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INVESTMENT HIGHLIGHTS
- Campus District
- Growth Location: CSU Master Plan Area
- I-90 Visibility
EXECUTIVE SUMMARY
Student Housing Conversion: This 65,000 SF building, is located in a high growth area surrounding CSU Campus District, this redevelopment opportunity is within Cleveland State University’s Master Plan to capture student growth, with expected enrollment of 20,000 students in 2024.
https://www.csuohio.edu/architect/csu-master-plan
High visibility location, with immediate access to I-90.
Located within the Opportunity Zone, built in 1921, this historic brick warehouse building has potential eligibility for Historic Preservation and/or New Market Tax Credits.
Ideal for residential or mixed-use conversion.
Includes property at 1764 E 27th Street, Cleveland.
https://www.csuohio.edu/architect/csu-master-plan
High visibility location, with immediate access to I-90.
Located within the Opportunity Zone, built in 1921, this historic brick warehouse building has potential eligibility for Historic Preservation and/or New Market Tax Credits.
Ideal for residential or mixed-use conversion.
Includes property at 1764 E 27th Street, Cleveland.
PROPERTY FACTS
| Price | $1,900,000 | No. Stories | 4 |
| Price Per SF | $29.15 | Year Built | 1921 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.15/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 1.00 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 65,188 SF | Opportunity Zone |
Yes
|
| Zoning | SI-C4 - Semi-Industry | ||
| Price | $1,900,000 |
| Price Per SF | $29.15 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 65,188 SF |
| No. Stories | 4 |
| Year Built | 1921 |
| Tenancy | Single |
| Parking Ratio | 0.15/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | SI-C4 - Semi-Industry |
AMENITIES
- Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $109,970 | |
| Land Assessment | $45,430 | Total Assessment | $155,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$45,430
Improvements Assessment
$109,970
Total Assessment
$155,400
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