2488-2504 40Th St Cleveland, OH 44104
- Specialty properties
- 38,230 SF
- 2.15 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 2488-2504 40Th St
- Year built
- 1960
- Lot size
- 2.15 lot acres
- Property size
- 38,230 SF
- Property type
- Specialty properties
- Property subtype
- Neighborhood centers
Description
Arbor Park Place, a single-story, 38,230 square foot retail center located at 2488-2504 E. 40th Street, Cleveland, OH 44115, presents a compelling investment opportunity. This Class C property, situated on a 2.15-acre lot (APN 103-32-002) in Cuyahoga County's Central Community submarket, offers multiple suites for lease. Built in 1960 and renovated in 1999, the center currently features four suites, with 26,740 square feet currently vacant. Available spaces range from 1,018 to 18,318 contiguous square feet, suitable for a variety of retail or restaurant uses. The zoning is Retail/Commercial. The property's location near Community College Avenue provides excellent visibility and accessibility. Current tenants include a daycare center and a Dollar Mart. This presents a unique chance to establish a business in a well-established, renovated center within a thriving community. The property's size and flexible space options make it ideal for a range of businesses seeking a prominent location in Cleveland.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6586
- Latitude
- 41.4923