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    2061 Gehring Ave Cleveland, OH 44113

    For Lease
    $25 SF/Yr

    10,000 SF Retail Space - West Side Market Area

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10,000 square foot retail space, located at 2061 Gehring Avenue in Cleveland, Ohio, presents a unique investment opportunity. Situated on a 1.09-acre lot, this single-story, Class B building was constructed in 1950. The property boasts a highly desirable location directly across from the renowned West Side Market and the West 25th Street RTA Station, ensuring high foot traffic and excellent visibility. The adjacency to the new Truss Apartments, a 300+ unit complex, further enhances the property's appeal and potential for strong tenant occupancy. The zoning is SI-C3, offering flexibility for a variety of retail uses. The property's single building structure and ample lot size provide significant potential for expansion or redevelopment. The Cuyahoga County location (APN 00711026, zip code 44113) offers easy access to major transportation routes and a thriving local community. The property's size and location may be particularly suitable for a drive-thru business, capitalizing on the high volume of traffic in the area. This is a rare opportunity to acquire a well-positioned retail property in a rapidly developing neighborhood. The property is currently available for lease.

    Property Features for 2061 Gehring Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    B

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    10,000 SF
    Rate per SF
    $25

    HighLights

    • 10,000 SF retail space on a 1.09‑acre lot in Cleveland, OH.
    • Class B, single‑story building constructed in 1950.
    • High‑traffic location across from West Side Market & RTA station, near new 300+ unit apartment complex.
    • SI‑C3 zoning allows for flexible retail uses.
    • Potential for expansion or redevelopment.
    • Currently available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cleveland Cycle Tours Tour Agency E J Thomas ... Cleaning Products Supplier Elite Cleveland Animal ... Animal Hospital

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7017118
    Latitude
    41.4840258

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    FAQs

    What type of property is this?
    Retail property - 10,000 SF Retail Space - West Side Market Area
    Where is this retail property located?
    The property is located at 2061 Gehring Ave Cleveland, OH.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF retail space on a 1.09-acre lot in Cleveland, OH.; Class B, single-story building constructed in 1950.; High-traffic location across from West Side Market & RTA station, near new 300+ unit apartment complex.
    Request Owner's contact information
    2061 Gehring Ave Cleveland, OH 44113
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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
    2061 Gehring Ave Cleveland, OH 44113
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