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1148 Prospect Ave 2,790 SF Office/Retail Condo Unit Offered at $638,820 CAD in Cleveland, OH 44115



1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Own Your Presence in the Heart of Downtown Cleveland. Position your business in the heart of Downtown Cleveland with this exceptional street-level commercial condominium offering approximately 2,790 square feet of versatile space. The main level features approximately 1,800 square feet with impressive 12-14 foot ceilings, creating an open, inviting environment ideal for retail, professional offices, galleries, design studios, wellness services, or creative workspaces. An additional 990-square-foot lower level provides valuable space for offices, conference rooms, inventory, production, storage, or client support areas. A prominent 100-square-foot display window offers outstanding visibility along bustling Prospect Avenue, allowing your business to capture the attention of downtown residents, office workers, sports fans, and visitors. The first floor is ADA accessible and is complemented by a convenient ground-level overhead loading door for easy deliveries and operations. Additional amenities include two HVAC systems (heat pump and gas-fired), one restroom, a kitchenette with refrigerator, and flexible interior space adaptable to a wide variety of commercial, retail, and office uses. Located just steps from Rocket Arena, Progressive Field, Playhouse Square, East 4th Street, and Cleveland's thriving entertainment and business district, this is a rare opportunity to own commercial real estate in one of the city's most active urban neighborhoods. The monthly condominium fee of $475 includes building insurance, water, exterior lighting, common area maintenance, exterior window washing, and exterior building maintenance, allowing owners to focus on growing their business rather than managing the property. Whether you're expanding an established business or launching a new venture, Unit E offers the visibility, flexibility, and downtown presence to make your vision a reality.
Sale Notes
Seller would consider Lease with Option to Purchase
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit E | 2,790 SF | Office/Retail | $638,820 CAD ($228.97 CAD/SF) | - |
Unit E
| Unit Size |
| 2,790 SF |
| Condo Use |
| Office/Retail |
| Price |
| $638,820 CAD ($228.97 CAD/SF) |
| NOI |
| - |
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Unit E
| Unit Size | 2,790 SF |
| Condo Use | Office/Retail |
| Price | $638,820 CAD ($228.97 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Own Your Presence in the Heart of Downtown Cleveland. Position your business in the heart of Downtown Cleveland with this exceptional street-level commercial condominium offering approximately 2,790 square feet of versatile space. The main level features approximately 1,800 square feet with impressive 12-14 foot ceilings, creating an open, inviting environment ideal for retail, professional offices, galleries, design studios, wellness services, or creative workspaces. An additional 990-square-foot lower level provides valuable space for offices, conference rooms, inventory, production, storage, or client support areas. A prominent 100-square-foot display window offers outstanding visibility along bustling Prospect Avenue, allowing your business to capture the attention of downtown residents, office workers, sports fans, and visitors. The first floor is ADA accessible and is complemented by a convenient ground-level overhead loading door for easy deliveries and operations. Additional amenities include two HVAC systems (heat pump and gas-fired), one restroom, a kitchenette with refrigerator, and flexible interior space adaptable to a wide variety of commercial, retail, and office uses. Located just steps from Rocket Arena, Progressive Field, Playhouse Square, East 4th Street, and Cleveland's thriving entertainment and business district, this is a rare opportunity to own commercial real estate in one of the city's most active urban neighborhoods. The monthly condominium fee of $475 includes building insurance, water, exterior lighting, common area maintenance, exterior window washing, and exterior building maintenance, allowing owners to focus on growing their business rather than managing the property. Whether you're expanding an established business or launching a new venture, Unit E offers the visibility, flexibility, and downtown presence to make your vision a reality.</li></ul> | |
| Sale Notes | |
| Seller would consider Lease with Option to Purchase</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,790 SF | Typical Floor Size | 1,800 SF |
| Property Type | Retail (Condo) | Year Built | 1880 |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.14 AC |
| Building Class | C | Opportunity Zone |
Yes
|
| Floors | 2 |
| Total Building Size | 2,790 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 1,800 SF |
| Year Built | 1880 |
| Lot Size | 0.14 AC |
| Opportunity Zone |
Yes |
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 11
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1148 Prospect Ave
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