6101 Detroit Ave - Supermarket FOR SALE


Cleveland, OH 44102
$1,995,000 USD
216-801-3599
6101 Detroit Ave, Cleveland, OH for Sale
$1,995,000 USD
Supermarket - FOR SALE
1/7
null | 8.22% Cap Rate

6101 Detroit Ave
Cleveland, OH 44102


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

8.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

LR

APN/PARCEL ID

002-16-012

ASK ABOUT THIS PROPERTY

Justin CampbellRussell Real Estate ServicesMore Info
216-801-3599

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Justin CampbellRussell Real Estate ServicesMore Info
216-801-3599

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