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Elgin Furniture 5217 Broadway Ave 52,650 SF Industrial Building Cleveland, OH 44127 $2,232,295 CAD ($42.40 CAD/SF)
Investment Highlights
- Close Proximity to I-77 and I-490
- Excellent Access Directly to Downtown Cleveland
Executive Summary
Rare One Acre - Cleveland Urban Core Redevelopment Opportunity. Site Assembled .86 Acre and .15 Acre Redevelopment Opportunity. Comprised of Six (6) Site-Assembled Parcels, Zoned Local Retail Business (LR-C2). Adjacent to NRP Group’s new 5115 The Rising—88 brand new affordable apartment and town home units. Direct Access to $350M Opportunity Corridor, 10 Minutes to Cleveland Clinic (CCF) and University Circle via Opportunity Corridor.
Property Facts
| Price | $2,232,295 CAD | Rentable Building Area | 52,650 SF |
| Price Per SF | $42.40 CAD | No. Stories | 3 |
| Sale Type | Investment | Year Built | 1908 |
| Sale Condition | Redevelopment Project | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.09/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 10’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.20 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | GR | ||
| Price | $2,232,295 CAD |
| Price Per SF | $42.40 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.20 AC |
| Rentable Building Area | 52,650 SF |
| No. Stories | 3 |
| Year Built | 1908 |
| Tenancy | Single |
| Parking Ratio | 0.09/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | GR |
Amenities
- Property Manager on Site
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,793 CAD | |
| Land Assessment | $11,119 CAD | Total Assessment | $15,912 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$11,119 CAD
Improvements Assessment
$4,793 CAD
Total Assessment
$15,912 CAD
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Elgin Furniture | 5217 Broadway Ave
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