Historic Warehouse Conversion
For Sale
Contact for pricing
2630 Payne Ave, Cleveland, OH
65,000 SF building near CSU campus, ideal for redevelopment.
Property Size65,188 SF
Lot Size1.04 Acres
Price / SF$29.15
Days on Market713
Property Features for 2630 Payne Ave
General Information
Standard status
Active
Size
65,188 SF
Lot size
1.04 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Hoff & Leigh
(330) 940-9360
Listed By:
Joe Zumpano · License #SAL.2015004596
(330) 990-0847
Source:
Moodyscre
Added: Oct 1, 2024
Changed: Aug 15
Last Checked: Sep 13 at 9:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoff & Leigh
Investment Insights
Based on property information with market context.
This 65,000 SF building presents a redevelopment opportunity in a high-growth area near the CSU Campus District. The location is within Cleveland State University’s Master Plan, designed to accommodate student growth, with an anticipated enrollment of 20,000 students in 2024. The historic brick warehouse building, constructed in 1921, is situated in an Opportunity Zone and may be eligible for Historic Preservation and/or New Market Tax Credits. The property is suitable for residential or mixed-use conversion. It also includes the property at 1764 E 27th Street, Cleveland. The location offers high visibility and immediate access to I-90.
Key Highlights
- Located in high‑growth area near CSU Campus District with expected enrollment of 20,000 students in 2024.
- Redevelopment opportunity within Cleveland State University’s Master Plan.
- 65,000 SF building ideal for residential or mixed‑use conversion.**
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 65,000 SF building near CSU campus, ideal for redevelopment.
Where is this mixed-use property located?
The property is located at 2630 Payne Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Located in high‑growth area near CSU Campus District with expected enrollment of 20,000 students in 2024.; Redevelopment opportunity within Cleveland State University’s Master Plan.; 65,000 SF building ideal for residential or mixed‑use conversion.**
