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1041 Starkweather Ave 7,556 SF 100% Leased Retail Building Cleveland, OH 44113 $888,000 ($117.52/SF)



INVESTMENT HIGHLIGHTS
- Prime Tremont location across from Lincoln Park.
- Three existing apartments plus expansion potential.
- Fully equipped restaurant with bar and kitchen.
- Corner lot with fenced on-site parking.
EXECUTIVE SUMMARY
1041 Starkweather Avenue offers a rare multi-use investment opportunity. This three-story property combines a fully equipped restaurant space with residential units and future development potential, making it ideal for investors seeking strong income streams and value-add upside. The first floor features a turnkey restaurant complete with a full bar, kitchen, and newer equipment, while the second floor houses three apartments—two spacious two-bedroom units and one cozy one-bedroom unit. The third floor remains unfinished, providing a blank canvas for additional units or creative use.
Situated on a prominent corner lot with fenced on-site parking, the property enjoys unmatched visibility and accessibility. Tremont is renowned for its historic charm, cultural attractions, and thriving culinary scene, drawing locals and visitors alike. Just minutes from Downtown Cleveland, the West Side Market, and MetroHealth’s main campus, this location offers convenience and connectivity. Surrounded by ongoing redevelopment and a dynamic mix of retail and residential projects, 1041 Starkweather stands as a strategic investment in one of Cleveland’s most desirable neighborhoods.
Situated on a prominent corner lot with fenced on-site parking, the property enjoys unmatched visibility and accessibility. Tremont is renowned for its historic charm, cultural attractions, and thriving culinary scene, drawing locals and visitors alike. Just minutes from Downtown Cleveland, the West Side Market, and MetroHealth’s main campus, this location offers convenience and connectivity. Surrounded by ongoing redevelopment and a dynamic mix of retail and residential projects, 1041 Starkweather stands as a strategic investment in one of Cleveland’s most desirable neighborhoods.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,556 SF
Building Class
C
Year Built
1922
Price
$888,000
Price Per SF
$117.52
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.91
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
2F
Parking
28 Spaces (3.71 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Fenced Lot
- Air Conditioning
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 004-21-011 | Improvements Assessment | $145,880 |
| Land Assessment | $44,345 | Total Assessment | $190,225 |
PROPERTY TAXES
Parcel Number
004-21-011
Land Assessment
$44,345
Improvements Assessment
$145,880
Total Assessment
$190,225
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1041 Starkweather Ave
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