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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2914 9Th St Cleveland, OH 44115

6,600 SF
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Total area 6,600 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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