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3047 Prospect Ave
Cleveland, OH 44115
Converted Historic Tudor & Carriage House · Office Property For Sale


Investment Highlights
- Historic Property on the National Register of Historic Places
- Renovated as Offices in 2012
Executive Summary
Commercially Zoned Converted Historic Tudor Revival and Carriage House
The Dr. William Gifford House & The Gifford Carriage House - Midtown Historic District - Rare Opportunity
Historic Landmark Listed on the National Register of Historic Places
Property Thoughtfully Converted into Professional Office Space and Residential Apartments
Beautiful Architecture features Original Historic Details, High Ceilings, and Classic Craftsmanship, Blending Old World Charm with Modern Functionality
Former Use as TKE Fraternity House from 1960 to 1990’s
Situated in the Heart of Cleveland, Ohio, Offering Excellent Access to Downtown and Public Transportation
Local Amenities include Playhouse Square, Cleveland Clinic Hospital, University Hospital, Cleveland State University, Progressive Field, Rocket Arena, Huntington Bank Field and Rock & Roll Hall of Fame
11,300± SF Total Property Buildings (Converted Historic House and Carriage House)
8,625± SF Total Main Building
2,205± SF Garden Level Office
1,300± NSF Office - AVAILABLE
4,410± SF First & Second Floor Office Combined & Residential Loft Apartment
3,150± NSF - AVAILABLE
225± NSF - Residential Loft Apartment - LEASED
2,010± SF Third Floor - 2 Bedroom Apartment
1,280± NSF - Residential Apartment - LEASED
All Utilities are Prorated Based on Square Footage
2,675± SF Total Carriage House
2,305± NSF First & Second Floor Combined Office Space - LEASED
All New Electric, Plumbing & HVAC (2010) and Newer Roof
.23± Acre
Twelve (12) Parking Spaces
Zoned General Commercial
Located in an Opportunity Zone
Easy Access to Interstates 90 & 77, US Routes 20 & 322 and SR 2
The Dr. William Gifford House & The Gifford Carriage House - Midtown Historic District - Rare Opportunity
Historic Landmark Listed on the National Register of Historic Places
Property Thoughtfully Converted into Professional Office Space and Residential Apartments
Beautiful Architecture features Original Historic Details, High Ceilings, and Classic Craftsmanship, Blending Old World Charm with Modern Functionality
Former Use as TKE Fraternity House from 1960 to 1990’s
Situated in the Heart of Cleveland, Ohio, Offering Excellent Access to Downtown and Public Transportation
Local Amenities include Playhouse Square, Cleveland Clinic Hospital, University Hospital, Cleveland State University, Progressive Field, Rocket Arena, Huntington Bank Field and Rock & Roll Hall of Fame
11,300± SF Total Property Buildings (Converted Historic House and Carriage House)
8,625± SF Total Main Building
2,205± SF Garden Level Office
1,300± NSF Office - AVAILABLE
4,410± SF First & Second Floor Office Combined & Residential Loft Apartment
3,150± NSF - AVAILABLE
225± NSF - Residential Loft Apartment - LEASED
2,010± SF Third Floor - 2 Bedroom Apartment
1,280± NSF - Residential Apartment - LEASED
All Utilities are Prorated Based on Square Footage
2,675± SF Total Carriage House
2,305± NSF First & Second Floor Combined Office Space - LEASED
All New Electric, Plumbing & HVAC (2010) and Newer Roof
.23± Acre
Twelve (12) Parking Spaces
Zoned General Commercial
Located in an Opportunity Zone
Easy Access to Interstates 90 & 77, US Routes 20 & 322 and SR 2
Property Facts
Sale Type
Owner User
Property Type
Building Size
11,300 SF
Building Class
C
Year Built/Renovated
1901/2012
Price
$1,357,419 CAD
Price Per SF
$120.13 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,767 SF
Building FAR
1.13
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
Commercial - General commercial zoning for various business activities.
Parking
12 Spaces (1.06 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 103-06-017 | Improvements Assessment | $186,920 CAD |
| Land Assessment | $28,928 CAD | Total Assessment | $215,847 CAD |
Property Taxes
Parcel Number
103-06-017
Land Assessment
$28,928 CAD
Improvements Assessment
$186,920 CAD
Total Assessment
$215,847 CAD
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