Contacts
Cushman & Wakefield | CRESCO Real Estate
Cushman & Wakefield | CRESCO Real Estate
Cushman & Wakefield | CRESCO Real Estate
Cushman & Wakefield | CRESCO Real Estate
Property Details
- Property Type Office
- Property Size 9,372 SF
- Lot Size 0.13 Acre
- Date Updated Sep 28, 2026
• Prime Tremont Location – Situated in one of
Cleveland’s most sought-after neighborhoods,
the property offers walkability to Tremont’s top
restaurants, bars, coffee shops, Lincoln Park, and
the Towpath Trail, while remaining just minutes from
Downtown Cleveland.
• 15-Year Tax Abatement Through 2035 – Property
benefits from a 100% tax abatement on
rehabilitation improvements through December
31, 2035, creating substantial operating expense
savings and enhanced cash flow.
• Fully Renovated Luxury Asset – Redeveloped in
2021 with all new mechanicals, HVAC systems,
appliances, modern finishes, in-suite laundry,
rooftop deck, and Energy Star / Green Communities
certifications, minimizing near-term capital
expenditures.
• Trophy Multifamily Investment in a High-Growth
Urban Market – Modern boutique apartment
property with strong in-place tenancy, premium
finishes, and proximity to Downtown Cleveland,
positioned to capitalize on continued demand for
high-end urban living in Tremont.
• Rare Value-Add Opportunity – Existing unfinished
7th unit creates flexibility for investors to add
a luxury apartment or activate the space as a
boutique retail concept such as a café, fitness
studio, office, or specialty retail user with direct
frontage on Jefferson Avenue.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
75/100
Walk Score ®
-
42/100
Transit Score ®
-
56/100
Bike Score ®
Location
- City Cleveland, OH
- Neighborhood Tremont
- Zip Code 44113
- Market Cleveland Akron
Points of Interest
-
Settlers Landing
1.43 miles
-
East 55th
1.52 miles
-
Cleveland Amtrak
1.85 miles
-
East 9th–North Coast
1.86 miles
-
South Harbor
1.96 miles
-
East 79th
2.49 miles
-
Buckeye–Woodhill
3.26 miles
-
West Boulevard–Cudell
3.69 miles
-
Big Creek & Memphis Railway
4.83 miles
-
Coventry
5.03 miles
-
BP
0.97 miles
-
Sunoco
1.32 miles
-
Quincy Gas
1.46 miles
-
Shell Gas Station
1.48 miles
-
Ohio City Gas
1.51 miles
-
Marathon
1.58 miles
-
Shell
1.62 miles
-
Valero
1.85 miles
-
Tesla Supercharger
6.85 miles
-
South-East Harley Davidson
9.63 miles
-
ATTC parking
1.08 miles
-
Gateway East
1.12 miles
-
West Side Market Parking
1.15 miles
-
Merwin's Wharf Parking Lot
1.20 miles
-
Collection Auto Group Centre
1.21 miles
-
St. Ignatius Parking
1.24 miles
-
The Halle Garage
1.27 miles
-
South Garage
1.28 miles
-
Ontario Street Parking Garage
1.30 miles
-
515 Garage
1.37 miles
-
Hilton Garden Inn
1.01 miles
-
Hotel Indigo Cleveland Downtown
1.20 miles
-
Residence Inn Cleveland Downtown
1.25 miles
-
Metropolitan at The 9, Autograph Collection
1.29 miles
-
The Ritz-Carlton
1.29 miles
-
The Kimpton Schofield Hotel
1.31 miles
-
Crown Plaza Cleveland at Playhouse Square
1.32 miles
-
J. Palen House
1.33 miles
-
Holiday Inn Express
1.35 miles
-
Comfort Inn
1.36 miles
-
Dave's Markets - Ohio City
1.29 miles
-
5th Street Arcades
1.29 miles
-
Save-A-Lot
1.31 miles
-
Tower City Center
1.32 miles
-
Heinen's
1.32 miles
-
Burlington
1.35 miles
-
Walmart Supercenter
1.50 miles
-
Marshalls
1.54 miles
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Constantino's Market
1.60 miles
-
Target
1.65 miles