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800-820 Prospect Avenue
800 Prospect Avenue, Cleveland, OH 44115 United States
OVERVIEW
Spectacular owner-user opportunity in this high-profile, second-generation restaurant space in the heart of Cleveland’s Gateway District - occupy while in-place income offsets carrying costs. In-place revenue from an existing Bank of America lease provides immediate, stabilized cash flow from a national credit tenant. Centrally located near Progressive Field and Rocket Mortgage Fieldhouse, with tremendous visibility and close proximity to the amenities of East 4th Street and Euclid Avenue. 16,200 total SF of flagship space across the first floor, second floor, and lower level, including a large kitchen and storage/prep kitchen fitted with a beer cooler and liquor/wine inventory area. Up to $777,000 in available historic tax credits, adding significant value to a redevelopment or repositioning plan – State: $400,000; Federal: $377,000. The existing patio can be expanded if needed and a one-of-a-kind rooftop experience is also available.
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- Sale Price:
- Contact us for pricing
- Construction Status:
- Existing
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