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$2,000,000
Est. payment /mo
0.83 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision S S Stones
MLS Listing ID 5131334
HOA Y/N No
Year Built 1950
Annual Tax Amount $17,087
Tax Year 2024
Lot Size 0.834 Acres
Acres 0.834
Property Sub-Type Mixed Use
Property Description
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!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 003-10-090
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Listed by Mathew P Chase • Keller Williams Greater Metropolitan • matt@chasegrouprealestate.com 440-452-2000