Laurisa Rosado
This listing was posted on Laurisa Rosado (via ListedBuy).
$5,000,000
Cleveland, Cuyahoga County, OH Commercial Property, House for sale Property ID:
Price:
$5,000,000
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Description:
Incredible investment opportunity with reliable and immediate cash flow per climbing gym lease. This historic Masonic Temple, 29,000 square feet has been repurposed as a highly acclaimed rock climbing gym with a 54 ft high rooftop atrium. Stabilized gyms of this size and quality should generate over $1 mm in EBITDAR, representing a tremendous upside. Located in the heart of Ohio City. Ohio City has had recent development in high end luxury townhomes and apartments. Housing demand is on an increase in this area as well as storefront vacancy decreasing from 34% to 2% in the last 3 years. Additional commercial space includes; (unfinished) commercial kitchen/dining area with private entrance or a (speakeasy), (partial finish) gym space, (finished) yoga/cycle studio, finished and unfinished office space. Reach out for a private tour and additional information! Copyright © 2023 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Still available at ListedBuy!
Property Type:
Commercial & Office Space for Sale
Sq feet:
29,075 sq. ft.
Amenities:
Gym
For sale by:
Agent/Broker
Agent Name:
Laurisa Rosado
Posted:
December 17 2023 on ListedBuy
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More About this Listing: Cleveland, Cuyahoga County, OH Commercial Property, House for sale Property ID:
Cleveland, Cuyahoga County, OH Commercial Property, House for sale Property ID: is a Commercial Real Estate for Sale at 2831 Franklin Boulevard in Cleveland OH. Find other listings like Cleveland, Cuyahoga County, OH Commercial Property, House for sale Property ID: and listings near 2831 Franklin Boulevard by searching Oodle Classifieds for Commercial Real Estate for Sale in Cleveland OH.
Cleveland, Cuyahoga County, OH Commercial Property, House for sale Property ID: is a Commercial Real Estate for Sale at 2831 Franklin Boulevard in Cleveland OH. Find other listings like Cleveland, Cuyahoga County, OH Commercial Property, House for sale Property ID: and listings near 2831 Franklin Boulevard by searching Oodle Classifieds for Commercial Real Estate for Sale in Cleveland OH.