For Sale
$450,000

1944 71St StCleveland, OH 44103

0.36-acre commercial lot, Midtown location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.36-acre commercial land parcel, located at 1944 E 71st Street in Cleveland, Ohio, presents a compelling development opportunity. Situated in the Midtown Mixed-use District, this property boasts 130 feet of frontage on Chester Avenue, offering significant visibility and accessibility. The site is zoned 1F-A / MMUD-2, allowing for a variety of potential uses. Currently, a 2,763 square foot residential home sits on the property, presenting the possibility of multifamily conversion. This hard corner site is further enhanced by its location within an Opportunity Zone and the burgeoning Health-Tech Corridor. The property consists of three parcels and is conveniently located in Cuyahoga County, Ohio, with the zip code 44103. Additionally, there is potential for expansion with approximately 0.46 acres of adjacent development land available at the corner of Chester Avenue between E 72nd Place and E 73rd Street. This presents a unique chance to acquire a strategically positioned property with significant upside potential in a rapidly developing area of Cleveland. The asking price for this remarkable opportunity is $450,000.

Highlights

  • Midtown Cleveland location.
  • 130 feet of frontage on Chester Avenue.
  • Opportunity Zone designation.
  • Situated in the Health-Tech Corridor.
  • Hard corner lot.
  • Existing 2,763 sq ft residential home with multifamily conversion potential.

Property Details for 1944 71St St

Property type
Land
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.505723
Longitude
-81.6398517
1944 71St St, Cleveland, Ohio

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1944 71St St
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