Downtown Waterloo is an historic shopping district in Cleveland's North Collinwood area. An influx of quality enterprises has awakened its walkable, old world atmosphere and is heralding a new vitality for longtime district anchors. The district runs east - west just 1/4 mile south of the Lake Shore business district, which enjoys heavy pedestrian patronage and in 1/2 mile from the busy Collinwood Yards Industrial Park.

AREA DEMOGRAPHICS:

 
one mile
two miles
Population:
14,474
45,911
Households:
7,081
20,574
% owned:
38.5%
40.8%
% rented:
52.5%
48.7%
Average HH income:
$28,248
$33,189

 

AREA ASSETS:

  • Easy access to I-90 with ramps @ East 140th, East 152nd, and East 156th Streets.
  • 99.200 vehicles daily at East 152nd and East 156 Street interchanges.
  • Downtown Waterloo Business District sees average of 10,659 vehicles daily
  • North Collinwood $300,000 streetscape improvement project underway, along with numerous building improvements and buliding facade renovations.
  • New housing has been developed in the affordable and upscale markets in the adjacent residential area.

OTHER AREA FEATURES:

  • Increased investment as a part of the Main Street Initiative that provides guidance for improvements and encourages consensus-based community planning.
  • Technical Assistance is available to existing and prospective business owners through Northeast Shores Community Development Corporation
  • Current Retail Stores include: Cakes by Sweetwater, Fanny's Restaurant, KeyBank, Neighbor's Choice Market, Daves Supermarket, Raddell's Sausage Shop, R& D Sausage Company. Beachland Ballroom, Jackie Chen's Chinese Restaurant, and Mac's Lock & Key, plus Slovenian Workman's Home, St. John's Grand Lodge, Croation Home.

Current needs:

  • Bakery
  • Women's Clothing Store
  • Dry Cleaner
Location
Zoning
Building Size
Lot Size
Features
15300-02 Waterloo Rd.
Commercial
4,500 SF
.05 Acre
Broker listed investment. 100% fully occupied. Two 2 BR Apartments and two 1 BR Apartments up. Beauty salon w apartment above. $94,000. Also has auto shop being sold by owner. 15302 $75,000. Call John at (216) 481-7660
15430 Waterloo Rd.
Local Retail
7,750 SF located next to Aerobic studio
9,583 SF
 For rent. Recently renovated. Hardwood floors. Newer exterior storefront and glass. Owner will build to suit. Call John at (216) 481-7660 to discuss with owner.
15335 Waterloo Rd.
Commercial / Retail
Main building 35,972 SF
1.49 acres
Slovenian Workmen’s Home. For rent up to 15,000 SF. For Sale - Call for details! Asking $750,000. Full kitchen in basement. meeting room on main floor with ballroom and stage. Tenants upstairs. Busy operating public lounge and D5-1 liquor license. Additional space for development. Call John at Northeast Shores for details.
307 East 156th St.
Commercial
6,150 SF
  For sale. Two storefront commercial building with apartments up. Near the Waterloo Arts and Entertainment District. Broker listed. Call John at Northeast Shores for details.
15809 Waterloo Rd.
Commercial / Retail
1,450 SF
  Includes rear office or conference room and additional side room utilized as pop up store or gallery. Skylight. Perfect for retail w/ display windows. Rear parking area.
15813 Waterloo Rd.
Commercial / Retail
550 SF
  Hurry! Storefront windows. Nice Gallery space w/ potential for live work (Apartment Above). Ample parking at rear!
15619-21 Waterloo Rd.
Commercial
2,400 SF on first floor
  The former Keybank Building. Great open floor plan. And ample parking. Two former medical offices upstairs. Lots of potential. Skylight in common area with two restrooms. For more information and to see call John Boksansky at (216) 481-7660.

 

For Additional Information, Please Contact:
John Boksansky
317 East 156th Street
Cleveland, Ohio 44110
Phone: (216) 481-7660
www.northeastshores.org

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