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8514 Carnegie Ave Cleveland, OH 44106

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For Sale
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Cleveland Clinic Area, 8,750 SF, High Potential

Property size:
8,750 SF

Property Features for 8514 Carnegie Ave

General Information

Property type
Retail properties & Spaces
Square Feet
8,750 SF
Lot Size
26,572 SF

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Listing Contact
Joe Zumpano
Joe Zumpano

Listing Agency: Hoff & Leigh Listing Agent: Joe Zumpano

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 8,750 square foot retail property, located at 8514 Carnegie Avenue in Cleveland, Ohio, presents a unique redevelopment opportunity. Situated on a 0.61-acre lot, this commercially zoned property boasts prime visibility and accessibility, directly across from the Cleveland Clinic's main campus. The property's strategic location offers unparalleled exposure to the high volume of foot and vehicle traffic associated with the Clinic. This is further enhanced by its proximity to the planned 1 million square foot Neurological Institute, part of the Clinic's billion-dollar investment in its main campus. The asking price is $1,600,000, translating to $182.86 per square foot. This represents a compelling investment prospect given the property's size, location, and the significant ongoing development within the immediate vicinity. The property's existing structure presents a blank canvas for a variety of retail uses, capitalizing on the high-density population and significant economic activity of the Cleveland Clinic complex. This is a rare chance to acquire a substantial property in a rapidly growing and highly desirable area. The 44106 zip code ensures easy access to major transportation routes and amenities. This is an opportunity not to be missed for investors seeking high-return potential in a premier Cleveland location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Ben's Auto Body ... Auto Repair Shop

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.627579436218
Latitude
41.501253045002

FAQs

What type of property is this?
Retail property - Cleveland Clinic Area, 8,750 SF, High Potential
Where is this retail property located?
The property is located at 8514 Carnegie Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High-profile location within the prestigious Cleveland Clinic campus.; Excellent visibility and accessibility due to its strategic placement.; Modern, high-quality construction and finishes throughout the building.
(330) 940-9360 Call to check price and availability
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