Investment Overview

Marcus & Millichap's Hospitality Division presents Hotel Cleveland, Autograph Collection for sale. Located at 24 Public Square, Cleveland, Ohio, this 491-room, ten-story hotel offers amenities including an on-site restaurant and bar, fitness center, guest laundry, convenience store, and 58,000 square feet of event space across 28 rooms. Situated downtown, next to historic Arcade Cleveland, the hotel combines historic charm with modern comfort. Recent $95 million renovations included $16 million for new HVAC systems and $5 million for facade improvements. The property offers retail space and potential upgrades like converting lounges or leasing the 15th floor for offices or apartments. Cleveland, known for its industrial history, vibrant cultural scene, and green spaces, adds to the hotel's appeal. Nearby demand generators include corporate headquarters, cultural landmarks, sports arenas, and Cleveland Hopkins International Airport, making Hotel Cleveland a prime investment opportunity. Contact the listing agent for more information.