Listing Agency: Newmark - Cleveland r***@nmrk.com Show Phone

Listed By: Richard Sheehan · License #SAL.0000363515

Source: Crexi

Added: Apr 12 Changed: Aug 25 Last Checked: Aug 31 at 5:25PM

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Investment Insights

Based on property information with market context.

This office building is offered for sale and totals 134,517 SF. The property is listed under office building, office space, and commercial real estate categories.

The asset is located at 700 Prospect Ave E in Cleveland, Ohio.

For additional details regarding the internal layout, unit configuration, or building amenities, please request the available offering information.

Key Highlights

• Large office property totaling 134,517 SF

Property Analytics

Property Profile

Current Use

Ho`olokahi Congregational Congregation Wider Church Ministries Church Pension Boards-United Church Church Local Church Ministries Church Evangelical Hospital Khariar Association / Organization

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Home Appliance Store Acupuncture Nursing Home

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

6,387

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Office in Cleveland, OH

6.9% 2019

6.6% 2020

6.6% 2021

7.6% 2022

10.8% 2023

10.6% 2024

10.9% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Large office property totaling 134,517 SF, offered for sale.

Where is this office building located?

The property is located at 700 Prospect Ave E Cleveland, OH.

What are key features of this property?

This property features: Large office property totaling 134,517 SF