1148 Prospect Avenue E
Cleveland, OH, 44115 $ 450,000
Baths0.0 Monthly Estimate*
$ 2,841
Studio for $450,000. This home was built in 1889 on a lot size of 26.7.
Own Your Presence in the Heart of Downtown Cleveland. Position your business in the heart of Downtown Cleveland with this exceptional street-level commercial condominium offering approximately 2,790 square feet of versatile space. The main level features approximately 1,800 square feet with impressive exposed brick, original tile entrance, 12-14 foot ceilings, creating an open, inviting environment ideal for retail, professional offices, galleries, design studios, wellness services, or creative workspaces. An additional 990-square-foot lower level provides valuable space for offices, conference rooms, inventory, production, storage, or client support areas. A prominent 100-square-foot display window offers outstanding visibility along bustling Prospect Avenue, allowing your business to capture the attention of downtown residents, office workers, sports fans, and visitors. The first floor is ADA accessible and is complemented by a convenient ground-level overhead loading door for easy deliveries and operations. Additional amenities include two HVAC systems (heat pump and gas-fired), one restroom, a kitchenette with refrigerator, and flexible interior space adaptable to a wide variety of commercial, retail, and office uses. Located just steps from Rocket Arena, Progressive Field, Playhouse Square, East 4th Street, and Cleveland's thriving entertainment and business district, this is a rare opportunity to own commercial real estate in one of the city's most active urban neighborhoods. The monthly condominium fee of $475 includes building insurance, water, exterior lighting, common area maintenance, exterior window washing, and exterior building maintenance, allowing owners to focus on growing their business rather than managing the property. Whether you're expanding an established business or launching a new venture, Unit E offers the visibility, flexibility, and downtown presence to make your vision a reality.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Possession Negotiable
Year Built 1889
Township Cleveland
Property Subtype Office
Tax Year 2025
Current Use Commercial Office Retail
County Cuyahoga
Property Type CommercialSale
Attached Garage false
Subdivision Name Joshua E Hall Condo
Building Features PrivateRestrooms
Status Active
Directions Just west of Playhouse Square
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Tax Annual Amount 9166
Property Condition UpdatedRemodeled
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Property Sub Type Additional Office
Legal Description UNIT E VOL 162 PGS 43-45 26.7AC OL 150 JOSHUA E. HALL CONDOMINIUM 2009S/R
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InteriorBasement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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ExteriorParking Features None OnStreet
Water Source Public
Lot Size Area 26.7
Building Area Total 2790
Lot Size Acres 26.7
Lot Size Source Assessor
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* Excluded FeaturesList ByKeller Williams Greater MetropolitanBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,841
- Monthly Property Taxes
- $764
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Cleveland, OH
Average List Price $171,945
Percent of Sale Price 62%
About Cleveland, OH 372,504 Population
-22% Since 2002
$ 27,719 Median Income
37.02 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/3/2026 | $450,000 | | Listed Price |