This exceptional mixed-use property, located at 6101 Detroit Avenue in Cleveland, Ohio's vibrant Gordon Square Arts District, presents a unique investment opportunity. The 8,500-square-foot building, constructed in 1920, boasts a prime location on Detroit Avenue, offering high visibility and accessibility. The property features a substantial 18,025-square-foot lot with ample paved parking for up to 25 vehicles. The building itself is a classic brick structure with a retail storefront showcasing thirteen-foot ceilings, a double-door entry, bay window glass, and transoms. Inside, the space offers a versatile layout, including a large warehouse area with concrete floors, a mezzanine office, meeting rooms, and two restrooms. The building's mechanical systems include three-phase power, refrigeration, coolers, two hot water tanks, and cooling towers. Two large billboards atop the building provide additional advertising potential. The property is zoned for general retail business and is currently offered at $2,025,000, or $238.24 per square foot. A ground lease is in place. The property is available for owner/user occupancy, with a lease commencement date of October 4, 2022, and an occupancy date of October 29, 2022. Lease options are negotiable. This location offers unparalleled access to the Gordon Square Arts District's thriving arts scene, unique shopping, and diverse dining options. The building's adaptable space is ideal for a variety of uses, including retail, restaurant, office, or a combination thereof. This is a rare opportunity to acquire a well-maintained, historically significant building in a rapidly growing and desirable neighborhood.
Highlights
8,500 SF mixed-use building on an 18,025 SF lot in Cleveland's Gordon Square Arts District.
Prime Detroit Avenue location with high visibility and ample paved parking for 25 vehicles.
Classic brick building with 13' ceilings, double-door entry, bay windows, and transoms; features a large warehouse area, mezzanine office, meeting rooms, and two restrooms.
Building systems include three-phase power, refrigeration, coolers, two hot water tanks, and cooling towers; two large billboards offer additional advertising opportunities.
Zoned for general retail; currently listed at $2,025,000 ($238.24/SF); ground lease in place; owner/user occupancy available; lease commencement October 4, 2022, occupancy October 29, 2022; lease options negotiable.
The property is located at 6101 Detroit Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $2,025,000.
What are key features of this property?
This property features: 8,500 SF mixed-use building on an 18,025 SF lot in Cleveland's Gordon Square Arts District.; Prime Detroit Avenue location with high visibility and ample paved parking for 25 vehicles.; Classic brick building with 13' ceilings, double-door entry, bay windows, and transoms; features a large warehouse area, mezzanine office, meeting rooms, and two restrooms.
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Detroit Ave Cleveland, OH 44102
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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6101 Detroit Ave
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