This exceptional 43,489 square foot industrial flex space, situated on a 2-acre lot at 13231 Euclid Avenue in East Cleveland, presents a unique investment opportunity. Built in 1986, the single-story building boasts an impressive 18-foot ceiling height, ideal for various uses. Currently, approximately 25,000 square feet is available for lease, with the possibility of subdividing the space to accommodate specific tenant needs. The property features one loading dock and 200 feet of frontage, ensuring efficient loading and unloading. Its U4 zoning allows for a wide range of potential uses. The property's strategic location at the intersection of Euclid and Superior Avenues offers unparalleled accessibility. It's conveniently located just half a mile from the eastern edge of University Circle, providing proximity to a vibrant urban center. Furthermore, its position between the Healthline and the Red Line rapid transit systems ensures excellent public transportation access for employees and clients. The property's history as the former East Cleveland Adult Activity Center makes it particularly well-suited for workforce development programs or similar organizations seeking open, adaptable space. The APN is 672-08-009. 016 017 021 036. This is a rare opportunity to acquire a versatile industrial property in a prime East Cleveland location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$8,955,090
Hospitality
$8,202,814
Educational
$6,824,646
Medical
$7,059,356
Retail
$10,616,115
Location Insight
City
East Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.5225
Longitude
-81.5921
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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