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Mixed-Use Arts Building
For Sale
Contact for pricing
Pending

3224 -3228 Euclid Avenue, Cleveland, OH 44115

Historic 2-story brick building with residential units and two street-level retail spaces.

Property SizeContact for details
Days on Market117

Property Features for 3224 -3228 Euclid Avenue

General Information

Standard status Pending
Property subtype Retail, Multifamily, Mixed Use

Additional Details

Multifamily Units 15

Building Details

Stories 2
Tenancy Multi
Listing Agency: Cushman & Wakefield CRESCO Real Estate
Listed By: Jason Griffith · License #OH SAL.2013001124
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 5 at 8:51AM

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 Cushman & Wakefield CRESCO Real Estate

Investment Insights

Based on property information with market context.

The Fine Arts Building is a historic, 2-story brick structure with sky-lit studios and living quarters designed to support artists, musicians, and writers. Original features are described as remaining intact behind a newer 2-story brick facade that includes bas-relief sculpture. The property also traces its history to additions made in 1921 and 1922 to the former John H. Devereaux Mansion.

Today, the building is described as functioning as a combined retail and residential property. There are 15 residential rental units (potentially 16) and two street-level retail units.

The retail spaces are described with possible use considerations including a coffee stop, take-out restaurant/deli, convenience use, or a professional office such as tax, insurance, or attorney services. The building is located at 3224–3228 Euclid Avenue.

Key Highlights

  • Historic Fine Arts Building traces additions to 1921 and 1922, originally associated with the John H. Devereaux Mansion built in 1873
  • Contains 15 residential rental units (potentially 16) plus two street‑level retail units
  • Features sky‑lit studios and provided living quarters for artists, musicians, and writers

Property Analytics

Current Use

Original Wireless Mobile Phone Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Locksmith Pet Store Home Appliance Store Acupuncture

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

15
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,335
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic 2-story brick building with residential units and two street-level retail spaces.
Where is this apartment building located?
The property is located at 3224 -3228 Euclid Avenue Cleveland, OH.
What are key features of this property?
This property features: Historic Fine Arts Building traces additions to 1921 and 1922, originally associated with the John H. Devereaux Mansion built in 1873; Contains 15 residential rental units (potentially 16) plus two street‑level retail units; Features sky‑lit studios and provided living quarters for artists, musicians, and writers
More about this property
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