12408 Euclid Ave - Storefront Retail/Residential FOR SALE


Cleveland, OH 44106- University Circle
$800,000 USD
216-839-2029
12408 Euclid Ave, Cleveland, OH for Sale
$800,000 USD
Storefront Retail/Residential - FOR SALE
1/5
null | Request Cap Rate

12408 Euclid Ave
Cleveland, OH 44106
University Circle


HIGHLIGHTS

  • For Sale: University Circle Development Opportunity
  • Located in one of the most vibrant neighborhoods in Cleveland, Ohio
  • Zoned S1-C2

OVERVIEW

Prime Euclid Ave. redevelopment site adjacent to University Circle that currently features mixed use (apts/retail) and warehouse totaling 22,054 SF • 0.87 acres in the CircleEast investment area, with plans for over 200 new homes • Located in an Opportunity Zone • Existing mixed-use and industrial buildings - repurpose or remove for new development • Flexible zoning: SI-C2 Semi-Industry • Excellent transit access on the Euclid Ave. Healthline • Immediate proximity to University Hospitals, Cleveland Clinic and Case Western Reserve University

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$36 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,280 SF

ZONING

S1-C2

APN/PARCEL ID

120-33-001,672-13-007

ASK ABOUT THIS PROPERTY

Julie SabroffHanna Commercial Real EstateMore Info
216-839-2029

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Julie SabroffHanna Commercial Real EstateMore Info
216-839-2029

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