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    45 Erieview Plz Cleveland, OH 44114

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Cleveland Retail, 844-4,517 SF Available

    Lot size:
    4,517 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located on the ground floor of The Bell Luxury Apartments, a stunning Class A high-rise building at 45 Erieview Plaza in downtown Cleveland, Ohio (zip code 44114). The space, totaling between 844 and 4,517 square feet, is ideal for a restaurant or coffee shop tenant. The building underwent a complete renovation in 2023, ensuring modern amenities and a high-quality environment. The Bell boasts 367 luxury apartment units and 358 parking spaces, providing a built-in customer base for your business. The building itself is a single, 15-story structure with elevators for convenient access. This is a single-tenant space, offering flexibility and control. The property was originally constructed in 1983 and enjoys a prime location in Cleveland's vibrant downtown core. A competitive rental rate of $20 per square foot gross is offered, with tenant improvement packages available to customize the space to your specific needs. The building also features Class A office spaces on floors two and three. This presents a unique opportunity to establish a thriving business within a thriving residential and commercial community. Don't miss this chance to secure a prominent retail presence in a highly sought-after location.

    Property Features for 45 Erieview Plz

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,517 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1983/2023
    Buildings
    1
    Stories
    15

    Unit(s) available at that property

    Space
    Size
    4,517 SF
    Rate per SF
    $20

    HighLights

    • 367 Class A apartment units.
    • 358 parking spaces.
    • Pet spa.
    • Dog park.
    • Movie theater.
    • Resident dining rooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Bell Apartments Apartment Building

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy 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
    -81.691465975913
    Latitude
    41.505588340737

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    FAQs

    What type of property is this?
    Restaurant - Prime Cleveland Retail, 844-4,517 SF Available
    Where is this restaurant located?
    The property is located at 45 Erieview Plz Cleveland, OH.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 367 Class A apartment units.; 358 parking spaces.; Pet spa.
    Request Owner's contact information
    45 Erieview Plz Cleveland, OH 44114
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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
    45 Erieview Plz Cleveland, OH 44114
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