Map of Property

1224 Huron Road

For Sale

1224 Huron Rd, Cleveland, OH 44115

This Cleveland property for sale is located at 1224 Huron Rd. The current listed sale price for 1224 Huron Road is $3,300,000.

Contacts

broker

Joe Zumpano

Hoff & Leigh

Property Details

  • Property Type Multi-Family
  • Property Size 17,424 SF
  • Cap Rate % 6
  • Additional Rent Contact for pricing
  • Date Updated Nov 13, 2024

Rare opportunity to own one of the newest mixed-use residential buildings in the rapidly growing Theater District. 1224 Huron Road, AKA: Starr Piano Lofts, was the 2018 Downtown Cleveland Alliance Development award recipient.

Starr Piano Lofts in PLAYHOUSE SQUARE, CLEVELAND, OHIO: Hoff & Leigh is proud to offer the newest mixed-use, 9 residential & 1 retail unit, The Starr Piano Lofts. Located at 1224 Huron Ave, Cleveland, OH 44115, in the Playhouse Square / Theater District. Offered for Sale:  3,300,000. The Starr Piano Lofts is an award-winning historical renovation and consists of 3 one-bedroom & one-bath units and 6 two-bedroom & two-bath units, all with in-suite laundry. Three units overlooking Playhouse Square. The property is a solid fully leased investment opportunity with upside potential!

Storage lockers and parking can provide additional income. Excellent  location, one block from E 9th Street, all major sports arenas and at the corner of the RTA Health-Line. Owner paid trash removal and water / sewer; tenant paid electric only.

Projected NOI at increased market rates at $192,032 or a 6% cap at the asking price of $3,300,000. Currently the property is 100% occupied!

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Getting around

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  • 75/100

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  • 62/100

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Location

  • City Cleveland, OH
  • Neighborhood Downtown Cleveland
  • Zip Code 44115
  • Market Cleveland Akron

Points of Interest

  • South Harbor

    0.70 miles

  • East 9th–North Coast

    0.74 miles

  • Cleveland Amtrak

    0.81 miles

  • Settlers Landing

    0.96 miles

  • East 55th

    2.09 miles

  • East 79th

    2.89 miles

  • Buckeye–Woodhill

    3.53 miles

  • West Boulevard–Cudell

    3.88 miles

  • Superior

    4.96 miles

  • Coventry

    5.22 miles

  • BP

    0.31 miles

  • Shell Gas Station

    0.84 miles

  • Sunoco

    1.03 miles

  • Quincy Gas

    1.36 miles

  • Marathon

    1.45 miles

  • Tesla Supercharger

    7.45 miles

  • The Halle Garage

    0.04 miles

  • PlayhouseSquare Parking

    0.18 miles

  • Reserve Square Parking

    0.23 miles

  • West Garage

    0.23 miles

  • Huntington Garage

    0.24 miles

  • 1100 Superior Garage

    0.28 miles

  • Gateway East

    0.28 miles

  • Central Garage

    0.34 miles

  • Fifth Third Center

    0.35 miles

  • 515 Garage

    0.37 miles

  • Crown Plaza Cleveland at Playhouse Square

    0.04 miles

  • Metropolitan at The 9, Autograph Collection

    0.17 miles

  • The Kimpton Schofield Hotel

    0.21 miles

  • Comfort Inn

    0.23 miles

  • Hotel Indigo Cleveland Downtown

    0.29 miles

  • Hilton Garden Inn

    0.29 miles

  • Holiday Inn Express

    0.31 miles

  • Residence Inn Cleveland Downtown

    0.34 miles

  • Hampton Inn Cleveland Downtown

    0.37 miles

  • Hyatt Regency Cleveland at The Arcade

    0.42 miles

  • Heinen's

    0.18 miles

  • 5th Street Arcades

    0.34 miles

  • Galleria at Erieview

    0.49 miles

  • CGX

    0.59 miles

  • Tower City Center

    0.60 miles

  • Coast Guard Exchange

    0.82 miles

  • Park to Shop

    0.88 miles

  • Constantino's Market

    0.96 miles

  • Dave's Markets - Ohio City

    1.59 miles

  • Dave's

    1.87 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Joe Zumpano

Hoff & Leigh