Historic Two-Story Bank
For Sale
Contact for pricing
Pending
15619 Waterloo Road, Cleveland, OH 44110
Historic brick bank building with on-site parking and LR zoning for retail, restaurant, office, and mixed residential use.
Property Size8,385 SF
Lot Size0.42 Acres
Days on Market76
Property Features for 15619 Waterloo Road
General Information
Standard status
Pending
Size
8,385 SF
Lot size
0.42 Acres
Property subtype
Retail, Multifamily, Mixed Use
Zoning
LR
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1927
Buildings
1
Stories
2
Listing Agency:
Hanna Commercial Real Estate Cleveland
(617) 825-6545
Listed By:
Matthew Hales · License #SAL.2024004918
Source:
Crexi
Added: Jun 16
Changed: Aug 19
Last Checked: Aug 18 at 10:55PM
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 Hanna Commercial Real Estate Cleveland
Investment Insights
Based on property information with market context.
Built in 1927, this historic two-story brick bank building offers 5,636 SF above grade plus a 2,749 SF unfinished basement on a 0.42-acre lot with on-site parking. The structure retains classic bank-era character throughout, making it well suited for adaptive reuse that preserves its architectural identity. The property’s layout supports a variety of concept-driven uses where a distinctive, older-building feel is a benefit.
Located in the heart of the Waterloo Arts District, the building is steps from Beachland Ballroom and within a thriving cluster of galleries, restaurants, and creative tenants. It is also within walking distance to the RTA Blue/Green Line, supporting convenient access for customers and visitors.
Zoned LR for retail, restaurant, office, and mixed residential use, the property can work for operators seeking a flexible space for a restaurant concept, brewery, event venue, creative office, or gallery. It also presents potential for qualified renovation and redevelopment under programs noted as eligible, including the Federal Opportunity Zone, City of Cleveland Tax Abatement, and OH/Federal Historic Tax Credit incentives.
Located in the heart of the Waterloo Arts District, the building is steps from Beachland Ballroom and within a thriving cluster of galleries, restaurants, and creative tenants. It is also within walking distance to the RTA Blue/Green Line, supporting convenient access for customers and visitors.
Zoned LR for retail, restaurant, office, and mixed residential use, the property can work for operators seeking a flexible space for a restaurant concept, brewery, event venue, creative office, or gallery. It also presents potential for qualified renovation and redevelopment under programs noted as eligible, including the Federal Opportunity Zone, City of Cleveland Tax Abatement, and OH/Federal Historic Tax Credit incentives.
Key Highlights
- 1927 two‑story historic brick former bank building with 5,636 SF above grade
- 2,749 SF unfinished basement provides additional space for future buildout
- 0.42‑acre lot with on‑site parking
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44110, OH
17,617
Population
11,140
Households
1.6
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
4.1 sq mi
ZIP Area
4,297
Density / Sq Mi
$30,973
Median Household Income
$28,263
Median Earnings
$821
Median Rent
$62,600
Median Home Value
Market
Vacancy Rate% for Retail in Cleveland, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Historic brick bank building with on-site parking and LR zoning for retail, restaurant, office, and mixed residential use.
Where is this storefront property located?
The property is located at 15619 Waterloo Road Cleveland, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1927 two‑story historic brick former bank building with 5,636 SF above grade; 2,749 SF unfinished basement provides additional space for future buildout; 0.42‑acre lot with on‑site parking
