Retail Business for Sale in Cleveland, OH

  • Price: $1.1M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cleveland, OH 44102
  • Size: 8,500 SF

Description

Prime Gordon Square location meets strong investment potential at 6101 Detroit Avenue. This mixed-use building sits directly on Detroit Avenue’s high-visibility corridor, offering excellent frontage, pedestrian activity, and proximity to major redevelopment projects. The former supermarket storefront is well-positioned for retail, restaurant, service, or creative conversion uses.

Market Context

This retail in Cleveland, OH is listed for sale at $1,150,000 across 8,500 SF. It has been on the market for 5 days. Compare it against other retail listings for sale in Cleveland, OH — <a href="/search/sale/retail/ohio/cleveland">view the full market</a>.

As of Q1 2026, the Cleveland retail market showed a 4.4% vacancy rate, average asking rents near $16.16/SF/yr, and cap rates around 8.7%. Source: Www.matthews.com Q1 2026 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Cleveland?
About 8.7% as of Q1 2026, per Www.matthews.com.
Is the Cleveland retail market tightening or softening?
Vacancy is around 4.4% (Q1 2026).

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