Elgin Furniture 5217 Broadway Ave

52,650 SF Industrial Building Cleveland, OH 44127 $1,625,000 ($31/SF)

INVESTMENT HIGHLIGHTS

  • Close Proximity to I-77 and I-490
  • Excellent Access Directly to Downtown Cleveland

EXECUTIVE SUMMARY

Rare One Acre - Cleveland Urban Core Redevelopment Opportunity. Site Assembled .86 Acre and .15 Acre Redevelopment Opportunity. Comprised of Six (6) Site-Assembled Parcels, Zoned Local Retail Business (LR-C2). Adjacent to NRP Group’s new 5115 The Rising—88 brand new affordable apartment and town home units. Direct Access to $350M Opportunity Corridor, 10 Minutes to Cleveland Clinic (CCF) and University Circle via Opportunity Corridor.

PROPERTY FACTS

Price $1,625,000
Price Per SF $31
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.20 AC
Rentable Building Area 52,650 SF
No. Stories 3
Year Built 1908
Tenancy Single
Parking Ratio 0.09/1,000 SF
Clear Ceiling Height 10’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 3

AMENITIES

  • Property Manager on Site

PROPERTY TAXES

  • Listing ID: 28805453

  • Date on Market: 6/20/2023

  • Last Updated:

  • Address: 5217 Broadway Ave, Cleveland, OH 44127