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    2101 46Th St Cleveland, OH 44103

    For Sale
    $525,000

    16,194 SF Church, Redevelopment Opportunity

    Property size:
    16,194 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 16,194 square foot church complex presents a unique redevelopment opportunity in Cleveland's vibrant Midtown neighborhood. Built in 1940, this two-story building sits on a 0.282-acre lot and is zoned MF-1, offering considerable flexibility for future use. The property's prime location offers easy access to Downtown Cleveland's central business district, placing it within minutes of a thriving commercial core. Midtown itself boasts a rich history as a center of innovation, and continues to thrive with a diverse blend of businesses, manufacturing facilities, and residential properties. The asking price is $525,000, translating to $32.42 per square foot. The property's address is 2101 E 46th St, Cleveland, OH 44103, and its APN is 103-18-001. This presents a rare chance to acquire a substantial property in a rapidly evolving area with significant potential for future development and substantial return on investment. The building's substantial size and versatile zoning provide a blank canvas for creative redevelopment projects, catering to a wide range of potential uses. This is an opportunity not to be missed for investors seeking a high-impact project in a dynamic urban setting.

    Property Features for 2101 46Th St

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    16,194 SF
    Lot Size
    12,284 SF

    Building Details

    Year Built
    1940
    Stories
    2

    HighLights

    • $525,000 asking price for a 16,194 square foot church complex.
    • Located in Midtown Cleveland, minutes from the central business district.
    • Exceptional redevelopment opportunity in a diverse, historically innovative neighborhood.
    • 1940 construction, two‑story building on a 0.282‑acre lot.
    • Zoned MF‑1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6544052
    Latitude
    41.5005322

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    FAQs

    What type of property is this?
    Church & religious facility - 16,194 SF Church, Redevelopment Opportunity
    Where is this church & religious facility located?
    The property is located at 2101 46Th St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: $525,000 asking price for a 16,194 square foot church complex.; Located in Midtown Cleveland, minutes from the central business district.; Exceptional redevelopment opportunity in a diverse, historically innovative neighborhood.
    Request Owner's contact information
    2101 46Th St Cleveland, OH 44103
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    Cleveland, OH 44103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2101 46Th St Cleveland, OH 44103
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