For Lease
$9.50/SF/YR

5200 Euclid Ave Cleveland, OH 44103

Cleveland Restaurant, 4000 sq ft, High Traffic

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 4,000 square foot restaurant space, located at 5200 Euclid Avenue in Cleveland, Ohio, presents a unique investment opportunity. Previously operating as the Backstage Cafe, this single-tenant property is situated within the iconic Agora, currently undergoing a significant multi-million dollar revitalization. This renovation includes the addition of approximately 50 new apartment units and office spaces, creating a vibrant and dynamic environment within Cleveland's Midtown District. The Agora Theater itself boasts impressive annual attendance figures, hosting around 130 events and welcoming over 110,000 guests annually. This high foot traffic location offers unparalleled exposure and potential for a thriving restaurant business. The expansive space provides ample room for creative design and layout, allowing for the implementation of a diverse range of restaurant concepts. The property is located in Cuyahoga County, Ohio, with a zip code of 44103. This is a rare chance to establish a new restaurant concept in a rapidly developing area, benefiting from the ongoing investment and growth within the Midtown Cleveland community. The property's size and prime location within the revitalized Agora complex make it an ideal investment for discerning entrepreneurs seeking a high-visibility, high-traffic location.

Highlights

  • New residential and office conversion opportunity.
  • Partnership with Midtown Cleveland Inc. and LDA Architects.
  • Includes existing kitchen equipment and hood system.
  • Prime Euclid Avenue frontage.
  • Conveniently located minutes from The Cleveland Foundation campus.

Property Details for 5200 Euclid Ave

Property type
Restaurants
RSF (Rentable sq. ft)
4,000 SF

Unit(s) available at that property

Space
Size
4,000 SF
Rate per SF
$9.50

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.503724
Longitude
-81.65306

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FAQs

What type of property is this?
Restaurant - Cleveland Restaurant, 4000 sq ft, High Traffic
Where is the restaurant located?
The property is located at 5200 Euclid Ave Cleveland, OH.
What is the lease rate?
The lease rate is $9.50/SF/YR.
What are key features of this property?
This property features: New residential and office conversion opportunity.; Partnership with Midtown Cleveland Inc. and LDA Architects.; Includes existing kitchen equipment and hood system.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Joe Zumpano
Joe Zumpano
Visit Broker Website

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Euclid Ave
Cleveland, OH 44103

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Euclid Ave
Cleveland, OH 44103

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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.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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5200 Euclid Ave
  • Joe Zumpano
    Joe Zumpano
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