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

ADDITIONAL IN DEPTH REPORTS from REDIS (Regional Economic Development Information System)

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
326 East 156th St.
Commercial
     For lease. Former home of Immanuel Presbyterian Church. Beautiful historic structure built in 1924. Currently houses daycare as a tenant, broker listed. Call Northeast Shores at (216) 481-7660 for contact info.
353 East 156th St.
Commercial
5,000 SF
  Be the new owner of Fanny's! 138 seat restaurant with 60+ years of continuous service. Turn key operation. Owner willing to show you the ropes and share the recipes which put the family business on the Map through three generations. Call (216) 481-7660 for an appointment to see the premises.
410 East 156th St,
Commercial
1,400 SF
  Studio / Gallery in the heart of the arts district across from Arts Collinwood/Cafe Marika. $550.00. Call to see (216) 481-7660.
15300 Waterloo Rd.
Commercial
4,500 SF
.05 Acre
Broker listed investment. 100% fully occupied. Two 2 BR Apartments and two 1 BR Apartments up. Maintained every year. $162,000. Call to see.
15430 Waterloo Rd.
Local Retail
1,000 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 to discuss with owner. Class C ready.
15504 Waterloo Rd.
Commercial - Service Station
3,000 SF
13,200 SF
For Sale. Operating gas and convenient shopping located in the heart of the Waterloo Entertainment and emerging arts district. Plans prepared for Storefront renovation in 2002. Special incentives available for an exterior renovation. Turn key ready for you!
15602 Waterloo Rd.
Local Retail
2,276 SF
  For Sale. One store flat iron commercial building. Great for an office use, lawyer, accountant, insurance, or local retail. Full basement for additional storage/use and has dedicated parking. Broker listed $109,900. Call (216) 481-7660 and ask for John B.
15701 Waterloo Rd.
Commercial / Retail
800 SF in two storefronts
   Serious inquiries only. The Green Complex (not green building, just painted green). Adjacent to Nationally Known Entertainment Venue. Three buildings with additional 3 apartment rental units and a double house. Broker listed.
15813 Waterloo Rd.
Commercial
950 SF, renovated 2003
   Formerly the Agape Cafe. Footsteps to the Beachland Ballroom, Music Saves and next to Shoparooni. Call Northeast Shores at (216) 481-7660 and ask for John.
16001 Waterloo Rd.
Commercial / Retail
650 SF
   In the Blue Arrow Building. Perfect for food prep, restaurant. Renovated 2003. Kitchen space available w/ stainless sink. Ready for your fixtures. Call NSDC for details (216) 481-7660
16006 Waterloo Rd.
Commercial / Retail
    For rent/sale. Apartments up and too many improvements to mention. The historic Collinwood Bakery Building. Needs work but we envision an upscale restaurant and Bed and Breakfast opportunity. One of Collinwood’s historic concrete block buildings. Currently occupied by a metal sculptor.
16101 Waterloo Rd.
Office Space
1,760 SF on one level
   Ample parking .
15335 Waterloo Rd.
Commercial / Retail
Up to 5,000 SF available
   Slovenian Workmen’s Home.Also have hall rental. We’ve got the location, come with your business ideas. Call for details.

 

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

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