3.1 Acres of Industrial Property in the Heart Of Euclid, Ohio

21500 St. Clair Avenue Euclid, OH 44117

21500 St. Clair Avenue, Euclid, OH, 44117
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FOR SALE
Property Type:
Factory
Amount:
$225,000
Last Verified:
Apr 18, 2024

Highlights

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

Description

***Value is in the Land*** 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.

21500 St. Clair Avenue, Euclid, Ohio can be found off SR. 2 in between E. 185th and E. 222nd Street. This property sits on the south side of SR.2 and is only 8 miles east of Cleveland, Ohio.


Year Built: 1918
Building Size: 52278sq ft
Lot Size: 3.07 acres


Documents

Old - Sale Brochure

Map of 21500 St. Clair Avenue, Euclid, OH, 44117

Presented by:
The Osborne Group

Request additional information
Rick Osborne Jr


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.