3029 Prospect E Ave Cleveland, OH 44115-2659
This stunning Class B creative office building, located in Cleveland's vibrant Midtown, offers a unique opportunity for businesses seeking flexible and inspiring workspace. Originally a private residence in the Prospect Avenue Historic District, this multi-tenant property boasts a rich history and now houses a diverse mix of tech and financial companies. The building offers a total of 18,000 square feet, with 4,000 square feet currently vacant and available for lease. Spaces range from a minimum of 2,000 square feet to a maximum contiguous space of 4,000 square feet, providing options for businesses of various sizes. On-site management ensures smooth operations, while convenient on-site parking adds to the property's appeal. A build-to-suit opportunity may be available for qualified tenants. The building's prime Midtown location offers easy access to major interstates (I-90, I-71, and I-77), placing businesses within close proximity to Cleveland State University and the Cleveland Clinic, providing access to a large talent pool and significant healthcare resources. This is a rare chance to secure office space in a historic, well-maintained building with excellent amenities and a highly desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GR · Cleveland, OHCleveland. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.