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Eagle Specialty Co 2181 E 55th St

46,080 SF Industrial Building Cleveland, OH 44103 $650,000 ($14/SF)

Investment Highlights

  • Concrete Floors
  • Open floor plans

Executive Summary

Redevelopment property. 3-story concrete warehouse. 3 overhead doors, freight elevator, side parking lot, and rear Longfellow Lot available for storage. each floor is approximately 10,000 sqft. double row of concrete columns. The lower-level basement is dry and usable for additional storage, such as solid concrete construction.
Additionally, the neighboring parcels at 5604 Cedar Ave can be purchased for $550,000. This property has a 3 story brick building approx. 24,000 sqft and a 1 story building approx. 9,000 sqft. this property has a cedar rd lot and access to E 55th through the parking lot easement.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $650,000
Price Per SF $14
Sale Type Owner User
Sale Conditions Building in Shell Condition
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 2.90 AC
Rentable Building Area 46,080 SF
No. Stories 3
Year Built/Renovated 1920/2010
Parking Ratio 0.43/1,000 SF
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

Amenities

  • Fenced Lot

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
118-17-001
Land Assessment
$12,600 (2023)
Improvements Assessment
$25,900 (2023)
Total Assessment
$38,500 (2023)

zoning

Zoning Code SI
SI
  • Listing ID: 31406406

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: 2181 E 55th St, Cleveland, OH 44103

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