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).
Contact
- Richard Sheehan · 1216453-3032 · richard.sheehan@nmrk.com
- Richard Sheehan · 1216453-3032 · richard.sheehan@nmrk.com
- Terry Coyne · 1216453-3001 · terry.coyne@nmrk.com
Explore this market
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