Property
$250,0000.34 Acres
For Sale
For Sale
$250,0000.34 Acres
For Sale

1780 E 89th Street, Cleveland, OH 44106 - Cuyahoga County

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Property ID 25776907

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APARTMENT - Cleveland, OH

Introducing an exceptional value-add opportunity in Cleveland's emerging Medical Corridor. Walking distance to 2 of Cleveland's Premier Hospitals and University Circle Area. Solid brick, eight-unit building (14,540 sq ft) sits on a double lotand comes fully permit-ready for an approved 16-unit expansion-plans crafted by LDA Architects and variances already inhand. Why Investors Are Taking Notice: Shovel-Ready Upside: City-approved architectural drawings and zoning variancesmean you can break ground almost immediately. Strong Cash-Flow Potential: The stabilized 16-unit project carries arecent appraisal near $3.6 million. Attractive Incentives: Low-interest city loans, extended state historic credits andanticipated federal credits, plus a 15-year tax abatement, all bolster your return. Land Assembly: Includes the neighboring parcel, with the option to secure a third lot for additional parking. Prime Location: Convenient to downtown Cleveland, major highways, and growing retail corridors-ideal for attracting long-term tenants. Don't miss this rare turnkey development play. Detailed financials, full plans, and incentive summaries available upon request. Serious inquiries only-schedule your site tour today.

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Keller Williams Citywide

License #2018002431

Westlake, OH

(440) 662-3704
Listing provided by
Cielo McClain
Keller Williams Citywide(440) 892-2211
Source: ListHub, MLS# 5176655
Listing status: Active
Listing last updated: December 10, 2025 at 5:55 PM
Listing last checked: December 17, 2025 at 5:30 AM
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Cielo McClain

Keller Williams Citywide
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Cielo McClain

Keller Williams Citywide