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1923 Willey Ave - Cooper Flats Lot • Terrain commercial • 1 Acre • 957 230 $ CAD • Cleveland, OH 44113



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Within an Opportunity Zone, 100% Tax Abatement (grandfathered pre-2024), 1-acre site in Duck Island, between Tremont & Ohio City
- A rare chance to control a fully entitled urban infill project in one of Cleveland’s fastest-evolving neighborhoods— build it yourself
- Walkable to restaurants, transit, and Cleveland’s top cultural hubs.
- Modern design, strong rental demand, walkable urban location, and attractive long-term tax benefits.
- Build it yourself and capture the upside, or acquire it turnkey and cash-flow immediately.
- Boutique scale with strong rentability and minimal competition.
RÉSUMÉ DE L'ANNONCE
21-Unit Boutique Apartment Development Opportunity
PROJECT FOR SALE
This offering presents a rare opportunity to acquire a fully entitled multifamily development in one of Cleveland’s most desirable neighborhoods. The project is currently unfinished and available at two pricing stages.
Prime Location: Duck Island
Situated on a 1-acre site between Tremont and Ohio City, the development lies within an Opportunity Zone and benefits from a grandfathered 100% tax abatement under pre-2024 City of Cleveland regulations.
Investment Highlights
Rare infill site in a high-demand rental market
Strong long-term tax advantages
Modern boutique design with efficient 1BR layouts
Walkable to dining, entertainment, and transit
FAITS SUR LA PROPRIÉTÉ
| Prix | 957 230 $ CAD | Sous-type de propriété | Terrain commercial |
| Type de vente | Investissement | Utilisation proposée | Unités d’appartements |
| Nombre de lots | 1 | Taille totale du lot | 1,00 AC |
| Type de propriété | Terrain | Zone de développement économique |
Oui
|
| Prix | 957 230 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Unités d’appartements |
| Taille totale du lot | 1,00 AC |
| Zone de développement économique |
Oui |
1 LOT DISPONIBLE
Lot
| Prix | 957 230 $ CAD | Taille du lot | 1,00 AC |
| Prix par AC | 957 230,48 $ CAD |
| Prix | 957 230 $ CAD |
| Prix par AC | 957 230,48 $ CAD |
| Taille du lot | 1,00 AC |
Situated on a 1-acre site between Tremont and Ohio City, the development lies within an Opportunity Zone and benefits from a grandfathered 100% tax abatement under pre-2024 City of Cleveland regulations. Please call the agent for more details.
DESCRIPTION
PROJECT FOR SALE: a fully entitled multifamily development The project is currently unfinished and is available at two pricing stages: • $695,000 — Current Stage (Unfinished) Acquire the project as-is, including: Fully entitled plans Completed design review & zoning approvals Completed geotechnical & Phase I environmental assessments Completed site clearing, partial grading, and tree removal Final building permits are pending with the City of Cleveland • $4,200,000 — Completed Project ( building finalized but not leased out ) Turnkey delivery of a finished, stabilized apartment community: 21 One-Bedroom Apartments (603–649 SF) 22 Surface Parking Spaces 3-Story Wood Frame Building (Type VB) 14,625 SF Total Conditioned Space 13,103 SF Gross Leasable Area Private outdoor porches for 6 out of 7 first-floor units 9’ ceilings in areas outside soffits
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1923 Willey Ave - Cooper Flats
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