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2900 Detroit Ave
Cleveland, OH 44113 West Bank

$2,250,000 USD

Office Condo For Sale  •  9,820 SF

Property Details

  • Property Type Office
  • Total Building Size 30,000 SF
  • Lot Size 0.29 AC
  • Building Class B
  • Year Built 1900
  • Cap Rate 5.65 %
  • Tenancy Multiple
  • Zoning LR
58 Transit Score
86 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 2nd Floor Office 9,820 SF $2,250,000 USD
  • Unit Size: 9,820 SF
  • Condo Use: Office
  • Price: $2,250,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $229.12 USD
Description
9,820 square foot second floor A+ office condo in Ohio City.

Sale Notes
The Van Roy Building, located at 2900 Detroit Avenue, is a 9,820-square-foot commercial and office condo situated in the vibrant urban residential neighborhood of Hingetown. Part of the larger Ohio City neighborhood, The Van Roy Building exemplifies the Romanesque Revival industrial architecture style. 

With its convenient access to downtown Cleveland, Ohio City’s Market
District, Gordon Square, and Route 2, The Van Roy Building presents a unique alternative to
traditional downtown office spaces.

Description 

2900 Detroit Avenue consists of office condos. The property offers high profile signage with an additional signage opportunity for visibility on I-90.

Highlights

Exceptional restoration of a historic building in a premier location.
Includes 8 reserved parking spaces and conveniently located on the RTA Bus Line.
High profile signage location on building and additional signage opportunity with Route 2 highway visibility.
Minutes to Ohio City & West 25th Street.

Property Flyers

Financial Summary

Cap Rate: 5.65 %
Total Expenses: $0 USD

Public Transportation

Commuter RailDriveWalkDistance
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 - 2.8 mi
Transit/SubwayDriveWalkDistance
West 25 - Ohio City (Red Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 23 min - 12.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Terry Coyne 216-218-0259 Newmark
Terry Coyne 216-218-0259 Newmark