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Historic Mixed-Use Statler Building
For Lease
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1127 Euclid Ave, Cleveland, OH 44115

Flexible leasing space available within a historic building featuring retail, office, and restaurant uses.

Space Size13,685 SF
Days on Market500

Property Features for 1127 Euclid Ave

General Information

Standard status Active
Size 13,685 SF
Property subtype RETAIL

Site & Location

Neighborhood Playhouse Square

Additional Details

Multifamily Units 295

Building Details

Year Built 1912
Year Renovated 2019

Spaces For Lease

at 1127 Euclid Ave
1127 Euclid Ave $25/SF/Yr
Floor 1
Size 13,685 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
- Located along the busy Euclid Avenue and 12th Street, featuring many apartment complexes with strong occupancy rates - The Statler apartment building features over 250+ residentials unit, serving as an excellent customer base - Gain access to storefront retail just down the road from Heinen’s Grocery Store and Five Iron Golf
Contact us
Listing Agency: Passov Real Estate Group
Listed By: Austin Loconti · License #SAL2017000328
Source: Moodyscre
Added: Jun 17, 2025 Changed: Oct 25 Last Checked: Oct 28 at 11:30AM

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 Passov Real Estate Group

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Investment Insights

Based on property information with market context.

The Statler is a historic mixed-use building first built in 1912 and most recently renovated in 2019. The property accommodates 295 luxury apartment units with modern tenant amenities while preserving its historical integrity and architectural character. Available space includes retail, office, and restaurant areas for lease.

The building is located on Euclid Avenue in Cleveland’s theater district. The public remarks note it is within walking distance of multiple area destinations, including Union Club, Heinen’s Grocery Store, Progressive Field, Rocket Arena, East 4th Street, Public Square, the Rock & Roll Hall of Fame, and the Cleveland Science Center.

Leasing is available across approximately 3,375 to 13,685 square feet of retail, office, and restaurant space, offering options for tenants seeking a presence within a prominent, fully renovated landmark property.

Key Highlights

  • Now leasing 3,375 SF to 13,685 SF of retail, office, and restaurant space
  • The Statler built in 1912 and underwent a $14 million renovation in 2019
  • Renovation created 295 luxury apartment units with modern tenant amenities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

NOHA BROWS & BEAUTY Nail Salon CityBreaks Barbershop Playhouse ... Barber Shop Rocky River SEO Marketing & Advertising Diversified Funk LLC Event Planning Park Today Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Butcher Home Appliance Store Nursing Home Tanning Salon

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

295
Residential units
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,744
Businesses Nearby

Demographics for 44115, OH

8,985
Population
5,691
Households
1.6
Avg Household Size
27
Median Age
34%
College-Educated
86%
High-School Grad
2.1 sq mi
ZIP Area
4,279
Density / Sq Mi
$21,293
Median Household Income
$27,515
Median Earnings
$850
Median Rent
$151,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Flexible leasing space available within a historic building featuring retail, office, and restaurant uses.
Where is this apartment building located?
The property is located at 1127 Euclid Ave Cleveland, OH.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Now leasing 3,375 SF to 13,685 SF of retail, office, and restaurant space; The Statler built in 1912 and underwent a $14 million renovation in 2019; Renovation created 295 luxury apartment units with modern tenant amenities
(216) 970-5122 Call to check price and availability
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