5400 Chester Ave - 5400 Chester Ave, Cleveland, OH 44103
For Sale
For Sale
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Year Built
1968
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Overview
Commercial/industrial development opportunity in Midtown/Cleveland, on the 3rd busiest intersection in the city, Chester and E. 55th, boasting a traffic count of about 50,000 vehicles daily, according to a 2016 traffic survey. The combined acreage of the available parcels is about .84, great for many uses, such as free standing retail, strip centers, or perhaps even office space. Zoning varies by parcel, but includes commercial and industrial uses. Just minutes to the Play House Square Theater District, Downtown Cleveland, freeways (I-90, I-77, I-71, Rt-2), Cleveland Clinic, University Hospital, Cleveland State University, Case Western, Midtown Tech Center, PNC, 1 block from Euclid Ave and the new Free Health Line Transit System, across the street from a 22-story high-rise, close to a new state-of-the-art police station, and around the corner from the new Super Dave's and University Hospital's Women's Clinic to be completed in 2018. $4000/mo tenant income. Additional $375 income from billboard rental.
Property Details
Commercial/industrial development opportunity in Midtown/Cleveland, on the 3rd busiest intersection in the city, Chester and E. 55th, boasting a traffic count of about 50,000 vehicles daily, according to a 2016 traffic survey. The combined acreage of the available parcels is about .84, great for many uses, such as free standing retail, strip centers, or perhaps even office space. Zoning varies by parcel, but includes commercial and industrial uses. Just minutes to the Play House Square Theater District, Downtown Cleveland, freeways (I-90, I-77, I-71, Rt-2), Cleveland Clinic, University Hospital, Cleveland State University, Case Western, Midtown Tech Center, PNC, 1 block from Euclid Ave and the new Free Health Line Transit System, across the street from a 22-story high-rise, close to a new state-of-the-art police station, and around the corner from the new Super Dave's and University Hospital's Women's Clinic to be completed in 2018. $4000/mo tenant income. Additional $375 income from billboard rental.
- Property TypeOffice
- Submarket
- Year Built1968
- Sale Price$565,000
- Total Acres0.84
- Property ID2034150
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