5311 Franklin Blvd
Cleveland, OH 44102
Ohio City-Gordon Square Franklin Place - Land · Land For Sale · 0.07 AC

A unique opportunity in the Historic Gordon Square Arts District (GSAD) of the Franklin Boulevard Historic Neighborhood—a quaint enclave tucked in-between Ohio City and GSAD. Currently a three-unit multifamily which has drawings and existing plans as a side-by-side townhome of condo with additional land/parcel for covered and/or surface parking with an additional dwelling unit (ADU). Site boasts over 6,500sf with the opportunity to add four-to-five additional units on site along with the currently existing property. Quintessential near west side storefront and apartments currently used as a three unit property. This triple features two units on the east side (an up unit and a down unit) with one bedroom one bath each connected to a two-story store front apartment combination making for an ideal owner occupied suite. The building itself is just over 4000 ft.² with the parcel being wide enough and deep enough for off street parking. The additional adjoining parcel offers many other opportunities for new construction development (ie residential, multifamily, possible mixed-use) and of course additional parking. This property has all of the character and charm of the highly sought-after near west neighborhoods—and an ideal candidate for a Cleveland new construction or remodeling 15-year 100% tax abatement. Two side-by-side residences (condo or fee simple townhome) available for custom renovation—along with an adjoining additional parcel of land. Over 2,200sf each with 2-3 bed layouts and 2 full baths and bonus room opportunities. Located in the heart of Ohio City at the corner of Franklin and West 54th Street. Ohio City offers a wealth of cultural institutions; public, private and charter schools; over 100 non-profit organizations, local restaurants and retail. Ohio City is rated the second most walkable neighborhood in Cleveland, with downtown being named first. A complete urban neighborhood, Ohio City offers everything residents or visitors might need. The influx of new residents combined with the longtime, committed community members has meant continuous growth over the last three years. Known for its diversity, historic housing stock, entrepreneurial spirit, passionate neighbors, and anchors like the West Side Market, Lutheran Hospital and Saint Ignatius High School, Ohio City is Cleveland’s most complete neighborhood.