4910 Detroit Ave - Auto Dealership FOR SALE


Cleveland, OH 44102- Gordon Square Arts District
$2,000,000 USD
4910 Detroit Ave, Cleveland, OH for Sale
$2,000,000 USD
Auto Dealership - FOR SALE
1/15
null | Request Cap Rate

4910 Detroit Ave
Cleveland, OH 44102
Gordon Square Arts District


HIGHLIGHTS

  • Ideally located near Battery Park, Gordon Square, and Ohio City.
  • Three of Cleveland's most sought-after neighborhoods.
  • Brimming with exciting new development, restaurants, shops, bars, and nightlife.
  • Easy access to major highways, just minutes from Downtown Cleveland.
  • Close proximity to renowned hospitals make this property an ideal choice for new development.

OVERVIEW

RARE LAND for Sale in the Detroit Shoreway area! - 4910 Detroit and 5004 Detroit! Six different parcels on almost an acre of land right next to the cornering 2 parcels on .16 acres (4901 Tillman Ave/1370 W 49th- separate owners and sale). This amount of space with Lake views is extremely hard to come by in this location- what a rarity! This exceptional property is ideally located near Battery Park, Gordon Square, and Ohio City- three of Cleveland's most sought-after neighborhoods, brimming with exciting new development, restaurants, shops, bars, and nightlife. Zoned residential retail. Build townhomes, condos, or store fronts with apartments. Generally allowing up to 60 ft of build up in this zoning, gives lake view potential a one-of-a-kind opportunity. Edgewater bike path access is located directly at the end of West 49th where these parcels have frontage. Current newer condos/townhomes are selling 650k-1.1M each within a mile. These are generally a permissible use in the Local Retail Zoning District and require Conditional Use approval in the Pedestrian Retail Overlay. A Conditional Use approval is also required for Townhouses in Two-Family & One-Family Residential Zoning Districts** Buyers to do own due diligence in speaking with the city for confirmation of information but can still contact agent for more details on conversations with city planner and building allowance with supporting docs. Easy access to major highways, just minutes from Downtown Cleveland, and close proximity to renowned hospitals make this property an ideal choice for new development. There is an immense amount of adult professionals in this area with need for updated housing. On the desirable west side of Cleveland, this property offers not only convenience but an unbeatable location in one of the city's fastest-growing areas. Don't miss your chance to own a piece of this vibrant neighborhood with limitless potential. Contact us today for more details!

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$1,667 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

RARE LAND for Sale in the Detroit Shoreway

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,290 SF

ZONING

LR C2

APN/PARCEL ID

003-10-090,003-10-091,003-10-092,003-10-093,003-10-094,003-10-095

ASK ABOUT THIS PROPERTY

Matt ChaseKeller WilliamsMore Info

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