1231 Superior Ave

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1231 Superior Ave

Cleveland, OH 44114
Asking Price
$1.95M
Asset Type
Executive Office Office
Class
Class B

What's Special

Office | 17,298 SqFt <ul><li>​Floor 1: Retail/office-ready in white box condition with Superior Avenue frontage</li><li>​Floor 2: Fully built-out Class A office space, move-in ready</li><li>​Floor 3: White box space ideal for office or creative studio use</li><li>​Unique Feature: Freight elevator with street-level access, a rare downtown convenience</li><li>​Roof Access: Potential for rooftop activation or private tenant use</li><li>​Abundant surface lots and garages nearby</li><li>​Walkable to Playhouse Square, cou

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

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