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Multifamily Redevelopment Land
For Sale
$5,000,000

9300 Wade Park, Cleveland, OH 44106

Preapproved for multifamily redevelopment with access to several prominent Cleveland institutions and medical campuses.

Property SizeContact for details
Days on Market37

Property Features for 9300 Wade Park

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Cleveland
Listed By: Jeremy Bates
Source: Colliers
Added: Jul 30 Changed: Sep 3 Last Checked: Sep 4 at 2:09AM

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 Cleveland

Investment Insights

Based on property information with market context.

The former Martin Luther King Plaza property comprises 4.45 acres of commercial land available for redevelopment. The site is preapproved for multifamily redevelopment, providing a defined redevelopment framework for the property.

The Cleveland site is located near University Circle, Cleveland Botanical Garden, Cleveland Clinic Main Campus, Louis Stokes Cleveland VA Medical Center, and the Case Western Reserve Campus. Its setting among recognized educational, medical, cultural, and institutional destinations supports consideration for multifamily redevelopment.

Key Highlights

  • 4.45‑acre commercial land site available for redevelopment
  • Preapproved for multifamily redevelopment
  • Former Martin Luther King Plaza property

Property Analytics

Current Use

Washington & Co Insurance ... Insurance Agency Martin Luther King ... Business Service Center Oasis Wholesale Big Box & Wholesale Store Mobile Zone Mobile Phone Store

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center

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

884
Businesses Nearby

Demographics for 44106, OH

26,608
Population
13,287
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
6,188
Density / Sq Mi
$42,869
Median Household Income
$27,056
Median Earnings
$1,024
Median Rent
$241,600
Median Home Value

Market

Vacancy Rate% for Retail in Cleveland, OH

5.6% 2019
8.5% 2020
7.2% 2021
6.9% 2022
6.7% 2023
6.9% 2024
7.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Preapproved for multifamily redevelopment with access to several prominent Cleveland institutions and medical campuses.
Where is this commercial land located?
The property is located at 9300 Wade Park Cleveland, OH.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 4.45‑acre commercial land site available for redevelopment; Preapproved for multifamily redevelopment; Former Martin Luther King Plaza property
More about this property
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