Elgin Furniture | 5217 Broadway Ave
52,650 SF | Industrial Building | Cleveland, OH 44127 | $1,625,000 ($30.86/SF)
Justin Campbell
216-801-3599
Elgin Furniture | 5217 Broadway Ave.
$1,625,000
52,650 SF | Industrial Building | Cleveland, OH 44127 | $1,625,000 ($30.86/SF)
Rare One Acre - Cleveland Urban Core Redevelopment Opportunity. Site Assembled .86 Acre and .15 Acre Redevelopment Opportunity. Comprised of Six (6) Site-Assembled Parcels, Zoned Local Retail Business (LR-C2). Adjacent to NRP Group’s new 5115 The Rising—88 brand new affordable apartment and town home units. Direct Access to $350M Opportunity Corridor, 10 Minutes to Cleveland Clinic (CCF) and University Circle via Opportunity Corridor.
Property Facts:
Price: $1,625,000
Rentable Building Area: 52,650 SF
Price Per SF: $30.86
No. Stories: 3
Sale Type: Investment
Year Built: 1908
Sale Condition: Redevelopment Project
Tenancy: Single
Property Type: Industrial
Parking Ratio: 0.09/1,000 SF
Property Subtype: Manufacturing
Clear Ceiling Height: 10’
Building Class: C
No. Dock-High Doors/Loading: 2
Lot Size: 1.20 AC
No. Drive In / Grade-Level Doors: 3
Zoning: GR
Property Manager on Site
Property Taxes
Parcel Numbers: Multiple
Improvements Assessment: $3,500
Land Assessment: $8,120
Total Assessment: $11,620