1963 69Th StCleveland, OH 44103

  • Land
  • 0.36 AC
For Sale
$825,000 View listing

Property Details for 1963 69Th St

Lot size
0.36 AC
Property type
Land

Description

This exceptional 0.361-acre commercial land parcel presents a unique development opportunity in Cleveland's vibrant Midtown neighborhood. Located on E 69th Street, between Chester Avenue and Euclid Avenue, this property boasts a prime location directly behind the newly constructed Tru by Hilton Cleveland Midtown Hotel. The site currently features three existing multifamily structures, offering potential for conversion or redevelopment. This strategic location places the property within the designated Midtown Mixed-Use District, an area experiencing significant growth and investment. The property's designation as an Opportunity Zone further enhances its investment appeal, providing potential tax advantages for qualified investors. This is an ideal site for developers seeking to capitalize on the burgeoning Health-Tech Corridor and the overall revitalization of Cleveland's Midtown. The asking price for this exceptional development opportunity is $825,000. The property's address is 1963 E 69th St, Cleveland, OH 44103, in Cuyahoga County. The site's size and location make it an attractive proposition for a variety of commercial development projects. The existing multifamily buildings offer immediate income potential or a foundation for a larger-scale development. This is a rare chance to acquire a significant land parcel in a rapidly developing area of Cleveland.

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.5053
Longitude
-81.642

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