1923 Willey Ave - Commercial LAND FOR SALE


Cleveland, OH 44113- Tremont43,560 SF
$695,000 USD
440-655-5472
1923 Willey Ave, Cleveland, OH for Sale
$695,000 USD
Commercial LAND - FOR SALE
1/4
43,560 SF

1923 Willey Ave
Cleveland, OH 44113
Tremont


HIGHLIGHTS

  • Within an Opportunity Zone, 100% Tax Abatement (grandfathered pre-2024), 1-acre site in Duck Island, between Tremont & Ohio City
  • Modern design, strong rental demand, walkable urban location, and attractive long-term tax benefits.
  • A rare chance to control a fully entitled urban infill project in one of Cleveland’s fastest-evolving neighborhoods— build it yourself
  • Build it yourself and capture the upside, or acquire it turnkey and cash-flow immediately.
  • Walkable to restaurants, transit, and Cleveland’s top cultural hubs.
  • Boutique scale with strong rentability and minimal competition.

OVERVIEW

MODERN LIVING IN DUCK ISLAND 21-Unit Boutique Apartment Development Opportunity PROJECT FOR SALE This offering presents a rare opportunity to acquire a fully entitled multifamily development in one of Cleveland’s most desirable neighborhoods. The project is currently unfinished and available at two pricing stages. Prime Location: Duck Island Situated on a 1-acre site between Tremont and Ohio City, the development lies within an Opportunity Zone and benefits from a grandfathered 100% tax abatement under pre-2024 City of Cleveland regulations. Investment Highlights Rare infill site in a high-demand rental market Strong long-term tax advantages Modern boutique design with efficient 1BR layouts Walkable to dining, entertainment, and transit

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/ACRE

$695,000/AC

PRICE/SF

$16 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Cooper Flats

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

1 AC

LAND SF

43,560 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

004-04-035

ASK ABOUT THIS PROPERTY

Ruset PatrascuPhoenix9 Realty, Inc.More Info
440-655-5472

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Ruset PatrascuPhoenix9 Realty, Inc.More Info
440-655-5472

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