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4910 Detroit Avenue, Cleveland, OH 44102

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For Sale

$2,000,000

0.83 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.8 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

RARE LAND for Sale in the Detroit Shoreway area! - 4910 Detroit and 5004 Detroit! Six different parcels on almost an acre of land right next to the cornering 2 parcels on .16 acres (4901 Tillman Ave/1370 W 49th- separate owners and sale). This amount of space with Lake views is extremely hard to come by in this location- what a rarity! This exceptional property is ideally located near Battery Park, Gordon Square, and Ohio City- three of Cleveland's most sought-after neighborhoods, brimming with exciting new development, restaurants, shops, bars, and nightlife. Zoned residential retail. Build townhomes, condos, or store fronts with apartments. Generally allowing up to 60 ft of build up in this zoning, gives lake view potential a one-of-a-kind opportunity. Edgewater bike path access is located directly at the end of West 49th where these parcels have frontage. Current newer condos/townhomes are selling 650k-1.1M each within a mile. These are generally a permissible use in the Local Retail Zoning District and require Conditional Use approval in the Pedestrian Retail Overlay. A Conditional Use approval is also required for Townhouses in Two-Family & One-Family Residential Zoning Districts** Buyers to do own due diligence in speaking with the city for confirmation of information but can still contact agent for more details on conversations with city planner and building allowance with supporting docs. Easy access to major highways, just minutes from Downtown Cleveland, and close proximity to renowned hospitals make this property an ideal choice for new development. There is an immense amount of adult professionals in this area with need for updated housing. On the desirable west side of Cleveland, this property offers not only convenience but an unbeatable location in one of the city's fastest-growing areas. Don't miss your chance to own a piece of this vibrant neighborhood with limitless potential. Contact us today for more details!
MLS# 5131334

Courtesy Of Greater Cleveland

(216) 839-5500

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.83 Acres

Map and Directions

Directions to 4910 Detroit Avenue, Cleveland, OH 44102

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.