1041 Starkweather Ave
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1041 Starkweather Ave
7,556 SF 100% Leased Retail Building Cleveland, OH 44113 $950,000 ($126/SF)
Executive Summary
7,556 SF building on 0.27 AC corner lot in Tremont available for sale. Tremont is a vibrant growing community with a large amount of local investment recently put into retail, multifamily, and commercial sectors. 2,636 SF first floor retail with full use of 1,977 SF basement available for lease. Former Polish American Veterans Post with full bar and kitchen (newer stove and hood in place). Second floor consists of two 2-bedroom apartments and one 1-bedroom apartment. Apartments will need renovation. Third floor is unfinished and creates potential opportunity to add additional units. Neighbors include: Grumpy’s Cafe, Cloak & Dagger, Prosperity Social Club, Bourbon Street Barrel Room, and more! On-site parking with a fenced lot that can accommodate several vehicles, a rare and valuable amenity in the area. Area available outside for a patio.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,556 SF
Building Class
C
Year Built
1922
Price
$950,000
Price Per SF
$126
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.89
Land Acres
0.19 AC
Opportunity Zone
Yes
Zoning
2F
Parking
28 Spaces (3.71 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
Parcel Number | 004-21-011 | Improvements Assessment | $55,060 |
Land Assessment | $17,750 | Total Assessment | $72,800 |
PROPERTY TAXES
Parcel Number
004-21-011
Land Assessment
$17,750
Improvements Assessment
$55,060
Total Assessment
$72,800
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1041 Starkweather Ave
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