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4179 Pearl Rd 17,800 SF 69% Leased Retail Building Cleveland, OH 44109 $800,000 ($44.94/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,800 SF
Building Class
C
Year Built/Renovated
1930/2020
Price
$800,000
Price Per SF
$44.94
Percent Leased
69%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.95
Lot Size
0.21 AC
Zoning
Commercial
Frontage
134’ on Broadview Rd

AMENITIES

  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 400 SF
  • Office/Retail
  • -
  • Jan 2026
  • 201
  • 375 SF
  • Office
  • -
  • Now
  • 202
  • 390 SF
  • Office
  • -
  • Now
  • 203
  • 860 SF
  • Office
  • -
  • Now
  • 206
  • 272 SF
  • Office
  • -
  • Now
  • 207
  • 312 SF
  • Office
  • -
  • Now
  • 213
  • 710 SF
  • Office
  • -
  • Now
  • 216
  • 990 SF
  • Office
  • -
  • Now
  • 220
  • 780 SF
  • Office
  • -
  • Now
  • 222
  • 510 SF
  • Office
  • -
  • Now
Space Size Space Use Position Available
1st Floor 400 SF Office/Retail - Jan 2026
201 375 SF Office - Now
202 390 SF Office - Now
203 860 SF Office - Now
206 272 SF Office - Now
207 312 SF Office - Now
213 710 SF Office - Now
216 990 SF Office - Now
220 780 SF Office - Now
222 510 SF Office - Now

1st Floor

Size
400 SF
Space Use
Office/Retail
Position
-
Available
Jan 2026

201

Size
375 SF
Space Use
Office
Position
-
Available
Now

202

Size
390 SF
Space Use
Office
Position
-
Available
Now

203

Size
860 SF
Space Use
Office
Position
-
Available
Now

206

Size
272 SF
Space Use
Office
Position
-
Available
Now

207

Size
312 SF
Space Use
Office
Position
-
Available
Now

213

Size
710 SF
Space Use
Office
Position
-
Available
Now

216

Size
990 SF
Space Use
Office
Position
-
Available
Now

220

Size
780 SF
Space Use
Office
Position
-
Available
Now

222

Size
510 SF
Space Use
Office
Position
-
Available
Now
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Citizens Bank
Rent-A-Center
KeyBank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
014-18-007
Land Assessment
$16,205
Improvements Assessment
$75,705
Total Assessment
$91,910
  • Listing ID: 37629506

  • Date on Market: 9/10/2025

  • Last Updated:

  • Address: 4179 Pearl Rd, Cleveland, OH 44109

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