Central Commercial Real Estate

4614 Prospect Ave E - 21 Spaces Central, Cleveland, OH plus electric
May 22
210 - 13,990
sqft
Office Medical Restaurant

Central

Market Report

Number of Listings
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
15,240

Compared to the rest of the Cleveland market, the Central region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Central Listing Supply

In the last 90 days, 149 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available space in the Central are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 15,240 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this market were built in 1929 and are Class B.

Central Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Central residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Central.
Research