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    1148 Prospect Ave E Cleveland, OH 44115

    For Sale
    $450,000

    Award-winning, updated office/retail condo near CBD and Playhouse Square.

    Property size:
    3,381 SF
    Lot size:
    0.09 Acres

    Property Features for 1148 Prospect Ave E

    General Information

    Size
    3,381 SF
    Lot size
    0.09 Acres

    Source: Hoff & Leigh Agent Joe Zumpano

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

    Overview

    Updated Office/Retail Condo For Sale

    Located at 1148 Prospect Avenue E in Cleveland, Ohio, this property offers an opportunity for businesses seeking an updated office or retail condo. The property is situated on Prospect Avenue, providing convenient access to the Central Business District, Campus District, and Playhouse Square. The property features a floor-to-ceiling front window on Prospect Avenue, exposed brick, a fireplace, and an open stairwell leading to additional usable lower-level space. The floor plan is designed for functionality. Ample street parking is available. The property has a total size of 3,381 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Greater Cleveland Construction Contractor 1148 Prospect Ave ... Parking Lot

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6826094
    Latitude
    41.4992511

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    FAQs

    What type of property is this?
    Office space - Award-winning, updated office/retail condo near CBD and Playhouse Square.
    Where is this office space located?
    The property is located at 1148 Prospect Ave E Cleveland, OH.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Award-winning, completely updated office/retail condo.; - Rare availability for sale or lease.; - Located minutes from CBD, Campus District, and Playhouse Square.
    (330) 990-0847
    Request Owner's contact information
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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
    1148 Prospect Ave E Cleveland, OH 44115
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