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Former Restaurant/Retail Space Available
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21 Prospect Avenue East, Cleveland, OH 44115

8,000 SF space near JACK Cleveland Casino.

Space SizeContact for details
Days on Market141

Property Features for 21 Prospect Avenue East

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Cleveland
Listed By: Joseph Khouri · License #2008000837
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 8 at 2:26PM

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 CBRE | Cleveland

Investment Insights

Based on property information with market context.

This is an 8,000 square-foot former restaurant and retail space. The property is positioned as a gateway to downtown, located across from JACK Cleveland Casino. It features a full six-bay loading dock, suitable for deliveries. Over 2,000 parking spaces are available in the immediate vicinity. Existing restaurant infrastructure is in place. The location is one block from Public Square and the new Sherwin Williams Global Headquarters. The area benefits from a daytime population of over 46,000 people within a half-mile radius. The property size is 12,417 square feet.

Key Highlights

  • Prime location at the gateway to Downtown, across from JACK Cleveland Casino and near Public Square and the new Sherwin Williams Global Headquarters.
  • Substantial existing restaurant infrastructure in place, reducing startup costs.
  • Unique full 6‑bay loading dock for efficient deliveries.

Property Analytics

Current Use

JACK SWAG SHOP Clothing Store

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,378
Businesses Nearby
Well-served
Demand for This Use

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 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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Similar Off Market Nearby

  • Amerikraine Food 801 W Superior Ave, Cleveland, OH 44113
  • Aramark 200 Huron Rd E, Cleveland, OH 44115
  • Alvies Gateway Catering inside the Holiday Inn Building, National City Bank Building, 629 Euclid Ave, Cleveland, OH 44114
  • Aramark 100 gateway plaza, cleveland, oh 44115
  • Luscious, Nibbles and Nosh 1852 Columbus Rd, Cleveland, OH 44113

Frequently Asked Questions

What type of property is this?
Restaurant - 8,000 SF space near JACK Cleveland Casino.
Where is this restaurant located?
The property is located at 21 Prospect Avenue East Cleveland, OH.
What are key features of this property?
This property features: Prime location at the gateway to Downtown, across from JACK Cleveland Casino and near Public Square and the new Sherwin Williams Global Headquarters.; Substantial existing restaurant infrastructure in place, reducing startup costs.; Unique full 6‑bay loading dock for efficient deliveries.
More about this property
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