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2525 Market Ave
8,258 SF 50% Leased Office Building Cleveland, OH 44113 £1,173,675 (£142/SF)
Investment Highlights
- Unbeatable location in Ohio City with approximately 41 feet of frontage on both Market Avenue and Lorain Avenue.
Executive Summary
Property Facts
Amenities
- 24 Hour Access
- Natural Light
- Plug & Play
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
For sale: 8,258 SF mixed use retail/office building in Ohio City. Unbeatable location in Ohio City with approximately 41’ frontage on both Market Avenue and Lorain Avenue. Located across the street from historic West Side Market. Turnkey restaurant space with outdoor seating space located on pedestrian only street (Market Avenue). Heavy foot traffic as well as 8,100 VPD along Lorain Avenue. Close proximity to new and current redevelopment of residential multifamily and commercial properties. Historic refurbished building with newer roof and updated finishes including HVAC units and new windows (2013), new EPDM roof and insulation, skylights, and downspouts (2019), and renovated common area restrooms on 2nd floor (2019). Steps from Great Lakes Brewing, Edda Coffee, and dozens of other retailers, bars and restaurants. Hood and ventilation system in-place. Close proximity to outdoor community space in Ohio City and Irishtown Bend, a 25 AC green space connecting Ohio City to the Cuyahoga River.
Space | Size | Space Use | Condition | Available |
1st Floor | 4,129 SF | Restaurant | Full Build-Out | Now |
1st Floor
Size |
4,129 SF |
Space Use |
Restaurant |
Condition |
Full Build-Out |
Available |
Now |
1st Floor
Size | 4,129 SF |
Space Use | Restaurant |
Condition | Full Build-Out |
Available | Now |
For sale: 8,258 SF mixed use retail/office building in Ohio City. Unbeatable location in Ohio City with approximately 41’ frontage on both Market Avenue and Lorain Avenue. Located across the street from historic West Side Market. Turnkey restaurant space with outdoor seating space located on pedestrian only street (Market Avenue). Heavy foot traffic as well as 8,100 VPD along Lorain Avenue. Close proximity to new and current redevelopment of residential multifamily and commercial properties. Historic refurbished building with newer roof and updated finishes including HVAC units and new windows (2013), new EPDM roof and insulation, skylights, and downspouts (2019), and renovated common area restrooms on 2nd floor (2019). Steps from Great Lakes Brewing, Edda Coffee, and dozens of other retailers, bars and restaurants. Hood and ventilation system in-place. Close proximity to outdoor community space in Ohio City and Irishtown Bend, a 25 AC green space connecting Ohio City to the Cuyahoga River.
PROPERTY TAXES
Parcel Number | 003-38-032 | Improvements Assessment | £284,186 |
Land Assessment | £17,065 | Total Assessment | £301,251 |
PROPERTY TAXES
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2525 Market Ave
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