9818 Gambier Avenue

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9818 Gambier Avenue

Cleveland, OH 44102
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

9818 Gambier Avenue is a retail property situated in the Glenville neighborhood of Cleveland, Ohio. The location offers proximity to the diverse commercial corridors of the East Side, providing easy access to local residential pockets and community services. It is positioned near major local thoroughfares and public transit routes, including Greater Cleveland Regional Transit Authority (RTA) stops, ensuring connectivity for commuters. The surrounding area features a mix of long-standing local businesses, educational institutions, and healthcare facilities. This retail site is well-suited for a variety of essential neighborhood services, such as a convenience store, boutique pharmacy, or specialty grocer. The layout and location cater to small-to-medium-scale commercial tenants looking to serve the immediate local population. Typical occupants include service-oriented businesses, neighborhood-scale retailers, or professional office users seeking street-level visibility. The property’s footprint offers versatility for businesses requiring a blend of floor sales area and back-of-house storage.

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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

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