Nautica Waterfront District Acreage

5.61 Acres of Commercial Land Offered at $17,500,000 USD in Cleveland, OH 44113

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $17,500,000

Property Type
Land

Listing Contacts

Terry Coyne
Terry Coyne
Verified Profile
Richard Sheehan
Richard Sheehan
Verified Profile
Claire Coyne
Claire Coyne
Verified Profile
  • Property Info

Property Overview

5.61 Acre waterfront development opportunity for sale in the Nautica Waterfront District, Flats West Bank, Cleveland, Ohio. The Nautica Waterfront District is a sprawling 22-acre site on the west bank of the Cuyahoga River in Cleveland, Ohio. It offers exciting places to live, work and play. Development focus will be on residential and hotel uses. +/- 15 acres for additional uses to live, work and play. Building on the success of the Nautica Entertainment Complex and its 35-year history. Adjacent to the Cuyahoga River with spectacular views of the city of Cleveland skyline. Direct link to the Lake Link Trail which is adjacent to the Nautica Waterfront District property. Direct link to the future bridge from the Flats West Bank to Whiskey Island. Walking distance to numerous restaurants and entertainment venues. Short walk or drive to retail needs such as grocery stores and dry cleaners. The Nautica Waterfront District opened in 1986 on the west bank of the Cuyahoga River, featuring unique entertainment venues including: FirstEnergy Powerhouse, one of Cleveland’s
most iconic structures, once powered Cleveland streetcars at the turn of the century. Greater Cleveland Aquarium, featuring approximately 50,000 SF of aquarium-related uses and the longest sea-tube in the United States. Windows on the River, a top-rated banquet facility in Ohio, features three separate rooms and beautiful outdoor patios. Jacobs Pavilion, one of the top-rated outdoor amphitheaters in America, based on national reviews, seats over 4,000 people and is host to more than 30 concerts and events annually. Nautica Queen Dining Cruise Ship, a dinner cruise ship with 350 seats, offers fine dining on the Cuyahoga River and Lake Erie and its wonderful skyline views. Shooters on the Water, one of the most successful and longest running restaurants in Northeast Ohio. IMPROV comedy club, featuring comedians from across the globe. Music Box Supper Club, one of Cleveland’s top concert venues.

Property Details

Property Subtype
Commercial

Highlights

  • 483 feet of frontage on the Cuyahoga River
  • Outstanding scenic views of Downtown Cleveland and the Cuyahoga River
  • Residential tax abatement available
  • New Market tax credits available
  • New zoning-275 ft. height
  • Asking Price: $17.5 Million

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