List Search

1148 Prospect Ave
Cleveland, OH 44115 Playhouse Square

$450,000 USD

Storefront Retail Office Condo For Sale  •  2,790 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 2,790 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1880
  • Tenancy Multiple
60 Transit Score
70 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit E Office/Retail 2,790 SF $450,000 USD
  • Unit Size: 2,790 SF
  • Condo Use: Office/Retail
  • Price: $450,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $161.29 USD
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

Public Transportation

Commuter RailDriveWalkDistance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 8 min - 2.1 mi
16 min - 9.1 mi
Transit/SubwayDriveWalkDistance
Tower City - Public Square (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Red Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 22 min - 13.6 mi
Robert Zimmer 216-406-5729 Keller Williams Realty
Robert Zimmer 216-406-5729 Keller Williams Realty