1.78 AC Multifamily Development Site — Sale in Cleveland, OH

  • Price: $3M
  • Listing type: For sale
  • Asset type: Business
  • Location: Cleveland, OH 44102

Description

For Sale - Fully Entitled CBRE Cleveland is pleased to present the exclusive listing of West 73rd Apartments Development Site (“The Property”) for sale to qualified investors/developers. Measuring a total of 1.78 acres in the highly affluent Gordon Square/Detroit Shoreway sub-market, this presents a rare opportunity for a developer to acquire a fully-entitled multifamily development site in one of the hottest growth markets in Cleveland. With its prime location, along with in-place 15-year tax abatement, this provides an attractive opportunity for a developer to acquire one of the last remaining land parcels in this high-barriers-to-entry location.

Market Context

This commercial property in Cleveland, OH is listed for sale at $2,950,000. It has been on the market for 13 days. Compare it against other commercial property listings for sale in Cleveland, OH — view the full market.

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