5200 Euclid AveCleveland, OH 44103

For Lease
$9.50/SF/YR

Cleveland Restaurant, 4000 sq ft, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4,000 square foot restaurant space, located at 5200 Euclid Avenue in Cleveland, Ohio, presents a unique investment opportunity. Previously operating as the Backstage Cafe, this single-tenant property is situated within the iconic Agora, currently undergoing a significant multi-million dollar revitalization. This renovation includes the addition of approximately 50 new apartment units and office spaces, creating a vibrant and dynamic environment within Cleveland's Midtown District. The Agora Theater itself boasts impressive annual attendance figures, hosting around 130 events and welcoming over 110,000 guests annually. This high foot traffic location offers unparalleled exposure and potential for a thriving restaurant business. The expansive space provides ample room for creative design and layout, allowing for the implementation of a diverse range of restaurant concepts. The property is located in Cuyahoga County, Ohio, with a zip code of 44103. This is a rare chance to establish a new restaurant concept in a rapidly developing area, benefiting from the ongoing investment and growth within the Midtown Cleveland community. The property's size and prime location within the revitalized Agora complex make it an ideal investment for discerning entrepreneurs seeking a high-visibility, high-traffic location.

Highlights

  • New residential and office conversion opportunity.
  • Partnership with Midtown Cleveland Inc. and LDA Architects.
  • Includes existing kitchen equipment and hood system.
  • Prime Euclid Avenue frontage.
  • Conveniently located minutes from The Cleveland Foundation campus.

Unit(s) available at that property

Space
Size
4,000 SF
Rate per SF
$9.50

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.503724
Longitude
-81.65306
5200 Euclid Ave, Cleveland, Ohio

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5200 Euclid Ave
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