Excellent Redevelopment Opportunity

8,611 SF | Retail Building | Cleveland, OH 44113 | $1,295,000 ($150/SF)

Asking Price $1,295,000

Property Type: Retail
Square Feet: 8,611 SF
Price / Square Foot: $150

Listing Contacts

Mike Petrigan

Verified Profile

Property Info

Property Overview

Excellent Redevelopment Opportunity in Cleveland's Ohio City Neighborhood
Ideal for Office and/or Residential Conversion
Located in an Opportunity Zone, there are multiple possible tax incentives available.

Property Details

Class: C
Year Built: 1900
Stories: 2
Property Subtype: Storefront Retail/Office, Office/Residential
Lot Size (sq. ft): 11,326 SF

Highlights

16 dedicated parking spaces – rare for the neighborhood!
Situated with outstanding views of Downtown Cleveland and the new Irishtown Bend Park development
Convenient access to Route 2, I-90, I-77 and I-71, and connectivity to multiple modes of transportation
Ohio City is one of Cleveland’s fastest growing neighborhoods seeing adaptive reuse development projects for retail, multifamily & mixed use purposes
Located in an Opportunity Zone: Federal & State Historic Tax Credits and New Market Tax Credits Available

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