Listing Agency: Hoff & Leigh Fairlawn j***@hoffleigh.com Show Phone

Listed By: Joe Zumpano · License #OH SAL.2015004596

Source: Crexi

Added: Jun 14, 2021 Changed: Aug 15 Last Checked: Aug 14 at 5:57AM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity at the corner of Chester Avenue and E 71st Street, comprising three parcels. The site currently includes a 2,763 square foot residential home, offering potential for multifamily conversion. The location is within the Midtown Mixed-use District. An additional approximately 0.46 acres of development land is available at the corner of Chester Avenue, situated between E 72nd Place and E 73rd Street.

Key Highlights

• Development opportunity at corner of Chester Avenue and E 71st Street
• Includes 3 parcels
• Located in the Midtown Mixed‑use District

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

816

Businesses Nearby

Explore this area Business Placement

Demographics for 44103, OH

14,469

Population

9,479

Households

1.5

Avg Household Size

43

Median Age

12%

College-Educated

78%

High-School Grad

4.1 sq mi

ZIP Area

3,529

Density / Sq Mi

$24,219

Median Household Income

$27,495

Median Earnings

$720

Median Rent

$57,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Land with potential multifamily conversion in Midtown Mixed-use District.

Where is this land located?

The property is located at 1944 E 71St Street Cleveland, OH.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: Development opportunity at corner of Chester Avenue and E 71st Street; Includes 3 parcels; Located in the Midtown Mixed‑use District