Listing Agency: CBRE | Cleveland k***@cbre.com Show Phone

Listed By: Ken Stern · License #2019001372 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 13 Last Checked: Aug 22 at 12:30PM

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Investment Insights

Based on property information with market context.

Located in the heart of Cleveland’s historic district, this retail space is situated within the 5th Street Arcades, century-old architectural landmarks. The property is within walking distance of major attractions such as East 4th St, Progressive Field, Rocket Mortgage Fieldhouse, House of Blues, and Playhouse Square. This iconic building is positioned in the center of Downtown’s retail, restaurant, and residential epicenter. The property size is 6073 square feet.

Key Highlights

• Located in the heart of Cleveland’s historic district.
• Century‑old architectural landmark.
• Walking distance to major attractions like East 4th St, Progressive Field, Rocket Mortgage Fieldhouse, House of Blues, and Playhouse Square.

Property Analytics

Property Profile

Current Use

Downtown 530 Barber Shop Kabob House Restaurant Poke 86 Restaurant We Bleed Ohio Marketing & Advertising 5th Street Arcades Shopping Center & Mall

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Acupuncture Home Appliance Store 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

6,987

Businesses Nearby

Explore this area Business Placement

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

Lease Benchmarks for Cleveland, OH

$22.14 /SF/Yr

Avg Asking Price

$12–$30 /SF/Yr

Price Range

14,173 SF

Avg Space Size

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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Frequently Asked Questions

What type of property is this?

Retail space - Retail space in a historic downtown Cleveland architectural landmark.

Where is this retail space located?

The property is located at 530 Euclid Avenue Cleveland, OH.

What are key features of this property?

This property features: Located in the heart of Cleveland’s historic district.; Century‑old architectural landmark.; Walking distance to major attractions like East 4th St, Progressive Field, Rocket Mortgage Fieldhouse, House of Blues, and Playhouse Square.