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    120 Public Sq Cleveland, OH 44114

    Sponsored
    For Lease
    Contact for pricing

    Class A Office & Retail Space Available

    Lot size:
    16,357 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A commercial property, located at 120 Public Square in Cleveland, Ohio, presents a unique investment opportunity. Comprising two buildings with a combined 64 stories, this expansive complex sits on a 2.14-acre lot (APN: 10107022, 10107001) and is zoned GR-9. Built in 1990, the property offers a blend of office and retail space, currently configured for multiple tenants. While the exact number of suites is unavailable, there is at least one 16,357 square foot space currently available. The building boasts newly renovated public areas, enhancing the modern workplace experience. Amenities include a lounge for Marriott elite members, a Greatroom Bar, dedicated meeting rooms, event space, convenient valet parking, and a grab-and-go market. This prime location in Cuyahoga County, with its convenient downtown address and zip code 44114, offers unparalleled access to the city's vibrant business district. The property's impressive scale and high-end amenities make it an ideal location for businesses seeking a prestigious and functional workspace. This is a rare opportunity to acquire a significant piece of Cleveland's commercial real estate landscape.

    Property Features for 120 Public Sq

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,357 SF
    Class
    A

    Building Details

    Year Built
    1990
    Buildings
    2
    Stories
    64

    Unit(s) available at that property

    Space
    5400
    Size
    16,357 SF

    HighLights

    • Class A, 64‑story, two‑building complex in downtown Cleveland, OH.
    • 2.14‑acre lot (APN: 10107022, 10107001), GR‑9 zoning.
    • Built in 1990, offering office and retail space; at least one 16,357 sq ft suite available.
    • Newly renovated public areas, amenities include a Marriott elite lounge, bar, meeting rooms, event space, valet parking, and a market.
    • Prime downtown Cleveland location (44114) in Cuyahoga County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fountain Of Eternal Life Sculpture

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6747295
    Latitude
    41.5139193

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    FAQs

    What type of property is this?
    Retail property - Class A Office & Retail Space Available
    Where is this retail property located?
    The property is located at 120 Public Sq Cleveland, OH.
    What are key features of this property?
    This property features: Class A, 64-story, two-building complex in downtown Cleveland, OH.; 2.14-acre lot (APN: 10107022, 10107001), GR-9 zoning.; Built in 1990, offering office and retail space; at least one 16,357 sq ft suite available.
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    120 Public Sq Cleveland, OH 44114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Public Sq Cleveland, OH 44114
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