2831 Franklin Boulevard

For Sale

2831 Franklin Boulevard, Cleveland, OH 44113

This Cleveland property for sale is located at 2831 Franklin Boulevard. The current listed sale price for 2831 Franklin Boulevard is $5,400,000. 2831 Franklin Boulevard is situated on a lot that is 0.4 acre in size.

Contacts

broker

Berkshire Hathaway Commercial Division

Berkshire Hathaway HomeServices Professional Realty

(513) 204-9539

Property Details

  • Property Type Other
  • Property Size 29,000 SF
  • Lot Size 0.4 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1934
  • Year Renovated 2022
  • Date Updated Jan 21, 2024
The Ohio City Masonic temple is a 30,000 sqft historical commercial real estate project located at 2831 Franklin Blvd, Cleveland, Ohio, 44113, the premier neighborhood in Cleveland,Oh; called Ohio City.Introducing a once-in-a-lifetime opportunity to own a truly remarkable piece of history, located a stone's throw from Downtown Cleveland. Presenting the iconic Masonic Temple, an architectural gem that has been meticulously transformed into a multi-purpose haven that exudes charm and potential at every turn. This historic masterpiece has been thoughtfully repurposed as a highly acclaimed rock climbing gym. Scale the soaring walls that reach an impressive height of 54 feet and marvel at the artfully converted rooftop atrium where sunlight streams through. Spanning an incredible 30,000 square feet, the building boasts a perfect blend of finished and unfinished space, allowing for a myriad of possibilities. The building offers a wealth of options, including multiple office spaces, conference rooms for productive collaborations, studio for artistic endeavors or yoga/cycle enthusiasts, potential gym or speakeasy, and a commercial kitchen, restaurant space included. Private entrances and parking available. Over the past 11 months of operation, the owner / operator has generated $25,000 per month in EBITDA , providing a reliable and immediate cash flow. New experienced GM and head route setter, who are influencers in the Rock Climbing community have been hired on the team. In just a short period of time membership has already begun to grow. Stabilized gyms of this size and quality should generate over $1 mm in EBITDAR, representing a tremendous upside. With close proximity to sports arenas, highways, Lake Erie's Edgewater beach, Whiskey Island marina, West Bank Flats waterfront district, some of Cleveland's top restaurants located throughout Hingetown and W. 25th and nearby new multifamily development including high end luxury townhomes and apartments! Call the listing agent for more information and a tour!

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Attachments

Getting around

  • 92/100

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  • 58/100

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Location

  • City Cleveland, OH
  • Neighborhood Ohio City
  • Zip Code 44113
  • Market Cleveland Akron

Points of Interest

  • West 25th–Ohio City

    0.45 miles

  • Settlers Landing

    0.80 miles

  • Flats East Bank

    0.91 miles

  • Tower City

    1.07 miles

  • West 65th–Lorain (Eco-Village)

    1.21 miles

  • West 3rd

    1.30 miles

  • Cleveland

    1.44 miles

  • East 9th–North Coast

    1.57 miles

  • South Harbor

    1.89 miles

  • Tri-C–Campus District

    2.25 miles

  • Ohio City Gas

    0.42 miles

  • Sunoco

    0.66 miles

  • Express Gas

    1.51 miles

  • BP

    1.51 miles

  • Sunoco

    1.53 miles

  • BP

    1.53 miles

  • Hanini Petroleum

    1.65 miles

  • Sunoco

    2.00 miles

  • Gulf

    2.10 miles

  • BP

    2.37 miles

  • West Side Market Parking

    0.35 miles

  • St. Ignatius Parking

    0.37 miles

  • Merwin's Wharf Parking Lot

    0.43 miles

  • Ontario Street Parking Garage

    1.20 miles

  • Collection Auto Group Centre

    1.20 miles

  • 515 Garage

    1.37 miles

  • Gateway East

    1.38 miles

  • Fifth Third Center

    1.42 miles

  • KeyBank Garage

    1.47 miles

  • Willard Park Garage

    1.50 miles

  • J. Palen House

    0.19 miles

  • Stone Gables Inn

    0.25 miles

  • Cleveland Hostel

    0.44 miles

  • Aloft Cleveland Downtown

    1.00 miles

  • The Ritz-Carlton

    1.04 miles

  • Renaissance Cleveland Hotel

    1.10 miles

  • Cleveland Marriott Downtown at Key Tower

    1.26 miles

  • Hilton Cleveland Downtown

    1.31 miles

  • Residence Inn Cleveland Downtown

    1.33 miles

  • Hyatt Regency Cleveland at The Arcade

    1.35 miles

  • Dave's

    0.24 miles

  • Constantino's Market

    0.95 miles

  • Save-A-Lot

    0.95 miles

  • Tower City Center

    1.10 miles

  • Save-A-Lot

    1.19 miles

  • 5th Street Arcades

    1.34 miles

  • Heinen's

    1.51 miles

  • CGX

    1.55 miles

  • Galleria at Erieview

    1.59 miles

  • Coast Guard Exchange

    1.77 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Berkshire Hathaway Commercial Division

Berkshire Hathaway HomeServices Professional Realty

(513) 204-9539