Storefront For Sale • 3,360 SF
| Multifamily Growth: Rents up 15%320% recently ($950 3$1,350+/mo for renovated units). |
| CDC Support: Strong local development assistance an d grant availability to minimize tenant improvement costs. |
| Storefront Occupancy: High corridor stability at 88 %392%. |
| Mixed-use and multifamily assets trade at high-yielding 10.0%312.5% cap rates. |
| Commercial Rents: $8.003$12.00/SF NNN (vs. $223$32/ SF in Tremont), offering excellent operator margins. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 14 min | - | 6.9 mi | |
| 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)) | 19 min | - | 7.2 mi |
| Airport | Drive | Walk | Distance |
| Cleveland-Hopkins International | 17 min | - | 9.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 6 |
| Type: | Surface |
| Included in Rent: | Yes |