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5218 Detroit AVE Cleveland, OH 44102
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Key Details
Sold Price $965,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,687 sqft
Price per Sqft $125
Subdivision Stone
MLS Listing ID 4369690
Sold Date 02/21/23
HOA Y/N No
Abv Grd Liv Area 7,687
Year Built 1920
Annual Tax Amount $7,671
Lot Size 0.333 Acres
Acres 0.3333
Property Sub-Type Commercial
Property Description
Another outstanding development opportunity in Cleveland's HOTTEST markets-Detroit Shoreway. This 7,600+ sqft single story building on 1/3 acre with 110' of frontage on Detroit is poised to add value to the most dynamic and popular neighborhood in Cleveland. Current zoning is LR-C2. Possibilities are truly endless. Ideal to repurpose into restaurant, entertainment, retail and flex space with parking and patio options in place. Add a second story (60' height potential)?? Apartments?? or possible ground up new construction. Retiring owner is looking for a qualified buyer to take this three generation property into the future and create something special for the neighborhood. NOTE: Current use is a kitchen cabinet showroom, warehouse and shop area along with a basement under the original house building. The warehouse/shop was an addition built in 1962 on a slab.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 003-10-080
Financing Cash
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Bought with Chris M Matan • EXP Realty, LLC.
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