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Retail Restaurant Opportunity
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12395 Cedar Rd, Cleveland, OH 44106

Mixed-use S2 retail/restaurant space next to a 261-unit luxury apartment development in a busy CedarFairmount District.

Property Size2,900 SF
Days on Market896

Property Features for 12395 Cedar Rd

General Information

Standard status Active
Size 2,900 SF
Property subtype RETAIL
Zoning S2
Listing Agency: Cresco Real Estate | Cleveland
Listed By: Ryan Fisher
Source: Moodyscre
Added: Apr 1, 2024 Changed: Sep 2 Last Checked: Sep 12 at 6:05AM

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 Cresco Real Estate | Cleveland

Investment Insights

Based on property information with market context.

This versatile retail/restaurant opportunity is offered for sale in Cleveland Heights’ CedarFairmount District. The property is under S2 Mixed Use zoning, which allows for a variety of uses including residential, retail, and restaurant.

The site is adjacent to The Ascent at Top of the Hill, a 261-unit luxury apartment development. Nearby tenants include Zhug, Buffalo Wild Wings, Starbucks, Chipotle, Vero Pizza, and Barrio, alongside other local and national establishments. The address is listed as 12395 Cedar Rd, Cleveland Ave, OH 44106.

Key Highlights

  • Mixed‑use S2 zoning allows residential, retail, and restaurant uses
  • Retail/restaurant space in Cleveland Heights’ CedarFairmount District
  • Adjacent to The Ascent at Top of the Hill, a 261‑unit luxury apartment development

Property Analytics

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Current Use

C L Barber ... Barber Shop

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Daycare Center Big Box & Wholesale Store Catering Service

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

Location Intelligence

Trade Area within ½ mile

2,792
Businesses Nearby

Demographics for 44106, OH

26,608
Population
13,287
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
6,188
Density / Sq Mi
$42,869
Median Household Income
$27,056
Median Earnings
$1,024
Median Rent
$241,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Mixed-use S2 retail/restaurant space next to a 261-unit luxury apartment development in a busy CedarFairmount District.
Where is this retail space located?
The property is located at 12395 Cedar Rd Cleveland, OH.
What are key features of this property?
This property features: Mixed‑use S2 zoning allows residential, retail, and restaurant uses; Retail/restaurant space in Cleveland Heights’ CedarFairmount District; Adjacent to The Ascent at Top of the Hill, a 261‑unit luxury apartment development
(216) 525-1497 Call to check price and availability
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