21500 Saint Clair Ave Euclid, OH 44117
- Warehouses
- 52,278 SF
- 3.07 lot acres
Current Use by Public Records
- Warehouses
Property Details for 21500 Saint Clair Ave
- Year built
- 1918
- Lot size
- 3.07 lot acres
- Property size
- 52,278 SF
- Zone code
- U6
- Property type
- Warehouses
- APN
- 646-10-005
- APU
- 64610005
Description
This exceptional Euclid, OH industrial property presents a unique redevelopment opportunity. The single-story building boasts a substantial 52,278 square feet of space situated on a generous 3.06-acre lot. Previously used for industrial purposes, the building has been completely gutted, providing a blank canvas for a new industrial project. Extensive groundwork for redevelopment has already been completed. A comprehensive asbestos survey has been conducted, and abatement cost estimates are available to the buyer. These quotes will be provided as part of the sale, allowing the buyer to work directly with the vendors involved. Importantly, restrictive covenants are in place, limiting future use to industrial purposes only. To ensure transparency and facilitate a smooth transaction, the seller has included Ohio EPA Closure Reports and a property survey in the supplementary documentation. This property offers significant potential for an investor or developer seeking a large-scale industrial project in a prime Euclid location. The existing groundwork and readily available documentation streamline the redevelopment process, minimizing potential delays and uncertainties. The substantial size of the building and lot provides ample space for a variety of industrial applications. This is a rare opportunity to acquire a well-positioned industrial property with a clear path to redevelopment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Euclid
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5308
- Latitude
- 41.5829
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
