3915 Carnegie AveCleveland, OH 44115

  • Retail properties
  • 15,112 SF
For Lease

Property Details for 3915 Carnegie Ave

Year built
1949
Construction
TYPE NOT SPECIFIED
Lot size
0.62 AC
Property size (Sq ft)
15,112 SF
Zone code
SI
Property type
Retail properties
Property subtype
Retail space
APN
103-16-023
APU
10316023

Description

This exceptional 17,600 square foot freestanding building presents a unique investment opportunity in Cleveland's vibrant culinary scene. Situated at the highly visible intersection of Carnegie Avenue and East 40th Street, this property offers significant potential for growth and profitability. The building is currently configured as a food hub, featuring thirty individual kitchens, each fully equipped with essential commercial appliances including hoods, sinks, and refrigeration units. This setup is ideal for a variety of food-related businesses, from established restaurants to emerging food entrepreneurs. The multiple-tenant configuration allows for diverse income streams and a robust tenant base. Located in Cuyahoga County, Ohio, with a zip code of 44115, this property benefits from excellent visibility and accessibility. The building's substantial square footage provides ample space for expansion or adaptation to meet evolving market demands. This is a rare chance to acquire a well-established and versatile commercial property in a thriving Cleveland submarket. The property's existing infrastructure significantly reduces start-up costs for potential tenants, making it an attractive option for a wide range of culinary ventures. The high-traffic location ensures consistent exposure to a large customer base, maximizing the potential for success. This is a prime opportunity for investors seeking a stable and profitable investment in the Cleveland food industry.

3915 Carnegie Ave, Cleveland, Ohio

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.5013
Longitude
-81.6579
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,964
$56,980
$132,900
$189,880
-
$162,800
$379,700
$542,500

FAQs

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