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3 Anonymous Users
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Re: Building on Grove, between Wayne and Colombus
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Home away from home
 
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i wish i could invest in a place for pennies on the dollar with good upside potential..any suggestions
Posted on: 2014/9/18 13:13
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Re: Building on Grove, between Wayne and Colombus
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Just can't stay away
 
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I was told by a real estate agent once that Cruz was doing very well, even in the economic downturn. He owns a lot of real estate downtown that he bought in the 80s or 90s for pennies and is now worth a lot of money. I think he's realized he can make a boat load on rent - location is fantastic, lots of space etc - so that's why it's up for rent. I would think he would have been ok with the fire scenario, provided he had the right kind of insurance.
Posted on: 2014/9/18 12:42
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Re: Building on Grove, between Wayne and Colombus
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Newbie
 
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It's because it's not entirely a furniture store - it's also the offices of landlord that owns several buildings downtown. I used to live in one of them. In fact, it was the buildings that burned down next to Orale. Wonder if the fire did them in...
Posted on: 2014/9/18 4:22
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Re: Building on Grove, between Wayne and Colombus
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Home away from home
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I always wondered how cruz furniture stayed in business
Posted on: 2014/9/18 2:41
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Re: Building on Grove, between Wayne and Colombus
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Home away from home
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Always liked their hand-painted sign, actually. But the one time we went in to look at furniture they just totally ignored us, even when we said hi.
Posted on: 2014/9/17 16:59
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Re: Building on Grove, between Wayne and Colombus
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Home away from home
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Good, it looked like a dump. The more of these crappy places close up shop the better. Chains or not, anything will be an improvement.
Posted on: 2014/9/17 16:35
Edited by JCMan8 on 2014/9/17 16:50:21
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Re: Building on Grove, between Wayne and Colombus
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Home away from home
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There is such as a thing as good franchises out there.
Posted on: 2014/9/17 16:00
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Re: Building on Grove, between Wayne and Colombus
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Just can't stay away
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Apparently the Cruz (?) Furniture store (across the street) is up for rent as well. I hope we don't get more franchise-y type places in there!
Posted on: 2014/9/17 15:48
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Re: Building on Grove, between Wayne and Colombus
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Home away from home
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i hear ya, let's hear it for mainstream-ism and corporatism and franchise-ism!
Posted on: 2014/9/17 11:57
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Re: Building on Grove, between Wayne and Colombus
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Home away from home
Joined:
2008/1/3 19:12 Last Login : 2020/9/30 18:46 From Van Vorst Park
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2391
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Wow, a Subway, a 7-11, and a real estate office, what an exciting block :)
Posted on: 2014/9/17 4:35
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Re: Building on Grove, between Wayne and Colombus
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Home away from home
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i think the real estate office is expanding. I am guessing that a 7-11 will replace A1
Posted on: 2014/9/17 3:19
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Building on Grove, between Wayne and Colombus
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Home away from home
Joined:
2008/1/3 19:12 Last Login : 2020/9/30 18:46 From Van Vorst Park
Group:
Registered Users
Posts:
2391
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The building where MXLPLXXPX and A-1 Deli were recently forced out of. I noticed today that the real estate office on the southernmost end of the building (ReMax I think?) was mostly evacuated with floors torn up, etc. Is something afoot with the building, I wonder?
Or are they just raising the rents immensely? The only two businesses which remain are GNC and Subway, both national chains which are notorious for staying afloat amid rising rents. I'd love to see that building refaced actually, with nice storefronts and a nice brick veneer instead of that very depressing beige cast concrete along the entire building. Would really liven up that entire block.
Posted on: 2014/9/17 1:58
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