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The Hive 2019 Center St

52,711 SF 92% Leased Office Building Cleveland, OH 44113 $6,000,000 ($114/SF)

Office Space Ohio Cleveland 2019 Center St, Cleveland, OH 44113

Executive Summary

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%.

Attachments

The Hive OM - No Rent Roll

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
52,711 SF
Building Class
A
Year Built/Renovated
1995/2004
Price
$6,000,000
Price Per SF
$114
Percent Leased
92%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
8,785 SF
Slab To Slab
12’
Building FAR
4.48
Lot Size
0.27 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
150 Spaces (2.85 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Controlled Access
  • Fitness Center
  • Property Manager on Site

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 101
  • 3,569 SF
  • Office
  • Full Build-Out
  • Now

Move-in ready spaces are available for immediate occupancy. Fitness center is provided for the convenience of occupants. 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.

  • 1st Fl-Ste 103
  • 1,837 SF
  • Office
  • Full Build-Out
  • Now

Move-in ready spaces are available for immediate occupancy. Fitness center is provided for the convenience of occupants. 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.

  • 3rd Fl-Ste 300
  • 3,555 SF
  • Office
  • Full Build-Out
  • Now
  • 5th Fl-Ste 502
  • 8,211 SF
  • Office
  • Full Build-Out
  • Now

Move-in ready spaces are available for immediate occupancy. Fitness center is provided for the convenience of occupants. 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.

Space Size Space Use Condition Available
1st Fl-Ste 101 3,569 SF Office Full Build-Out Now
1st Fl-Ste 103 1,837 SF Office Full Build-Out Now
3rd Fl-Ste 300 3,555 SF Office Full Build-Out Now
5th Fl-Ste 502 8,211 SF Office Full Build-Out Now

1st Fl-Ste 101

Size
3,569 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 103

Size
1,837 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size
3,555 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Fl-Ste 502

Size
8,211 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 101

Size 3,569 SF
Space Use Office
Condition Full Build-Out
Available Now

Move-in ready spaces are available for immediate occupancy. Fitness center is provided for the convenience of occupants. 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.

1st Fl-Ste 103

Size 1,837 SF
Space Use Office
Condition Full Build-Out
Available Now

Move-in ready spaces are available for immediate occupancy. Fitness center is provided for the convenience of occupants. 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.

5th Fl-Ste 502

Size 8,211 SF
Space Use Office
Condition Full Build-Out
Available Now

Move-in ready spaces are available for immediate occupancy. Fitness center is provided for the convenience of occupants. 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.

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Walk Score ®
Very Walkable (81)
Transit Score ®
Excellent Transit (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 003-18-019 Improvements Assessment $749,250
Land Assessment $103,250 Total Assessment $852,500

PROPERTY TAXES

Parcel Number
003-18-019
Land Assessment
$103,250
Improvements Assessment
$749,250
Total Assessment
$852,500
(440) 382-4230

Contacts

  • Listing ID: 31332164

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 2019 Center St, Cleveland, OH 44113

More public record information on 2019 Center St, Cleveland, OH 44113

The Office Property at 2019 Center St, Cleveland, OH 44113 is currently available for sale. Contact Cushman & Wakefield | CRESCO Real Estate for more information.

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The Hive | 2019 Center St
(440) 382-4230 x

The Hive | 2019 Center St

1/4

Jim Krivanek

(440) 382-4230

(440) 382-4230

Rico Pietro

(216) 235-1559

(216) 235-1559

Kirsten Paratore

(216) 525-1491

(216) 525-1491

Robby Martinelli

(330) 401-6925

(330) 401-6925

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