5001 Fleet Ave - Storefront Retail/Office FOR SALE


Cleveland, OH 44105
$295,000 USD
440-821-0203
5001 Fleet Ave, Cleveland, OH for Sale
$295,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | Request Cap Rate

5001 Fleet Ave
Cleveland, OH 44105


OVERVIEW

5001 Fleet Ave., Cleveland, OH for Sale or Lease Prime Commercial Space in Slavic Village Discover a rare opportunity to lease or purchase a two-story commercial building in the heart of Cleveland’s historic and revitalized Slavic Village neighborhood. Located at 5001 Fleet Ave. This property offers a blank canvas ready for your vision, with creative renovation possibilities enhanced by $100,000 in available city grants. Property Highlights: • Charming Character: Original exposed brick walls add a unique and timeless aesthetic. • Modern Comforts: Equipped with two brand-new furnaces, one for each floor, and a new rooftop air conditioning unit to ensure year-round comfort. • Iconic Feature: Includes the infamous neon Slavic Village sign, offering unparalleled branding and visibility. • White Box Ready: A blank slate ready for your design and finishing touches, perfect for retail, office, or mixed-use concepts. City Grant Opportunity: The City of Cleveland is offering a $100,000 grant to aid renovations, with $50,000 allocated for exterior improvements and $50,000 for interior upgrades, giving you the financial support to bring your vision to life. Neighborhood Appeal: Located in Slavic Village, this property is surrounded by a community rich in history and culture, with ongoing revitalization efforts making it a hub for new businesses, residents, and visitors alike. For Lease or Sale: Whether you’re looking to lease or own, this is an ideal opportunity to establish your business in a space with incredible potential in a thriving neighborhood. This is also for lease at $2900/month plus water. Contact us today to schedule a tour and learn more about making 5001 Fleet Ave. your next business location

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

Limited Retail District

APN/PARCEL ID

131-32-023

ASK ABOUT THIS PROPERTY

George HooverTrinity Commercial RealtyMore Info
440-821-0203

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George HooverTrinity Commercial RealtyMore Info
440-821-0203

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