Fully Leased Mixed-Use
For Sale
Contact for pricing
Pending
4716 State Road, Cleveland, OH 44109
Three separate occupant arrangements combine retail, residential, and billboard uses.
Property SizeContact for details
Days on Market44
Property Features for 4716 State Road
General Information
Standard status
Pending
Property subtype
Mixed Use, Industrial
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Life Realty Group LLC
Listed By:
Francesco Caringi · License #OH 2014002879
Source:
Crexi
Added: Jul 21
Changed: Sep 2
Last Checked: Sep 1 at 11:04AM
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 Life Realty Group LLC
Investment Insights
Based on property information with market context.
The property at 4716 State Road in Cleveland, Ohio 44109 combines three leased components within one mixed-use asset. The lower level is occupied by a bar business that has operated since 2009, while the upstairs area is leased to a residential tenant. A billboard provides a separate advertising use and revenue component.
The bar lease runs through 12/31/2021 and has no remaining renewal options. The bar and billboard arrangements are structured as NNN, with the billboard lease also extending through 2021. The property is fully leased to a retail bar operator, a residential occupant, and a billboard user.
The bar lease runs through 12/31/2021 and has no remaining renewal options. The bar and billboard arrangements are structured as NNN, with the billboard lease also extending through 2021. The property is fully leased to a retail bar operator, a residential occupant, and a billboard user.
Key Highlights
- Three leased components include a retail bar operator, residential tenant, and billboard
- Bar business has operated at the property since 2009
- Bar lease runs through 12/31/2021 with no remaining renewal options
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
Explore this area
Business Placement
Demographics for 44109, OH
39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
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?
Mixed-use property - Three separate occupant arrangements combine retail, residential, and billboard uses.
Where is this mixed-use property located?
The property is located at 4716 State Road Cleveland, OH.
What are key features of this property?
This property features: Three leased components include a retail bar operator, residential tenant, and billboard; Bar business has operated at the property since 2009; Bar lease runs through 12/31/2021 with no remaining renewal options
