1360 9Th StCleveland, OH 44113

Property Details for 1360 9Th St

Year built

1900

Construction

CONCRETE

Lot size

0.25 AC

Property size (Sq ft)

27,280 SF

Zone code

LLR

Property type

Turn key restaurants

APN

101-14-001

APU

10114001

Description

This exceptional 2,200 square foot office space is located in the vibrant Warehouse District of Cleveland, Ohio. Housed within the Lorenzo Carter Building, a historic four-story Class B building constructed in 1900, this property offers a unique blend of character and modern functionality. The building sits on a 0.246-acre lot and is zoned LLR-6. The address is 1360 W 9th Street, Cleveland, OH 44113 (APN: 10114001, Cuyahoga County). Currently, one office suite is available, perfect for a variety of businesses. While the building itself is classified as Class B, the available space is described as rare Class A office space. The building features a rooftop deck, offering stunning views of the city. The space is available for occupancy beginning September 1st. This property presents a rare opportunity to secure office space in a highly desirable and historic location. The multiple tenancy structure allows for flexibility and potential for collaboration with other businesses. The building's age and location contribute to its unique character and appeal. This is an excellent opportunity for businesses seeking a prestigious address in a thriving urban setting.

• CAP approach

  CAP return

  Valuation

  6%

  $7,214,274

  6.5%

  $6,659,330

  7%

  $6,183,664

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,430,464

  Geo Method

  $6,430,464

• Alternative Use

  Use

  Valuation

  Residential

  $5,617,394

  Hospitality

  $5,145,503

  Educational

  $4,280,998

  Medical

  $4,428,228

  Retail

  $6,659,330

Location Insight

City

Cleveland

County

Cuyahoga

State

Ohio

Latitude

41.4984

Longitude

-81.7005

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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