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811 Prospect Ave E 27,800 SF 84% Leased Office Building Cleveland, OH 44115 $2,500,000 ($89.93/SF)



INVESTMENT HIGHLIGHTS
- Modern Downtown Office Investment & Leasing Opportunity
- Build-Out Space with Balcony
- Large Windows with Panoramic Downtown Views; Abundant Natural Light
- Established Lower Level & First Floor Restaurant Tennant
- Raw Space with Mezzanine for Endless Possibilities
EXECUTIVE SUMMARY
811 Prospect Ave. is the best space for sale or lease in Downtown Cleveland. The property is a 27,800 SF RBA building with an existing tenant in the lower & ground level. The second floor offers 2 available tenant spaces that can be combined into one single tenant or owner user space.
Space 1 consists of 4,347 SF of raw space with a 2,336 SF raw mezzanine perfect for additional cubicles or conference rooms leasing for $20/SF. Space 2 consists of 2,466 SF of existing build-out space including a balcony leasing for $30/SF.
The second floor office space offers large windows with panoramic downtown views and abundant natural light. Ideal uses include creative firms, professional services, boutique studio/showroom, or wellness concepts, but the options in this flexible space are endless.
Enjoy walkable downtown environment with access to restaurants, hospitality, and services. Easily connect to urban neighborhood with regional transit. Multiple public parking options and garages available in the surrounding area.
Space 1 consists of 4,347 SF of raw space with a 2,336 SF raw mezzanine perfect for additional cubicles or conference rooms leasing for $20/SF. Space 2 consists of 2,466 SF of existing build-out space including a balcony leasing for $30/SF.
The second floor office space offers large windows with panoramic downtown views and abundant natural light. Ideal uses include creative firms, professional services, boutique studio/showroom, or wellness concepts, but the options in this flexible space are endless.
Enjoy walkable downtown environment with access to restaurants, hospitality, and services. Easily connect to urban neighborhood with regional transit. Multiple public parking options and garages available in the surrounding area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
27,800 SF
Building Class
B
Year Built/Renovated
1996/2016
Price
$2,500,000
Price Per SF
$89.93
Percent Leased
84%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,738 SF
Building FAR
2.45
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
N/Av, Cleveland
AMENITIES
- Restaurant
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Balcony
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- BJPM, Ltd
- Information
- -
- -
- -
- Eight Eleven Prospect Ave LLC
- Public Administration
- -
- -
- -
- Spry Health Inc.
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| BJPM, Ltd | Information | - | - | - | ||
| Eight Eleven Prospect Ave LLC | Public Administration | - | - | - | ||
| Spry Health Inc. | Health Care and Social Assistance | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 4,347 SF | Flex | Shell Space | Now |
| 2nd Fl-Ste 200 | 2,336 SF | Office | Full Build-Out | Jan 2026 |
2nd Floor
| Size |
| 4,347 SF |
| Space Use |
| Flex |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 2,336 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jan 2026 |
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 4,347 SF |
| Space Use | Flex |
| Condition | Shell Space |
| Available | Now |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 2,336 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Jan 2026 |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (79)
PROPERTY TAXES
| Parcel Number | 101-27-014 | Improvements Assessment | $392,630 |
| Land Assessment | $312,550 | Total Assessment | $705,180 |
PROPERTY TAXES
Parcel Number
101-27-014
Land Assessment
$312,550
Improvements Assessment
$392,630
Total Assessment
$705,180
1 of 22
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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811 Prospect Ave E
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