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7209 St Clair Ave

65,950 SF 100% Leased Industrial Building Cleveland, OH 44103 $395,000 ($6/SF)

Industrial Properties Ohio Cleveland 7209 St Clair Ave, Cleveland, OH 44103

Investment Highlights

  • Ideal redevelopment opportunity.
  • 7,000 square foot attached garage/warehouse.
  • Historic tax credits available.
  • ~ $60K gross income on building currently.
  • Freight elevator completely updated.

Executive Summary

7209 St Clair Ave is a four-story 58,950 square foot building available for sale with a 7,000 square foot attached warehouse/garage. The property brings in approximately $60K annual gross income and features a freight elevator. Additionally, the property offers access to a 30-car paved parking lot. Prime location just two blocks from I-90.

Property Facts

Price $395,000 Rentable Building Area 65,950 SF
Price Per SF $6 No. Stories 4
Sale Type Investment Year Built 1926
Sale Conditions Redevelopment Project Parking Ratio 0.61/1,000 SF
Property Type Industrial Clear Ceiling Height 16 FT
Property Subtype Manufacturing No. Dock-High Doors/Loading 1
Building Class C No. Drive In / Grade-Level Doors 2
Lot Size 0.57 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.
Price $395,000
Price Per SF $6
Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.57 AC
Rentable Building Area 65,950 SF
No. Stories 4
Year Built 1926
Parking Ratio 0.61/1,000 SF
Clear Ceiling Height 16 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
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.

Amenities

  • Air Conditioning
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Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
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PROPERTY TAXES

Parcel Number 105-16-020 Improvements Assessment $52,990
Land Assessment $17,540 Total Assessment $70,530

PROPERTY TAXES

Parcel Number
105-16-020
Land Assessment
$17,540
Improvements Assessment
$52,990
Total Assessment
$70,530

zoning

Zoning Code C-1
C-1
(216) 772-4700

  • Listing ID: 31821912

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 7209 St Clair Ave, Cleveland, OH 44103

More public record information on 7209 St Clair Ave, Cleveland, OH 44103

The Industrial Property at 7209 St Clair Ave, Cleveland, OH 44103 is currently available For Sale. Contact Coakley Real Estate Company LLC for more information.

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7209 St Clair Ave
(216) 772-4700 x

7209 St Clair Ave

Sandy Coakley

(216) 772-4700

(216) 772-4700

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