27,094 SF Office/Warehouse Opportunity | 1730-1736 Columbus Rd
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27,094 SF Office/Warehouse Opportunity 1730-1736 Columbus Rd
27,094 SF 100% Leased Office Building Cleveland, OH 44113 $2,350,000 ($87/SF)
Investment Highlights
- Mixed-use owner / user and redevelopment opportunity in the heart of The Flats/Tremont/Ohio City neighborhood
- Potential Eligibility for Historic Tax Credits
- Located in an Opportunity Zone
Executive Summary
This owner/user opportunity consists of three (3) existing buildings on 2 parcels, totaling 27,094 SF with a completely renovated ground floor single story 6,676 SF office space + unfinished 3 story vintage warehouse prime for redevelopment.
1 min / 0.3 miles away from Bedrock's $3.5 Billion dollar Cuyahoga Riverfront Master Plan featuring Cleveland Cavaliers + Cleveland Clinic Global Peak Performance Center.
• The 1736 Columbus Road building is approx. 6,676 SF and was completely renovated and designed by well known architect/former owner, see the virtual tour and photos. Ideal opportunity for rooftop deck!
• The middle building 1730 Columbus features a first floor open garage/warehouse space, with an unfinished second floor. The 1730/1736 buildings are connected & accessible via interior doorway
• The third 3 story building at 1720 Columbus is in raw condition prime for redevelopment
• Parking: Approximately 6 spaces behind the building, 10 public parking spaces directly in front of the building, and this property sits across the street from a 365 parking space paid lot ($50/per month)
• Alternative Redevelopment Plan: This development opportunity comes with complete construction drawings and is permit ready for 45 unit apartment development, full package / turnkey development plans
• This property is located 0.3 Miles or 1 minute away from the (recently announced!) Bedrock Real Estate’s $3.5 Billion Cuyahoga Riverfront Master Plan featuring Cleveland Cavaliers + Cleveland Clinic Global Peak Performance Center
1 min / 0.3 miles away from Bedrock's $3.5 Billion dollar Cuyahoga Riverfront Master Plan featuring Cleveland Cavaliers + Cleveland Clinic Global Peak Performance Center.
• The 1736 Columbus Road building is approx. 6,676 SF and was completely renovated and designed by well known architect/former owner, see the virtual tour and photos. Ideal opportunity for rooftop deck!
• The middle building 1730 Columbus features a first floor open garage/warehouse space, with an unfinished second floor. The 1730/1736 buildings are connected & accessible via interior doorway
• The third 3 story building at 1720 Columbus is in raw condition prime for redevelopment
• Parking: Approximately 6 spaces behind the building, 10 public parking spaces directly in front of the building, and this property sits across the street from a 365 parking space paid lot ($50/per month)
• Alternative Redevelopment Plan: This development opportunity comes with complete construction drawings and is permit ready for 45 unit apartment development, full package / turnkey development plans
• This property is located 0.3 Miles or 1 minute away from the (recently announced!) Bedrock Real Estate’s $3.5 Billion Cuyahoga Riverfront Master Plan featuring Cleveland Cavaliers + Cleveland Clinic Global Peak Performance Center
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
27,094 SF
Building Class
B
Year Built/Renovated
1852/2015
Price
$2,350,000
Price Per SF
$87
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
27,094 SF
Building FAR
0.90
Lot Size
0.69 AC
Opportunity Zone
Yes
Zoning
Commercial
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Walk Score ®
Very Walkable (78)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 101-17-009 | Improvements Assessment | $55,860 |
| Land Assessment | $40,390 | Total Assessment | $96,250 |
PROPERTY TAXES
Parcel Number
101-17-009
Land Assessment
$40,390
Improvements Assessment
$55,860
Total Assessment
$96,250
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27,094 SF Office/Warehouse Opportunity | 1730-1736 Columbus Rd
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