917-282-1927
925 Euclid Ave, Cleveland, OH for Sale
Office - FOR SALE
1/11
null | Request Cap Rate

925 Euclid Ave
Cleveland, OH 44115
Playhouse Square


HIGHLIGHTS

  • Gordon Brothers has been engaged by John K. Lane of Inglewood Associates, LLC, the court appointed receiver for the 1.45MM SF property at
  • at 925 Euclid Avenue in Cleveland, Ohio which is known as The Centennial and formerly as The 925 Building, Union Trust Building,
  • and The Huntington Building. A commercial foreclosure action has been filed by Deutsche Bank against HH Cleveland Huntington, LP
  • Certain developer tax credits are available along with the redevelopment opportunity, which include:
  • • Transformational Mixed-Use Development (TMUD) which is an Ohio tax credit designed to support large-scale, "transformational" construction projects
  • Historic tax credits (HTCs) provided for historic structures & Brownfield tax credits which are for the cleanup and redevelopment of contaminate.

OVERVIEW

Gordon Brothers has been engaged by John K. Lane of Inglewood Associates, LLC, the court appointed receiver for the 1.45MM SF property at 925 Euclid Avenue in Cleveland, Ohio which is known as The Centennial and formerly as The 925 Building, Union Trust Building, and The Huntington Building. A commercial foreclosure action has been filed by Deutsche Bank against HH Cleveland Huntington, LP.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Centennial - Receiver Sale

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

22

BUILDING CLASS

B

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

1100

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

GR

APN/PARCEL ID

101-36-013

ASK ABOUT THIS PROPERTY

James AvalloneGordon BrothersMore Info
917-282-1927

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James AvalloneGordon BrothersMore Info
917-282-1927

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