4179 Pearl Rd - Storefront Retail/Office FOR SALE


Cleveland, OH 44109- Old Brooklyn
$800,000 USD
216-200-8491
4179 Pearl Rd, Cleveland, OH for Sale
$800,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | Request Cap Rate

4179 Pearl Rd
Cleveland, OH 44109
Old Brooklyn


HIGHLIGHTS

  • Cornerstone Location – Prime 17,800 SF mixed-use building at Pearl Rd & Broadview, the gateway to Old Brooklyn’s revitalization
  • Growth Momentum – Surrounded by new apartments, MetroHealth’s $1B transformation project, and city-backed transit expansion.
  • Value-Add Potential – Currently occupied with short-term leases, offering strong upside for investors or owner-users.

OVERVIEW

Prime Cornerstone of Old Brooklyn • Iconic corner property at Pearl Rd & Broadview—high visibility, high traffic. • Over 17,000 SF mixed-use retail/office space on a 9,263 SF lot. • Functional retail on the first floor with office/creative space above—perfect for repositioning. Unmatched Location Advantage • Across the street from brand-new apartments under development—instant built-in customer base. • Located in the heart of Old Brooklyn, a thriving and historic neighborhood seeing a wave of revitalization. • Just minutes from downtown Cleveland with direct public transit planned along Pearl Rd, linking the property straight into downtown. Surrounding Growth & Investment • MetroHealth’s Transformation Project nearby is pumping millions into the area, catalyzing growth. • Active community groups advocating for new business development and neighborhood investment. • Surge of private + city investment targeting this corridor—momentum is undeniable. Opportunity Snapshot • Currently ~60% occupied with flexible, short-term leases. • Below stabilized occupancy = upside potential for savvy investors. • Mixed-use zoning, functional design, and strong tenant appeal position this as an ideal value-add play.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

Commercial

APN/PARCEL ID

014-18-007

ASK ABOUT THIS PROPERTY

Thomas MichaelPav PropertiesMore Info
216-200-8491

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Thomas MichaelPav PropertiesMore Info
216-200-8491

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.