Property summary
This exceptional mixed-use property in Cleveland's vibrant Flats neighborhood presents a unique owner-user and/or redevelopment opportunity. The offering encompasses three buildings totaling 27,094 square feet on a 0.55-acre lot. One building, a completely renovated 6,676 square foot single-story office space, boasts a modern design and is ready for immediate occupancy. A second building offers a first-floor open garage/warehouse space and an unfinished second floor, connected to the renovated office building. The third building, a three-story structure, is in raw condition, ideal for adaptive reuse or new construction. The property includes approximately 16 on-site parking spaces and is conveniently located across from a large paid parking lot. Built in 1852 and renovated in 2015, this property benefits from its location within an Opportunity Zone and potential eligibility for Historic Tax Credits. Complete construction drawings and permit-ready plans for a 45-unit apartment development are available, offering a turnkey redevelopment option. The property's prime location is just 0.3 miles from Bedrock's $3.5 billion Cuyahoga Riverfront Master Plan, featuring the Cleveland Cavaliers and Cleveland Clinic Global Peak Performance Center. The property's three separate addresses are 1720, 1730, and 1736 Columbus Road, Cleveland, Ohio 44113. The asking price is $2,350,000. APN numbers are 10117023 and 10117024.
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