3915 Carnegie Ave Cleveland, OH 44115
- Retail space
- 15,112 SF
- 0.62 lot acres
Current Use by Public Records
- Forest City Grub / Delivery Service
- Chennai Caters / Caterer
- Margie Suezo Studio / Photography Studio
- El Arepazo y Pupuseria Express / Restaurant
- Cilantro Thai Express - Carnegie Ave / Thai Restaurant
Property Details for 3915 Carnegie Ave
- Year built
- 1949
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.62 lot acres
- Property size
- 15,112 SF
- Zone code
- SI
- Property type
- Retail space
- APN
- 103-16-023
- APU
- 10316023
Description
This exceptional 17,600 square foot freestanding building presents a unique investment opportunity in Cleveland's vibrant culinary scene. Situated at the highly visible intersection of Carnegie Avenue and East 40th Street, this property offers significant potential for growth and profitability. The building is currently configured as a food hub, featuring thirty individual kitchens, each fully equipped with essential commercial appliances including hoods, sinks, and refrigeration units. This setup is ideal for a variety of food-related businesses, from established restaurants to emerging food entrepreneurs. The multiple-tenant configuration allows for diverse income streams and a robust tenant base. Located in Cuyahoga County, Ohio, with a zip code of 44115, this property benefits from excellent visibility and accessibility. The building's substantial square footage provides ample space for expansion or adaptation to meet evolving market demands. This is a rare chance to acquire a well-established and versatile commercial property in a thriving Cleveland submarket. The property's existing infrastructure significantly reduces start-up costs for potential tenants, making it an attractive option for a wide range of culinary ventures. The high-traffic location ensures consistent exposure to a large customer base, maximizing the potential for success. This is a prime opportunity for investors seeking a stable and profitable investment in the Cleveland food industry.
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
- -81.6579
- Latitude
- 41.5013
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA