling to Us:
When it comes to selling your commercial real estate, there are many reasons to choose our business. Here are just a few:
1. Cash Offers: We usually pay in cash, which means you won't have to worry about financing falling through. Because we usually pay in cash, we can buy commercial real estate that is vacant, neglected, distressed, cash flow negative, or otherwise challenging to finance.
2. Quick Closings: When we pay in cash, we can usually close on the commercial property within a few weeks, so you won't have to wait long to receive your payment.
3. No Repairs Needed: We buy properties as-is, which means you won't have to spend time or money on repairs or upgrades. We will assume all point-of-sale requirements.
4. No Commission Fees: Because we're not brokers, you won't have to pay any real estate commissions. There are other benefits to selling off-market.
5. Local and experienced. We are a local, family-owned business and have years of experience in commercial real estate. Learn more about us.
Every seller has unique reasons for selling their commercial property. Some of the situations we frequently encounter are:
Challenges with filling vacancies and lack of cash flow.
Closing a business or retiring.
Being unable to refinance a property at the end of a loan term.
Selling commercial property due to being behind on property taxes.
Selling commercial property because of civil judgments.
Relocation to a different state.
Sellers facing foreclosure and bank/lender/mortgage obligations they cannot meet.
A divorce can be settled quickly when both parties agree to sell their shared property.
We have purchased inherited property owned by family members living across the United States.
Mounting citations and costly repairs can be reasons to sell a nuisance property and move on.
Selling because a tax lien was recorded against the commercial property.
Choose 1 of 4 easy ways to contact LP Property Group
Start a live chat
During the day we are available to chat with you. Click the button and Josh or Elina will be with you momentarily.
Call & talk to us
If you prefer to talk to someone please give us a call.
Send a text message
You can get in touch with us by sending a text message from your phone.
Fill out our form
To give you a quick offer, we will need information about your property. Our form is a convenient way to contact us and get started.
Frequently Asked Questions
Do you pay fair prices?
Yes. We typically work with sellers who appreciate that we can offer cash, close very quickly (no waiting for lenders or financing contingencies), and that they don’t need to spend any time or money fixing up the property or paying real estate agents’ fees. This is particularly valuable for sellers of commercial properties that do not cash flow which makes it challenging for potential buyers to secure financing. Our offer will reflect the value the seller gets from selling the property quickly and painlessly.
What happens to my existing tenants if I decide to sell to you?
We are experienced at buying properties with tenants in place. Before the closing, we will require all tenants to sign estoppel certificates to confirm the terms of their leases. We honor existing leases and treat everyone with respect.
Can you buy the commercial property I am inheriting?
Yes. Josh and Elina are experienced in buying properties that have been inherited or are in the process of being transferred through probate or trust administration. They have worked with administrators of estates, probate courts, and trustees of trusts to buy properties on multiple occasions.
I owe more on my mortgage than my property is worth. Can you still buy it from me?
Yes. While the process is a bit more time consuming and we can run into roadblocks in this situation, Josh and Elina have successfully negotiated with lenders on multiple occasions which successfully led to a sale (a short sale).
Why would I sell a property off-market?
There could be various reasons why someone would want to sell off-market, which means selling a property without listing it publicly on a real estate platform, typically with a realtor.
Cost: Realtors typically charge a commission fee, which can be anywhere from 2.5% to 6% of the sale price, and this cost can add up quickly. Some sellers may choose to sell their property without a realtor to save on commission cost.
Experience: While realtors are trained professionals who can provide valuable insights and guidance, we have significant experience with real estate transactions and are comfortable guiding you, the seller, through the selling process without a realtor's assistance.
Convenience: Selling off-market can be more convenient as it allows for a quicker and smoother transaction process. Sellers who to us avoid multiple showings and negotiations and the hassle of a prolonged sales process.
Who is buying my property?
We are. When sellers enter into a purchase agreement with us, they should know that we are the end buyers. We buy, renovate and lease out the properties we buy. We have no intention of reselling the contract to another buyer. We are not wholesalers or “bird dogs.”