2550 Riverbed StCleveland, OH 44113

For Sale

$9,950,000

Prime 4.52-acre commercial land

Property records and analytics

Overview

Added:: Dec 11, 2024
Days on market:: 92

This exceptional 4.52-acre commercial land parcel, located at 2550 Riverbed St, Cleveland, OH 44113, presents a unique investment opportunity in Cuyahoga County. The property, identified by APN numbers 003-05-020, 003-05-013, and 003-05-014, offers significant waterfront development potential. Priced at $9,950,000 ($2,200,000 per acre), this site is situated in a dominant location, representing one of the most prestigious development opportunities within the city. Its highest and best use could encompass residential, commercial, mixed-use, or recreational development. The property's prime location benefits from Cleveland's recent surge in development, with over $320 million invested in downtown projects in 2020 alone, including significant residential, recreational, office, and hotel renovations. This presents a compelling opportunity to capitalize on Cleveland's ongoing revitalization and create a landmark development. The site's size and waterfront access offer unparalleled flexibility for a wide range of development concepts. Serious inquiries are encouraged.

Highlights

$9,950,000 asking price.
4.52-acre commercial land parcel.
$2,200,000 per acre land value.
Located at 2550 Riverbed St, Cleveland, OH 44113 (APN: 003-05-020, 003-05-013, 003-05-014).
Prime waterfront development site suitable for residential, commercial, mixed-use, or recreational development.

Property Details for 2550 Riverbed St

Property type: Other land, Land
Lot Size (sq. ft): 196,891 SF

Location Insight

City: Cleveland
County: Cuyahoga
State: Ohio
Latitude: 41.487543
Longitude: -81.7004592

2550 Riverbed St, Cleveland, Ohio

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