Flats East Bank — Sale in Cleveland, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cleveland, OH 44113

Description

Cleveland’s premier entertainment district. Located off the shores of Lake Erie at the bank of the revitalized Cuyahoga River. With a boutique hotel, high-end apartment residences, and award winning restaurants, our vibrant neighborhood is the heart and soul of downtown Cleveland. Surrounded by notable attractions like the Rock & Roll Hall of Fame, Playhouse Square, The Jack Casino, and all three professional sports stadiums, Flats East Bank is the perfect spot to work, play and explore the city of Cleveland. Where The Land Meets the River.

Market Context

This retail in Cleveland, OH is listed for sale. It has been on the market for 16 days. Compare it against other retail listings for sale in Cleveland, OH — view the full market.

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%.

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.
Is the Cleveland retail market tightening or softening?
Vacancy is around 4.4% (Q1 2026).

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