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12408 Euclid Ave
Cleveland, OH 44106
Redevelopment Opportunity · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- For Sale: University Circle Development Opportunity
- Zoned S1-C2
- Located in one of the most vibrant neighborhoods in Cleveland, Ohio
EXECUTIVE SUMMARY
Prime Euclid Ave. redevelopment site adjacent to University Circle that currently features mixed use (apts/retail) and warehouse totaling 22,054 SF
• 0.87 acres in the CircleEast investment area, with plans for over 200 new homes
• Located in an Opportunity Zone
• Existing mixed-use and industrial buildings - repurpose or remove for new development
• Flexible zoning: SI-C2 Semi-Industry
• Excellent transit access on the Euclid Ave. Healthline
• Immediate proximity to University Hospitals, Cleveland Clinic and Case Western Reserve University
• 0.87 acres in the CircleEast investment area, with plans for over 200 new homes
• Located in an Opportunity Zone
• Existing mixed-use and industrial buildings - repurpose or remove for new development
• Flexible zoning: SI-C2 Semi-Industry
• Excellent transit access on the Euclid Ave. Healthline
• Immediate proximity to University Hospitals, Cleveland Clinic and Case Western Reserve University
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
22,054 SF
Building Class
C
Year Built
1908
Price
$1,100,496 CAD
Price Per SF
$49.90 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.88 AC
Opportunity Zone
Yes
Zoning
S1-C2 - Semi Industry - Commercial
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $33,904 CAD | |
| Land Assessment | $37,295 CAD | Total Assessment | $71,199 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$37,295 CAD
Improvements Assessment
$33,904 CAD
Total Assessment
$71,199 CAD
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