$1,100,000
About this home
Investment Opportunity ? Historic Downtown Cleveland Building Rare opportunity to own an impressive fully remodeled historic building offering nearly 11,000 sq. ft. in a prime downtown Cleveland location. This income-producing property features its own private parking lot, a valuable amenity for tenants and visitors alike. Currently generating approximately $6,000 per month in rental income, with an additional vacant unit offering the potential to increase income to approximately $7,600 per month. With further leasing and optimization, the property presents a potential income opportunity approaching $10,000 per month. A perfect opportunity for investors seeking strong cash flow, owner-users looking to offset occupancy costs, or those wanting to add a landmark property to their portfolio. Prime location, updated condition, multiple income streams, and significant upside potential make this a standout offering.Schedule your private showing today and explore the possibilities this exceptional downtown asset has to offer.
Property details
- MLS #
- 5216109
- Property type
- Office
- Subdivision
- N/A
- Status
- Active
- Days on market
- 5
- On market date
- June 4, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.346 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 647
- Student:teacher ratio
- 14.1:1
- District
- Village Preparatory School Cliffs
- Enrollment
- 581
- Student:teacher ratio
- 11.9:1
- District
- Cleveland Heights-University Heights City
- Enrollment
- 103
- Student:teacher ratio
- 11.4:1
- District
- Cleveland Municipal
Walkability
Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 9, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.