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Mixed-Use Property with Restaurant Space
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800-820 Prospect Avenue, Cleveland, OH 44115

An existing Bank of America lease accompanies a multi-level restaurant space with kitchen, prep, and storage areas.

Property Size16,200 SF
Days on Market11

Property Features for 800-820 Prospect Avenue

General Information

Standard status Active
Size 16,200 SF
Property subtype Retail

Additional Details

Floor 1 + 2 + Lower Level
Patio Yes

Amenities

kitchen
patio
Listing Agency: Cushman & Wakefield | CRESCO Real Estate
Listed By: Robby Martinelli · License #SAL.2014002730
Source: Crexi
Added: Sep 17 Changed: Sep 27 Last Checked: Sep 26 at 7:19AM

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 Cushman & Wakefield | CRESCO Real Estate

Investment Insights

Based on property information with market context.

This 16,200-SF mixed-use property combines restaurant space across the first floor, second floor, and lower level with an existing Bank of America lease. The restaurant area includes a large kitchen, a separate prep and storage kitchen, a beer cooler, and an area for liquor and wine inventory. An existing patio can be enlarged, and rooftop space is also available for an experience above the building.

At 800-820 Prospect Avenue in Cleveland, the property is near Progressive Field, Rocket Mortgage FieldHouse, East 4th Street, and Euclid Avenue.

Key Highlights

  • 16,200 SF across the first floor, second floor, and lower level
  • Existing Bank of America lease
  • Restaurant area includes a large kitchen and separate prep and storage kitchen

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Home Appliance Store Plumbing Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,938
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - An existing Bank of America lease accompanies a multi-level restaurant space with kitchen, prep, and storage areas.
Where is this mixed-use property located?
The property is located at 800-820 Prospect Avenue Cleveland, OH.
What are key features of this property?
This property features: 16,200 SF across the first floor, second floor, and lower level; Existing Bank of America lease; Restaurant area includes a large kitchen and separate prep and storage kitchen
(216) 232-4104 Call to check price and availability
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