Elgin Furniture 5217 Broadway Ave
52,650 SF Industrial Building Cleveland, OH 44127 $1,625,000 ($31/SF)
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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
1 of 1
PROPERTY TAXES
Parcel Number | 123-23-024 | Improvements Assessment | $0 |
Land Assessment | $4,060 | Total Assessment | $4,060 |