Retail Business for Sale in Beachwood, OH

  • Price: $3.9M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Beachwood, OH 44122

Description

Join Giant Eagle, Petco, Ross Dress for Less, Michaels and more | $184,614 average household incomes within 1-mile and $139,172 within 3-miles • Ceiling heights: — South wall: The bottom of joist is approximately 17'-11", and bottom of deck is approx. 19'-8 3/4" (south is the front of the store facing Chagrin). North wall: The bottom of joist is 16'-3", and 18' to the bottom of the deck (north is the rear of the store) - the roof slopes from front to back (building has internal roof drains). • Zoned: U-4A integrated Business — Permitted uses include general retail, hotel, multifamily with ground floor retail, childcare, fitness and more — The property is subject to the Pavilion CCR's and would require consent from the neighboring owner — PPN: 74215035 (Cuyahoga County) • The site is located in the heart of the Beachwood MSA, the market features: — Retail: High-end retail, featuring Ohio's only Saks, Cleveland's only Nordstrom, Restoration Hardware Mansion, Tiffany, Apple, Whole Foods, Warby Parker and many more — Office: Over 5m SF office space with 6 Fortune 500 Companies in the east side office district — Medical: Minutes from University Hospital Ahuja hospital, which underwent a $236m expansion in '24 — Hotels: Over 15 hotels with over 2,000 keys

Market Context

This retail in Beachwood, OH is listed for sale at $3,866,500. It has been on the market for 163 days. Compare it against other retail listings for sale in Beachwood, OH — <a href="/search/sale/retail/ohio/beachwood">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).

Unified Estimate

Medium Confidence

$100.41/SF – $135.85/SF

Mid: $118.13/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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