Developer Alert - Ohio City Hot Real Estate included

Listing Number: 022822-811587

Description

Exclusively co-brokered by Transworld Business Advisors of Cleveland Metro and Russell Commercial Advisory Services. Presenting a truly exceptional prospect: an auto repair business paired with its associated real estate, now available in one of Northeast Ohio's most coveted locales. Situated amidst the vibrant pulse of Cleveland's commercial and residential mixed-used real estate market, this unique offering presents an unparalleled chance for developers to embark on a high-caliber construction project, addressing the pressing housing shortage in the area.

Strategically positioned at the nexus of Ohio City and Gordon Square, this property embodies the epitome of a developer's dream. Ohio City, a vibrant neighborhood located just west of downtown Cleveland, Ohio, is celebrated for its historic charm, diverse community, and thriving cultural scene. The area has experienced significant revitalization in recent years, making it an attractive location for commercial development.

Ohio City's appeal as a commercial development opportunity is underscored by several key factors:

Proximity to Downtown: Ohio City's close proximity to downtown Cleveland makes it an ideal location for businesses seeking to tap into the downtown market while still enjoying a slightly more relaxed and community-oriented atmosphere.

Historic Architecture: The neighborhood boasts a wealth of historic architecture, offering unique opportunities for adaptive reuse projects. Old buildings can be transformed into trendy offices, restaurants, or retail spaces, adding to the area's charm and character.

Strong Local Community: Ohio City fosters a strong sense of community, with a diverse mix of residents and businesses creating a dynamic and supportive environment for commercial enterprises.

Emerging Food and Beverage Scene: Ohio City is renowned for its vibrant dining and craft beer scene, drawing visitors and customers to commercial establishments and contributing to the area's vibrancy.

Development Incentives: Cleveland and Ohio City may offer various development incentives and tax breaks to attract businesses and encourage investment in the area, further enhancing the appeal of this opportunity.

Tourism Potential: With its cultural attractions, proximity to downtown, and historic appeal, Ohio City has significant tourism potential, promising increased foot traffic for businesses and further bolstering the area's commercial viability."

Listing Details

• Price: $200,000
• Down Payment: $200,000
• Sellers Discretionary Earnings: $0
• Total Sales: $0
• Location: Cuyahoga County, Ohio


• Inventory: $0
• FF&E: $0
• Employees:
• Reason for Selling: probate sale
• Category: Automotive