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Riverfront Rooftop Retail/Office Space
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1050 Old River Road, Cleveland, OH 44113

Multi-level 4,790 SF retail/office space with riverfront rooftop.

Space SizeContact for details
Days on Market151

Property Features for 1050 Old River Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Cleveland
Listed By: Kevin Moss · License #SAL.2015001299
Source: Cbre
Added: Mar 25 Changed: Aug 22 Last Checked: Aug 22 at 12:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Cleveland

Investment Insights

Based on property information with market context.

This multi-level 4,790 SF retail/office space features a riverfront rooftop and is located in the Flats East Bank. The property is situated near restaurants and bars such as Welcome to the Farm, I Hate Cowboys, Good Night John Boy, Alley Cat, Inferno, FWD Day + Night Club, Margaritaville, and Punch Bowl Social. It is located across from the 240-unit Flats at East Bank Apartments and the 480,000 SF Oswald Tower. The property is also located minutes from the Sherwin Williams Global Headquarters. The surrounding area has a strong average household income of $105,378 within a 1-mile radius and a dense daytime population of 155,942 people within a 3-mile radius.

Key Highlights

  • Riverfront rooftop provides a unique amenity.
  • 4,790 SF retail/office space suitable for various business needs.
  • Located in the vibrant Flats East Bank.

Property Analytics

Current Use

I Hate Cowboys Bar & Pub

Suggested Use

Top Pick Electrical Service HVAC Service Auto Parts Store Locksmith Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,621
Businesses Nearby

Demographics for 44113, OH

20,291
Population
12,554
Households
1.6
Avg Household Size
33
Median Age
54%
College-Educated
89%
High-School Grad
3.8 sq mi
ZIP Area
5,340
Density / Sq Mi
$70,140
Median Household Income
$61,204
Median Earnings
$1,374
Median Rent
$295,400
Median Home Value

Market

Lease Benchmarks for Cleveland, OH

$22.14 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
14,173 SF
Avg Space Size

Vacancy Rate% for Retail in Cleveland, OH

5.6% 2019
8.5% 2020
7.2% 2021
6.9% 2022
6.7% 2023
6.9% 2024
7.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-level 4,790 SF retail/office space with riverfront rooftop.
Where is this retail space located?
The property is located at 1050 Old River Road Cleveland, OH.
What are key features of this property?
This property features: Riverfront rooftop provides a unique amenity.; 4,790 SF retail/office space suitable for various business needs.; Located in the vibrant Flats East Bank.
More about this property
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