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    5000-5200 Euclid Ave Cleveland, OH 44103

    For Lease
    $9 SF/Yr ($3,166 /Mo)

    Restaurant space available within the iconic Agora complex.

    Property size:
    4,000 SF
    Lot size:
    0.21 Acres

    Property Features for 5000-5200 Euclid Ave

    General Information

    Size
    4,000 SF
    Lot size
    0.21 Acres

    Source: Hoff & Leigh Agent Joe Zumpano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Agora Restaurant Opportunity in Cleveland

    A restaurant space is available within the Agora complex, which is undergoing a multi-million dollar transformation. The Agora hosted approximately 130 events in 2023, with an annual attendance of 110,000 guests. The property, formerly known as Backstage Cafe, offers 4,000 square feet of space. The location is situated within Cleveland's Midtown District, near 50 new apartment units and office spaces. This presents an opportunity to be part of the area's growth.
    Location Intelligence

    Current Use by Public Records

    Theaters & concert halls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Any Place Catering LLC, Chennai Caters, Sizzle Sauce & Spice, Revel and Elite Catering, Tacontento

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.653602
    Latitude
    41.504075

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space available within the iconic Agora complex.
    Where is this restaurant located?
    The property is located at 5000-5200 Euclid Ave Cleveland, OH.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Rare opportunity to establish a new restaurant concept within the iconic Agora.; - Part of the Agora's multi-million dollar transformation, offering a vibrant and captivating environment.; - Located within a development that includes 50 brand new apartment units and office space.
    (330) 990-0847
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    5000-5200 Euclid Ave Cleveland, OH 44103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5000-5200 Euclid Ave Cleveland, OH 44103
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