216-302-4338
11710 Shaker Blvd, Cleveland, OH for Sale
Office - FOR SALE
1/10
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11710 Shaker Blvd
Cleveland, OH 44120
Buckeye-Shaker


HIGHLIGHTS

  • By-right multifamily: zoning counsel opinion in hand; apartments expressly permitted (C.C.O. §337.10(a) with no rezoning and no Planning Commission.
  • Plans convey: 40-unit furnished co-living scheme plus a full one-bedroom conversion set; prior concept penciled.
  • Historic tax-credit pathway: former Shaker Medical Center Hospital; National Register preliminary questionnaire.
  • Delivered vacant: demising walls and finishes removed.
  • RTA Blue and Green Lines at the E. 116th/St. Luke’s station in the Shaker Blvd to Tower City and downtown.
  • Minutes to Cleveland Clinic, University Hospitals and University Circle; Shaker Square Historic District immediately east.

OVERVIEW

The Former Shaker Medical Center Hospital, Delivered Vacant with Plans, Zoning and Tax-Credit Pathway. Excellent for nonprofit, adult or childcare, office, medical, or pursue a clear pathway to residential conversion. Zoning counsel has confirmed in writing that apartments are an expressly permitted use under C.C.O. §337.10(a). No rezoning, and as a renovation, no Planning Commission approval. Two complete architectural conversion sets convey: a 40-unit furnished co-living scheme and a full one-bedroom layout. The structure is hospital-grade: steel frame and concrete, brick, ±6,800 SF floor plates, interiors already cleared to the structure and delivered 100% vacant. Out front, the Blue and Green Line rapid sits in the Shaker Blvd median, a one-seat ride to Tower City. Shaker Square is just east, University Circle minutes north. A National Register questionnaire filed with Ohio SHPO opens the historic tax-credit stack. Call or Text Cole Kroneker (216) 302-4338.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Shaker Medical Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Residance Office

APN/PARCEL ID

129-08-101

ASK ABOUT THIS PROPERTY

Cole KronekerHoff & Leigh Commercial Real EstateMore Info
216-302-4338

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Cole KronekerHoff & Leigh Commercial Real EstateMore Info
216-302-4338

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.