Vision Sales Team

1780 E 89th Street

Cleveland , OH 44106

MLS#: 5156748

$350,000

Status: Active
Listing number: 5156748
Listing provided by: Keller Williams Citywide
Listing agent phone: None
Last update: 5 days ago
Browse Properties
James W Stewarts Sub - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

N/A

Introducing an exceptional value-add opportunity in Cleveland’s emerging E. 89th Street corridor. Walking distance to 2 of Cleveland's Premier Hospitals and University Circle Area. Solid brick, eight-unit building (14,540 sq ft) sits on a double lot and comes fully permit-ready for an approved 16-unit expansion—plans crafted by LDA Architects and variances already in hand. Why Investors Are Taking Notice: Shovel-Ready Upside: City-approved architectural drawings and zoning variances mean you can break ground almost immediately. Strong Cash-Flow Potential: The stabilized 16-unit project carries a recent appraisal near $3.6 million. Attractive Incentives: Low-interest city loans, extended state historic credits and anticipated federal credits, plus a 15-year tax abatement, all bolster your return. Land Assembly: Includes the neighboring parcel, with the option to secure a third lot for additional parking. Prime Location: Convenient to downtown Cleveland, major highways, and growing retail corridors—ideal for attracting long-term tenants. Don’t miss this rare turnkey development play. Detailed financials, full plans, and incentive summaries available upon request. Serious inquiries only—schedule your site tour today.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Hot Water, Steam

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Driveway, Paved

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.3407

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $350,000

  • Tax Amount

    6391.98

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Cielo McClain , Keller Williams Citywide

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Agent JeffHelfrich

AGENT

JeffHelfrich

Call Jeff today to schedule a private showing.

(330) 557-2951

JeffHelfrich@VisionSalesTeam.com


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Introducing an exceptional value-add opportunity in Cleveland’s emerging E. 89th Street corridor. Walking distance to 2 of Cleveland's Premier Hospitals and University Circle Area. Solid brick, eight-unit building (14,540 sq ft) sits on a double lot and comes fully permit-ready for an approved 16-unit expansion—plans crafted by LDA Architects and variances already in hand. Why Investors Are Taking Notice: Shovel-Ready Upside: City-approved architectural drawings and zoning variances mean you can break ground almost immediately. Strong Cash-Flow Potential: The stabilized 16-unit project carries a recent appraisal near $3.6 million. Attractive Incentives: Low-interest city loans, extended state historic credits and anticipated federal credits, plus a 15-year tax abatement, all bolster your return. Land Assembly: Includes the neighboring parcel, with the option to secure a third lot for additional parking. Prime Location: Convenient to downtown Cleveland, major highways, and growing retail corridors—ideal for attracting long-term tenants. Don’t miss this rare turnkey development play. Detailed financials, full plans, and incentive summaries available upon request. Serious inquiries only—schedule your site tour today.

1780 E 89th Street

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