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W 9th St & Saint Clair Ave Immeuble de 91 927 pi² • Spécialité • À vendre • Cleveland, OH 44113
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Prime 2.27-acre site in Cleveland’s urban core.
- ~350 surface parking spaces with income potential.
RÉSUMÉ DE L'ANNONCE
Positioned at the intersection of W. 9th Street and St. Clair Avenue in Cleveland’s thriving urban core, this 2.27-acre site presents a rare opportunity for visionary developers or passive investors. With approximately 350 surface parking spaces already in place, the property offers immediate income potential and operational flexibility. Zoned LLR-D5 for limited retail business, the site is ideally suited for large-scale commercial or mixed-use development.
Strategically located next to the new Sherwin-Williams Global Headquarters and Bedrock’s upcoming Rock Block project, the parcels benefit from unmatched adjacency to transformative investments. The surrounding Warehouse District and Flats East Bank are walkable hubs of dining, retail, hospitality, and residential vibrancy, drawing consistent foot traffic from locals, office workers, and tourists alike.
Financial projections underscore the site’s value: $1.1M in annual revenue for 2025, growing to $1.3M in 2026, with NOI expected to reach $650K–$700K by 2027. With Sherwin-Williams returning to full in-office operations by January 2026 and controlling only 920 parking spaces for 3,100 employees, demand for parking and ancillary services is poised to surge. Value-add opportunities include daily/hourly parking, valet services, and self-operation.
This generational asset offers both immediate cash flow and long-term development upside in one of Cleveland’s most dynamic districts.
Strategically located next to the new Sherwin-Williams Global Headquarters and Bedrock’s upcoming Rock Block project, the parcels benefit from unmatched adjacency to transformative investments. The surrounding Warehouse District and Flats East Bank are walkable hubs of dining, retail, hospitality, and residential vibrancy, drawing consistent foot traffic from locals, office workers, and tourists alike.
Financial projections underscore the site’s value: $1.1M in annual revenue for 2025, growing to $1.3M in 2026, with NOI expected to reach $650K–$700K by 2027. With Sherwin-Williams returning to full in-office operations by January 2026 and controlling only 920 parking spaces for 3,100 employees, demand for parking and ancillary services is poised to surge. Value-add opportunities include daily/hourly parking, valet services, and self-operation.
This generational asset offers both immediate cash flow and long-term development upside in one of Cleveland’s most dynamic districts.
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du bâtiment | 91 927 pi² |
| Type de propriété | Spécialité | Nombre d’étages | 1 |
| Sous-type de propriété | Parc de stationnement | Année de construction | 1900 |
| Classe d’immeuble | C | Ratio de stationnement | 3,81/1 000 pi² |
| Taille du lot | 2,32 AC | Zone de développement économique |
Oui
|
| Zonage | N/Av, East Cleveland | ||
| Type de vente | Investissement |
| Type de propriété | Spécialité |
| Sous-type de propriété | Parc de stationnement |
| Classe d’immeuble | C |
| Taille du lot | 2,32 AC |
| Taille du bâtiment | 91 927 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1900 |
| Ratio de stationnement | 3,81/1 000 pi² |
| Zone de développement économique |
Oui |
| Zonage | N/Av, East Cleveland |
1 1
Walk Score®
Un paradis pour un marcheur (90)
Transit Score®
Excellent transport en commun (80)
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 33 116 $ CAD | |
| Évaluation du terrain | 4 389 976 $ CAD | Évaluation totale | 4 423 092 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
4 389 976 $ CAD
Évaluation des bâtiments
33 116 $ CAD
Évaluation totale
4 423 092 $ CAD
CONTACTS
-
Rico Pietro -
Robby Martinelli -
Kirsten Paratore -
Cushman & Wakefield | CRESCO Real Estate
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W 9th St & Saint Clair Ave
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