10518 Superior Avenue, Cleveland, OH

Others for Sale - $130,000 - 10,782 Sq. Ft. on 0.18 acres


Agent Info

Mike Ferrante
CENTURY 21 HomeStar

Property Info

CIMLS#1181476
Location
  10518 Superior Avenue
  Cleveland OH 44106
UpdatedSeptember 14th, 2025
TypeOthers
Price$130,000
Building10,782 Sq. Ft.
Land0.18 acres

Property Description

Incredible development opportunity, the historic Jonell Centre, a landmark building in the City of Cleveland which was formerly used as a bank (Ameritrust) and a remarkable party center, right next door to where the Gold Coast Lofts are going in on E 105th/Superior (a fabulous mixed use project featuring retail, offices, and residences), just a couple blocks from the VA hospital, Wade Park, and University Circle. The French-design-inspired Beaux Arts Architecture interior is reminiscent of the Old Arcade downtown, with a massive skylight and a 2000+ sq ft Mezzanine level divided into small shops or offices. The first floor is comprised of various spaces, including a huge hall/lobby and additional partitioned spaces for more offices, retail, etc. The full basement includes a kitchen area complete with hood and other equipment. The rear of the building could be opened back up with an overhead door with direct access to a warehouse space. Other features: marble trim, chandeliers, 4 bank vaults. Includes the lot next door for a total of .18 acres, plus some additional parking possible at the rear. Temporary power pole already set by Cleveland Public Power. Includes the lot to the east. Restore this beautiful "lady" to its former glory!


Financials


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