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1048-1052 Old River Rd
Cleveland, OH 44113

Price Upon Request

Restaurant For Sale  •  31,000 SF

Property Details

• Property Type Restaurant
• Total Building Size 33,000 SF
• Year Built 2020
• Tenancy Multiple

63 Transit Score

68 Walk Score

Highlights

ICONIC INCOME-PRODUCING WATERFRONT OPPORTUNITY IN THE FLATS OF DOWNTOWN CLEVELAND

Terrific value-add opportunity for the astute investor. The most important waterfront property offered in Cleveland in over a generation

This is a rare pair of Class A commercial/retail buildings that have over 33,000 RSF plus exterior patios

Designed and constructed by Cleveland Developer Scott Wolstein at an estimated cost of over $21 Million in 2020

The finishes are world class and will command the highest potential future income

Currently 70% occupied with strong income. Potential gross income at 100% occupancy should exceed $1.2 million

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid))	8 min	-	2.2 mi
Transit/Subway	Drive	Walk	Distance
Tower City - Public Square (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Red Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid))	3 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Cleveland-Hopkins International	25 min	-	14.3 mi