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2550 Riverbed St

4.52 Acres of Commercial Land in Cleveland, OH 44113

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Investment Highlights

Prime 4.517 acre water front development site.
Dominant location - most prestigious development opportunity within the City of Cleveland.

Highest and best use - residential/commercial/mixed-use or recreational.
Unmatched views of the Cuyahoga River and Old Riverbend Channel.

Executive Summary

Prime 4.517 acre waterfront development site. Highest and best use - residential/commercial/mixed-use or recreational.

2550 Riverbed St Sale

Property Facts

Sale Type	Investment	Proposed Use	Commercial Retail Mixed Use Apartment Units Single Family Development Storefront, Retail or Office
No. Lots	1	Total Lot Size	4.52 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use Apartment Units Single Family Development Storefront, Retail or Office
Total Lot Size	4.52 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size	4.52 AC

Lot Size	4.52 AC

Prime 4.517 acre water front development site.

Description

Dominant location - most prestigious development opportunity within the City of Cleveland. In 2021, downtown Cleveland completed $113 million in development, including transformative residential projects, and outdoor recreation enhancements, including the Wendy Park Pedestrian Bridge adjacent to our offering.

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