614 W Superior Ave

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614 W Superior Ave

Cleveland, OH 44113
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

614 West Superior Avenue is situated in the heart of Downtown Cleveland’s historic district, positioned directly across from Public Square. The neighborhood is characterized by a mix of high-density office towers, luxury residential conversions, and hospitality venues. The property is within walking distance of the Jack Cleveland Casino, the Justice Center, and the Rocket Mortgage FieldHouse. It benefits from exceptional connectivity, with immediate access to the RTA HealthLine, all major bus routes, and the Tower City rapid transit station. This retail space is suited for high-volume service providers, urban food and beverage concepts, or boutique showrooms requiring significant pedestrian visibility. The location’s heavy foot traffic, driven by professionals, residents, and event spectators, supports businesses targeting a diverse urban demographic. Ideal tenants include regional retailers or national franchises seeking a presence in a central business district with substantial daytime and evening activity.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times