- For Sale $3,300,000
- 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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Location
Getting Around
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Walk Score ®
97/100 Walker's Paradise -
Transit Score ®
75/100 Excellent Transit -
Bike Score ®
62/100 Bikeable
- City Cleveland, OH
- Neighborhood Downtown Cleveland
- Zip Code 44115
- Market Cleveland Akron
Points of Interest
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South Harbor
0.70 miles
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East 9th–North Coast
0.74 miles
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Cleveland Amtrak
0.81 miles
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Settlers Landing
0.96 miles
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East 55th
2.09 miles
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East 79th
2.89 miles
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Buckeye–Woodhill
3.53 miles
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West Boulevard–Cudell
3.88 miles
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Superior
4.96 miles
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Coventry
5.22 miles
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BP
0.31 miles
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Shell Gas Station
0.84 miles
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Sunoco
1.03 miles
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Quincy Gas
1.36 miles
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Marathon
1.45 miles
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Tesla Supercharger
7.45 miles
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The Halle Garage
0.04 miles
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PlayhouseSquare Parking
0.18 miles
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Reserve Square Parking
0.23 miles
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West Garage
0.23 miles
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Huntington Garage
0.24 miles
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1100 Superior Garage
0.28 miles
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Gateway East
0.28 miles
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Central Garage
0.34 miles
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Fifth Third Center
0.35 miles
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515 Garage
0.37 miles
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Crown Plaza Cleveland at Playhouse Square
0.04 miles
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Metropolitan at The 9, Autograph Collection
0.17 miles
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The Kimpton Schofield Hotel
0.21 miles
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Comfort Inn
0.23 miles
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Hotel Indigo Cleveland Downtown
0.29 miles
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Hilton Garden Inn
0.29 miles
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Holiday Inn Express
0.31 miles
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Residence Inn Cleveland Downtown
0.34 miles
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Hampton Inn Cleveland Downtown
0.37 miles
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Hyatt Regency Cleveland at The Arcade
0.42 miles
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1942 Tacos & Tequila
0.02 miles
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Zaytoon Lebanese Kitchen
0.03 miles
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Subway
0.03 miles
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Ghost Light Grille
0.05 miles
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District
0.06 miles
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Green Rooster Farms
0.08 miles
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Domino's
0.08 miles
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Yours Truly
0.08 miles
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Cibréo Italian Kitchen
0.10 miles
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The Fruit Stand
0.11 miles
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Monte Ahuja College of Business - Cleveland State University
0.22 miles
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Cleveland-Marshall College of Law
0.26 miles
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Promise Academy Charter School
0.29 miles
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Communications School
0.34 miles
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Cleveland State University
0.40 miles
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MC2 STEM
0.41 miles
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Cuyahoga Community College Hospitality Management Center
0.49 miles
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Campus International School
0.51 miles
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Success Tech Academy
0.53 miles
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Washkewicz College of Engineering
0.55 miles
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Smarty Pants
0.62 miles
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Developing Character Child Enrichment Academy
0.69 miles
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Learning To Grow
1.60 miles
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Head Start Pre-School
1.95 miles
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Heart to Heart Enrichment Center
2.26 miles
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Little Footsteps
2.44 miles
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Kindercare Daycare
3.30 miles
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A Step Above
3.37 miles
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Laveer Child Care
3.42 miles
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Apple of My Eye Child Care Center
3.43 miles
Frequently Asked Questions
How much does 1224 Huron Road cost?
The space currently listed for sale at 1224 Huron Road asks for $3,300,000.
What is the total square footage of 1224 Huron Road?
1224 Huron Road totals 17,424 square feet.
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Contact Listing Broker
Joe Zumpano Is this you?
Hoff & Leigh