2019 Center St - Office FOR SALE


Cleveland, OH 44113
$6,000,000 USD
440-382-4230
2019 Center St, Cleveland, OH for Sale
$6,000,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

2019 Center St
Cleveland, OH 44113


OVERVIEW

The Hive is renowned for its exceptional Italian restaurant, Luca. Ownership intends to offer tech-centric space ranging from 1,000 to 25,000 SF tailored for creative and millennial-driven companies. Architectural elements include timber and brick, creating a unique and appealing environment. Work environment at The Hive is described as the Cleveland’s best vibe work environment. Located in Ohio City, a thriving neighborhood boasting a population of over 9,000 residents and hosts more than 250 businesses. Ohio City is known for being one of the most walkable neighborhoods in Greater Cleveland. Anchor institutions in the neighborhood include the West Side Market, Lutheran Hospital, St. Ignatius High School, and Great Lakes Brewing Company. ACTUAL OCCUPANCY RATE IS 92%.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Hive

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

A

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

Commercial

APN/PARCEL ID

003-18-019

ASK ABOUT THIS PROPERTY

Jim KrivanekCushman & Wakefield | CRESCO Real EstateMore Info
440-382-4230

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Jim KrivanekCushman & Wakefield | CRESCO Real EstateMore Info
440-382-4230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.