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1436 W 48th St

0.74 Acres of Commercial Land Offered at $699,000 in Cleveland, OH 44102

Investment Highlights

  • Suitable for multi-family or townhome development.
  • Close to Ohio City, Tremont, and Edgewater Park.
  • 10 minutes from Downtown Cleveland.
  • Many retailers nearby along Detroit Avenue.

Executive Summary

This 0.738 acre lot offers a prime opportunity for multi-family or townhome development and is situated just 10 minutes from Downtown Cleveland.

Property Facts

Price $699,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.74 AC

1 Lot Available

Lot

Price $699,000
Price Per AC $944,595
Lot Size 0.74 AC

0.738 acre multi-family lot in Detroit Shoreway/Gordon Square neighborhood. Rare Commercial/multi-family lot.

Description

Rare Commercial/multi-family lot on the border of Gordon Square and Ohio City. Suitable for multi-family or townhome development. Ten (10) minutes from Downtown Cleveland, Tremont and Edgewater Park (Metroparks). Located within City of Cleveland’s new 15-minute Transit Oriented Development (TOD) Zone, with lower parking ratios.

Walk Score ®
Very Walkable (79)
Bike Score ®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
002-14-058
Land Assessment
$17,395
Improvements Assessment
$38,430
Total Assessment
$55,825

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 26737477

  • Date on Market: 9/29/2022

  • Last Updated:

  • Address: 1436 W 48th St, Cleveland, OH 44102

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