Listed by Russell Commercial Advisory
$1,250,000
6101 Detroit Road
Details
APN 00216012
Property Type Mixed Use
Sub Type Apartment, Mixed Use
Square Footage 8,500
Net Rentable (SqFt) 8,500
Units 12
Lease Options Negotiable
Price per SqFt $147
Class B
Year Built 1920
Buildings 1
Lot Size (SqFt) 18,025
Zoning General Retail Business
Parking Spaces 25 per unit
Investment Type Owner/User
Lease Commencement 10/04/2022
Occupancy Date 10/29/2022
Ground Lease Yes
Ownership Private Seller
8,000 Warehouse and Parking Lot
Marketing description
Brick Warehouse - Mixed Use | Retail | Restaurant
6101 Detroit Ave | Cleveland, OH 44102
Gordon Square Arts District
Extremely desirable brick warehouse building nestled within the Detroit-Shoreway Gordon Square Arts District. Boasting over 8,000sf concrete floors on slab with large paved asphalt parking lot (up to 25 cars) pours directly onto Detroit Ave. Retail storefront features thirteen-foot ceilings, double-door entry, storefront bay window glass and transoms and plenty of well-lit interiors. The additional square footage offers ample warehouse space opening up possibilities of warehouse and storage to an office or restaurant conversion opportunity. Building layout includes two large billboards atop the building, large eleven foot steel overhead door and three entry access points, meetings rooms, mezzanine office and two restroom facilities—with mechanicals of three-phase power supply, refrigeration and coolers (existing owner/tenant), two hot water tanks and cooling towers for rooftop condensers. An absolute premium location in the heart of Gordon Square—perfect for mixed-use retail and multifamily, restaurant, single-floor primary or shared office concept connecting you to the local neighborhood vibrancy and access.
Investment highlights
The Gordon Square Arts District is a world-class arts destination, anchored by its three major theatres, with unique shopping and fantastic dining options in the heart of Cleveland’s Detroit Shoreway neighborhood. It was revitalized in the early 2000s through a joint campaign between DSCDO, Cleveland Public Theatre and Near West Theatre.
In the Gordon Square Arts District, arts and culture are part of the day-to-day experience of residents and visitors. Many of the artistic organizations in the district share values of equity, inclusion and social justice, and all offer free or low-cost opportunities among their programming.
The Gordon Square commercial district and Capitol Theatre cinema at West 65th Street and Detroit Avenue date back over 100 years.
Listing Contacts
Listed by Russell Commercial Advisory
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