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21500 Saint Clair Ave - Industrial Land in Euclid, Ohio

3.06 Acres of Industrial Land Offered at £136,929 in Euclid, OH 44117

Investment Highlights

  • Development Opportunity
  • All Utilities present along St. Clair
  • Rail Access and Highway Access
  • City of Euclid Incentives Available

Executive Summary

Motivated Seller--One story 52,278 SF of industrial building in Euclid, OH. Old historical industrial property on 3.1 acres of land. Building is gutted. Extensive work has been completed for industrial redevelopment opportunity. Seller has performed asbestos survey on structures and have received abatement cost to have asbestos prior to demolition. Seller will provide all quotes as part of sale and Buyer can work directly with Vendors. Due to the nature of the past industrial use, Restrictive Covenants have been filed on property allowing ONLY industrial uses. Seller has included Ohio EPA Closure Reports and survey in supplements.

Property Facts

Price £136,929
Sale Type Investment or Owner User
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Distribution
  • Hold For Development
Total Lot Size 3.06 AC
Opportunity Zone Yes

1 Lot Available

Lot 1

Price £136,929
Price Per AC £44,748
Lot Size 3.06 AC

Lot includes remnants of a previous manufacturing plant as well as a residential dwelling. All buildings need to be razed at this time. Driveways and parking areas are a mixture of asphalt, concrete, and stone.

Description

Great location to build a new industrial building in the heart of Euclid's industrial resurgence. Located minutes away from Amazon Fulfillment Center, Lincoln Electric World Headquarters, and many other heavy manufacturers. All utilities are present along St. Clair Avenue and property has old historic rail siding. Title report available for review. One story 52,278 SF of industrial building in Euclid, OH. Old historical industrial property on 3.1 acres of land. Building is gutted and needs to be razed or extensively redeveloped. Restrictive Covenants filed on property allowing only industrial uses. Demolition is not part of this sale.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
646-10-005
Land Assessment
£20,790
Improvements Assessment
£305
Total Assessment
£21,095

zoning

Zoning Code Heavy Induustrial
Heavy Induustrial
  • Listing ID: 27769248

  • Date on Market: 16/02/2023

  • Last Updated:

  • Address: 21500 Saint Clair Ave, Euclid, OH 44117

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