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    2286 55Th St Cleveland, OH 44103

    For Lease
    Contact for pricing

    Two spaces, 7,000 sq ft, great location

    Lot size:
    4,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property, situated at 2286-2288 E. 55th Street in Cleveland's vibrant Cuyahoga County submarket, presents a unique investment opportunity. The 7,000 square foot building offers two available retail spaces totaling 2,350 square feet, ideal for a variety of businesses. Its strategic location at the intersection of E. 55th Street and Central Avenue ensures high visibility and accessibility. The property boasts ample parking both adjacent to and behind the building, providing convenient access for customers and employees. The property type encompasses retail, land, and restaurant uses, offering flexibility for potential tenants. The multiple tenancy structure allows for diverse business combinations. This property is well-suited for entrepreneurs seeking a high-traffic location with excellent parking in a thriving Cleveland neighborhood. The building's size and layout provide ample space for customization to meet specific business needs. This is a rare opportunity to acquire a well-positioned commercial property in a desirable area of Cleveland, offering significant potential for growth and return on investment. The property's location near major thoroughfares ensures easy access for customers and employees. The combination of retail space, land, and potential restaurant use makes this a versatile and attractive investment.

    Property Features for 2286 55Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,700 SF

    Unit(s) available at that property

    Space
    Available Space 1 Hood
    Size
    2,350 SF
    Space
    Available Space 2 Metro
    Size
    2,350 SF

    HighLights

    • Retail property with two available spaces totaling 2,350 square feet.
    • Located at 2286‑2288 E. 55th Street in Cleveland, Cuyahoga County.
    • 7,000 square foot building situated at the intersection of E. 55th and Central.
    • Ample parking available on‑site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.652111
    Latitude
    41.4966589

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    FAQs

    What type of property is this?
    Restaurant - Two spaces, 7,000 sq ft, great location
    Where is this restaurant located?
    The property is located at 2286 55Th St Cleveland, OH.
    What are key features of this property?
    This property features: Retail property with two available spaces totaling 2,350 square feet.; Located at 2286-2288 E. 55th Street in Cleveland, Cuyahoga County.; 7,000 square foot building situated at the intersection of E. 55th and Central.
    Request Owner's contact information
    2286 55Th St Cleveland, OH 44103
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    Cleveland, OH 44103
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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
    2286 55Th St Cleveland, OH 44103
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