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    2914 9Th St Cleveland, OH 44115

    For Lease
    $20 SF/Yr ($11,000 /Mo)

    High-traffic retail space, flexible layouts.

    Lot size:
    6,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial property, located at 2914 E 9th St, Cleveland, OH 44115, offers 6,600 square feet of versatile retail and office space in Cuyahoga County's Downtown Cleveland submarket. The space is currently vacant and available for lease as a whole or divisible into units ranging from 2,600 to 4,000 contiguous square feet. A lower-level space of 2,600 square feet includes a fully equipped commercial kitchen and elevator access. The building is Class B and features 19 parking spaces in a rear lot with convenient curb cut access on East 9th Street. This prime location directly across from Progressive Field benefits from exceptionally high traffic counts. The intersection of East 9th and Carnegie boasts 51,953 vehicles per day (VPD), with East 9th Street seeing 20,792 VPD and Carnegie Avenue 31,161 VPD. Proximity to I-90 adds to the high visibility, with 123,698 VPD on that interstate. The property is part of the BP & Carnegie Ballroom redevelopment project, completed in 2021, and enjoys adjacency to the Hilton Garden Inn. This presents a unique opportunity for businesses seeking high visibility and accessibility in a vibrant downtown location. New ownership has recently acquired the property, and redevelopment planning is underway.

    Property Features for 2914 9Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,600 SF
    Class
    B
    Total Rate
    11000

    Unit(s) available at that property

    Space
    4,000 SF Available - First Floor
    Size
    4,000 SF
    Rate per SF
    $20
    Space
    2,600 SF Available - Lower Level
    Size
    2,600 SF
    Rate per SF
    $20

    HighLights

    • 6,600 SF of versatile retail/office space available for lease, divisible into 2,600‑4,000 SF units.
    • 2,600 SF lower‑level space features a fully equipped commercial kitchen and elevator access.
    • 19 parking spaces in a rear lot with convenient curb cut access on East 9th Street.
    • High‑traffic location directly across from Progressive Field, with 51,953 VPD at the East 9th & Carnegie intersection, and I‑90 traffic counts of 123,698 VPD.
    • Part of the 2021 BP & Carnegie Ballroom redevelopment project, adjacent to the Hilton Garden Inn.
    • Recently acquired by new ownership with redevelopment plans underway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail 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
    -81.68220870115
    Latitude
    41.495148051307

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    FAQs

    What type of property is this?
    Office Property / Space - High-traffic retail space, flexible layouts.
    Where is this office property / space located?
    The property is located at 2914 9Th St Cleveland, OH.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 6,600 SF of versatile retail/office space available for lease, divisible into 2,600-4,000 SF units.; 2,600 SF lower-level space features a fully equipped commercial kitchen and elevator access.; 19 parking spaces in a rear lot with convenient curb cut access on East 9th Street.
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    Cleveland, OH 44115
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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
    2914 9Th St Cleveland, OH 44115
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