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The 925 Building - Receiver Sale 925 Euclid Ave 1 450 000 pi² 4-Étoile Bureau Immeuble Cleveland, OH 44115 À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Located in Cleveland’s Central Business District (CBD) and Opportunity Zone, supporting Transformational Mixed-Use Development (TMUD)
- Certain developer tax credits are currently available along with the redevelopment opportunity
- Grand, historic banking hall - the largest bank lobby in the world
- Rare opportunity to acquire a generational, irreplaceable downtown asset with substantial scale.
- Well-suited for large-scale civic, commercial, or mixed-use uses. One of Cleveland’s most architecturally significant structures.
- Excellent access to public transit, major employment centers, cultural & entertainment destinations.
Résumé de l'annonce
Gordon Brothers has been engaged by John K. Lane of Inglewood Associates, LLC, the court-appointed receiver, for the disposition of the property formerly known as “The 925 Building”. A federal court order has appointed and authorized Gordon Brothers to act as the Receiver’s exclusive real estate sales and advisory agent. The receivership arises from a commercial foreclosure action filed by Deutsche Bank against HH Cleveland Huntington, LP.
This is a significant mixed-use redevelopment opportunity set in a historic building with a rich past, offering the flexibility to incorporate a variety of uses such as hotel, dormitory, retail, residential, office, data center, and self-storage users. Located on the signalized corner of East 9th Street and Euclid.
One of the standout features of this opportunity is the availability of developer tax credits, which presents an appealing incentive for buyers. These include:
-Transformational Mixed-Use Development (TMUD) which is an Ohio tax credit designed to support large-scale, "transformational" construction projects that blend residential, commercial, and retail uses
-Historic tax credits (HTCs) provided for historic structures
-Brownfield tax credits which are for the cleanup and redevelopment of contaminated or underutilized industrial/commercial properties providing the developer with tax deductions for remediation costs or credits for site improvements
This is a significant mixed-use redevelopment opportunity set in a historic building with a rich past, offering the flexibility to incorporate a variety of uses such as hotel, dormitory, retail, residential, office, data center, and self-storage users. Located on the signalized corner of East 9th Street and Euclid.
One of the standout features of this opportunity is the availability of developer tax credits, which presents an appealing incentive for buyers. These include:
-Transformational Mixed-Use Development (TMUD) which is an Ohio tax credit designed to support large-scale, "transformational" construction projects that blend residential, commercial, and retail uses
-Historic tax credits (HTCs) provided for historic structures
-Brownfield tax credits which are for the cleanup and redevelopment of contaminated or underutilized industrial/commercial properties providing the developer with tax deductions for remediation costs or credits for site improvements
Faits sur la propriété
Type de vente
Propriétaire utilisateur
Conditions de vente
Type de propriété
Bureau
Taille du bâtiment
1 450 000 pi²
Classe d’immeuble
B
Tarification de LoopNet
4 Étoiles
Année de construction/rénovation
1924/1991
Location
Multiples
Hauteur du bâtiment
22 étages
Superficie de plancher typique
65 909 pi²
Dalle à dalle
10’
Coefficient d’occupation des sols de l’immeuble
18,39
Taille du lot
1,81 AC
Zone de développement économique
Oui
Zonage
GR
Stationnement
1 100 places (0,76 places par 1 000 pi² loué)
Commodités
- Banque
- Installations de conférences
- Gestionnaire d'immeuble sur place
- Restaurant
Très praticable à pied
80/100
Exceptionnellement facile d’accès en voiture
90/100
Transports en commun exceptionnels
90/100
Plutôt praticable en vélo
50/100
Données démographiques
Données démographiques
1 mille
3 mille
5 mille
2020 Population
15 558
77 045
239 490
2025 Population
18 183
79 542
238 427
Croissance démographique '20-'25
16,9%
3,2%
-0,4%
2020 Ménages
8 230
36 790
109 700
2025 Ménages
10 055
38 670
110 130
Croissance des foyers '20-'25
22,2%
5,1%
0,4%
Âge moyen
34
37
38
Revenu médian par ménage
54 680 $
41 134 $
40 357 $
Employés de jour
70 038
124 388
283 843
Total des entreprises
4 484
11 049
24 103
Diplôme collégial et diplôme supérieur
48%
30%
24%
Valeurs en dollars américains
Impôts fonciers
| Numéro de lot | 101-36-013 | Évaluation des bâtiments | 4 961 960 $ CAD |
| Évaluation du terrain | 4 729 333 $ CAD | Évaluation totale | 9 691 293 $ CAD |
Impôts fonciers
Numéro de lot
101-36-013
Évaluation du terrain
4 729 333 $ CAD
Évaluation des bâtiments
4 961 960 $ CAD
Évaluation totale
9 691 293 $ CAD
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Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Présenté par
The 925 Building - Receiver Sale | 925 Euclid Ave
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