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    2418 Professor Ave Cleveland, OH 44113-4630
    Property profile & analytics

    2418 Professor Ave Cleveland, OH 44113-4630


    • Warehouses
    • 2,980 SF
    • 0.08 lot acres
    Off-Market
    Last Sale Jan 8, 2024
    $500,000
    Property ID
    US66-0123967
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kaiser Gallery / Art Gallery / Cocktail Bar
    • Tenlo Marketing / Advertising Agency / Marketing & Advertising

    Property Details for 2418 Professor Ave

    Year built
    1898
    Construction
    WOOD
    Lot size
    0.08 lot acres
    Property size
    2,980 SF
    Zone code
    GR
    Property type
    Warehouses
    APN
    004-16-091
    APU
    416091

    Description

    This two-story, 2,980 square foot building is located in the heart of the Tremont neighborhood at the corner of Professor Avenue and Jefferson Avenue, a high-traffic area with a traffic light. The building, which underwent renovations in 2010 and 2019, features a desirable open floor plan. The first floor, totaling 1,490 square feet, is currently leased to Kaiser Gallery. The second floor offers 1,490 square feet of versatile space, ideal for office use or conversion to an apartment. This space benefits from a newly added outdoor patio. The property sits on a 0.11-acre lot and is zoned for General Retail Business, providing flexibility for various uses. Its convenient location offers easy access to major interstates (90, 71, 490, and 77) and is situated on an RTA bus line. The building's proximity to numerous well-known restaurants and retailers, along with the newly renovated Cleveland Public Library-Jefferson Branch located directly behind, enhances its appeal and potential. The former Fahrenheit Restaurant is directly across the street, further contributing to the vibrant commercial environment. This presents a unique opportunity to acquire a well-maintained, strategically located commercial property in a thriving Cleveland neighborhood. The building consists of two suites within one structure.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6849
    Latitude
    41.4795
    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
    $17,772
    $13,200
    $164,750
    $177,950
    -
    $37,700
    $470,700
    $508,400
    More about this property
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