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    6720 Harvard Ave Cleveland, OH 44105

    For Sale
    Contact for pricing

    500 SF Retail Space - Prime Location

    Property size:
    500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 500-square-foot retail property, ideally situated at 6720 Harvard Avenue in Cleveland, Ohio, presents a unique investment opportunity. Classified as both an auto shop and storefront, this versatile space offers significant potential for a variety of businesses. The property's location at the corner of Harvard Avenue and E. 68th Street ensures high visibility and accessibility, attracting significant foot and vehicle traffic. The building itself is a standalone structure, providing ample space for both retail operations and potential automotive services. The address is 6720 Harvard Avenue, Cleveland, OH 44105, within Cuyahoga County. A key advantage is the possibility of combining this property with the adjacent 6700 Harvard Avenue, resulting in a substantial 0.54-acre combined lot. This expansion potential significantly enhances the property's value and allows for larger-scale development or expansion of existing operations. The property's zoning and permitted uses should be verified independently. This is an excellent opportunity for entrepreneurs seeking a well-located, adaptable commercial space in a thriving Cleveland neighborhood. The property is ready for immediate occupancy, offering a turnkey solution for businesses seeking a strategic location with high visibility and growth potential. Detailed property information, including precise dimensions and zoning details, is available upon request.

    Property Features for 6720 Harvard Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    500 SF

    HighLights

    • 500 square foot retail space.
    • Located at 6720 Harvard Ave, Cleveland, OH 44105.
    • Property is zoned for auto shop and storefront uses.
    • Situated on the corner of Harvard Avenue and E. 68th Street.
    • Potential to combine with adjacent 6700 Harvard Avenue for a total of 0.54 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Team Ferrari Auto ... Used Car Dealer My Three Son's ... Car Dealer Inc Auto Inc ... Used Car Dealer U-Haul Neighborhood Dealer Truck Rental Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.642136116913
    Latitude
    41.448260846989

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    FAQs

    What type of property is this?
    Individual retail property - 500 SF Retail Space - Prime Location
    Where is this individual retail property located?
    The property is located at 6720 Harvard Ave Cleveland, OH.
    What are key features of this property?
    This property features: 500 square foot retail space.; Located at 6720 Harvard Ave, Cleveland, OH 44105.; Property is zoned for auto shop and storefront uses.
    Request Owner's contact information
    6720 Harvard Ave Cleveland, OH 44105
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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
    6720 Harvard Ave Cleveland, OH 44105
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