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    2206 Superior Via Cleveland, OH 44113

    For Sale
    $1,235,000

    Cleveland Flats West Bank: Mixed-Use Potential

    Property size:
    22,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 22,500 square foot mixed-use/multifamily property, located at 2206 Superior Viaduct in Cleveland, Ohio (zip code 44113), presents a compelling redevelopment opportunity. Situated on a 0.167-acre lot in the vibrant Cleveland Flats West Bank, this brick and beam building boasts incredible views of the city and the Cuyahoga River. Its prime location offers easy access to Ohio City's bustling amenities, including the West Side Market, and is surrounded by numerous new developments. The property is currently listed at $1,235,000 and is ideal for investors seeking a multi-tenant redevelopment project. The building's character and location provide a unique opportunity to create a high-demand residential or mixed-use space. Note that an adjacent parcel is also available for purchase, offering potential for expansion. This is a rare chance to capitalize on the ongoing revitalization of the Flats West Bank and create a landmark property in a thriving urban setting. The property's multi-tenant nature offers flexibility for various development plans. This is a truly unique opportunity for a discerning investor.

    Property Features for 2206 Superior Via

    General Information

    Property type
    Multifamily properties
    Square Feet
    22,500 SF
    Lot Size
    7,275 SF

    HighLights

    • Fantastic city views.
    • Redevelopment opportunity in the Flats West Bank.
    • Prime location near Downtown Cleveland.
    • Surrounded by new developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Studio 14 Productions Recording Studio Remix Studios Recording Studio Recording Connection Audio ... Music School Skin by Shay Beauty Salon NeseyRenee LLC Consultant

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Restaurant Clothing Store Daycare Center Building Supply Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7057132
    Latitude
    41.4934275

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    FAQs

    What type of property is this?
    Multifamily property - Cleveland Flats West Bank: Mixed-Use Potential
    Where is this multifamily property located?
    The property is located at 2206 Superior Via Cleveland, OH.
    What is the asking price?
    The asking price for this property is $1,235,000.
    What are key features of this property?
    This property features: Fantastic city views.; Redevelopment opportunity in the Flats West Bank.; Prime location near Downtown Cleveland.
    Request Owner's contact information
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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
    2206 Superior Via Cleveland, OH 44113
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