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Property profile & analytics

3915 Carnegie Ave Cleveland, OH 44115

  • Retail space
  • 15,112 SF
  • 0.62 lot acres
Value Estimation
$415,000
Last Sale
Feb 02, 2021
$525,000
Location Intelligence
Property ID
US66-1091500
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • 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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,964
$56,980
$132,900
$189,880
-
$162,800
$379,700
$542,500
More about this property
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