2041 West 17Th St Cleveland, OH 44113
3.82-acre development site in Cleveland's urban core neighborhoods.
Property size:
3 SFProperty Features for 2041 West 17Th St
General Information
- Standard status
- Active
- Size
- 3 SF
Source:
Cbre
Listing Agency: CBRE | Cleveland Listing Agent: Joseph Khouri
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Development Site in Cleveland, OH
This 3.82-acre development site, known as Guardian Bluffs (formerly Epic Steel), is located in Cleveland, OH. Situated in the heart of Cleveland's urban core neighborhoods, including Ohio City, Flats East and West Bank, Downtown Cleveland, Duck Island, and Tremont, the site benefits from the area's ongoing renaissance, with thousands of new multifamily units under construction. The property is adjacent to the upcoming Thunderbird development on the Scranton Peninsula, which will feature over 600 market apartments and townhomes, along with a BrewDog and a future Great Lakes Brewery. Additionally, The Collins, a 316-unit luxury apartment complex, is within walking distance, and The Triton at the Flats, a 293-unit luxury complex, is opening soon. The site is located in an overlay district that allows for multifamily zoning, with potential tax abatement packages available from the city of Cleveland for qualified developments. The current zoning is SI K4 Semi-Industry; however, this property is located in an overlay district which allows for multifamily development at 175’ high above grade with a FAR (Floor Area Ratio) of 6. The property is connected to the 100-mile Towpath trail and the 20-acre Irishtown Bend public park project and waterfront revitalization. The property is located in an Opportunity Zone. New construction luxury apartment rents in the area range from $2.50 to $3.00 per square foot. The property is located on a bluff with views of downtown Cleveland and is connected to the Ohio City and Tremont neighborhoods. Ownership has a Phase 1 and ALTA Survey available for prospective buyers review, with signed Confidentiality Agreement.
Location Intelligence
Current Use by Public Records
Epic Steel
Professional Services
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6956985
- Latitude
- 41.4874458
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 3.82-acre development site in Cleveland's urban core neighborhoods.
Where is this commercial land located?
The property is located at 2041 West 17Th St Cleveland, OH.
What are key features of this property?
This property features: - Located in an Opportunity Zone within an explosive development market with over $1B in redevelopment.; - Overlay district allows for multifamily development up to 175' high with a FAR of 6.; - Positioned in the heart of Cleveland's urban core renaissance, adjacent to the transformational Thunderbird development and within walking distance of luxury apartment complexes.
