Three-Floor Office-Retail Redevelopment
For Lease
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1720-1736 Columbus Rd, Cleveland, OH 44113
Three-floor commercial building with 15,000 SF, including first-floor retail/amenity space potential and rear parking potential.
Space Size15,000 SF
Days on Market525
Property Features for 1720-1736 Columbus Rd
General Information
Standard status
Active
Size
15,000 SF
Property subtype
OFFICE
Site & Location
Neighborhood
The Flats
Additional Details
Opportunity Zone
Yes
Building Details
Stories
3
Building Size
15,000 SF
Spaces For Lease
at 1720-1736 Columbus Rd
1720 Columbus Rd
$20/SF/Yr
Floor
Bldg
Size
15,000 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Prime redevelopment opportunity in the heart of The Flats/Tremont/ Ohio City neighborhoods. Located in an opportunity zone with federal tax credit eligibility. Total of 15,000 SF across three floors. First floor retail/amenity space potential (5,000 SF). Additional parking potential at rear of property. Very walkable (72). Excellent Transit (76). Less than 5 minute drive to downtown.
Contact us
Listing Agency:
Cresco Real Estate | Cleveland
(216) 520-1200
Listed By:
Rico A. Pietro, SIOR
(216) 525-1473
Source:
Moodyscre
Added: May 23, 2025
Changed: Oct 25
Last Checked: Oct 28 at 9:25AM
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
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Investment Insights
Based on property information with market context.
Available for lease, 1720–1736 Columbus Rd is a three-floor redevelopment building totaling 15,000 SF. The first floor is suited for retail and/or amenity uses, with retail/amenity space potential identified at 5,000 SF. Additional parking potential is noted at the rear of the property, supporting flexible reconfiguration for an end user or concept.
The property is located in an opportunity zone and is described as having federal tax credit eligibility. Public remarks also cite walkability (72) and excellent transit access (76), with downtown listed as less than a 5-minute drive.
Overall, the site is configured as a multi-floor commercial asset with a clear emphasis on ground-floor retail/amenity conversion and possible rear parking during redevelopment.
The property is located in an opportunity zone and is described as having federal tax credit eligibility. Public remarks also cite walkability (72) and excellent transit access (76), with downtown listed as less than a 5-minute drive.
Overall, the site is configured as a multi-floor commercial asset with a clear emphasis on ground-floor retail/amenity conversion and possible rear parking during redevelopment.
Key Highlights
- Three‑floor commercial building totaling 15,000 SF
- First‑floor retail/amenity space potential for up to 5,000 SF
- Opportunity zone location with federal tax credit eligibility
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,160
Businesses Nearby
Explore this area
Business Placement
Demographics for 44113, OH
20,291
Population
12,554
Households
1.6
Avg Household Size
33
Median Age
54%
College-Educated
89%
High-School Grad
3.8 sq mi
ZIP Area
5,340
Density / Sq Mi
$70,140
Median Household Income
$61,204
Median Earnings
$1,374
Median Rent
$295,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Cleveland, OH
$19.88 /SF/Yr
Avg Asking Price
$18–$21.5 /SF/Yr
Price Range
25,235 SF
Avg Space Size
This space is priced 1% above the average of $19.88 /SF/Yr.
Vacancy Rate% for Office in Cleveland, OH
Frequently Asked Questions
What type of property is this?
Office building - Three-floor commercial building with 15,000 SF, including first-floor retail/amenity space potential and rear parking potential.
Where is this office building located?
The property is located at 1720-1736 Columbus Rd Cleveland, OH.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Three‑floor commercial building totaling 15,000 SF; First‑floor retail/amenity space potential for up to 5,000 SF; Opportunity zone location with federal tax credit eligibility
