4545 College RdSouth Euclid, OH 44121

For Sale

48-Acre Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 48-acre campus in South Euclid, Ohio, presents a unique investment opportunity. The property comprises 14 buildings, including five dormitories, a former high school, and an athletic center. Originally built in 1928, the campus features a mix of building styles, including the English Tudor Gothic-style administration building, listed on the National Register of Historic Places. Other notable structures include the Regina Complex (classrooms, offices, gym, auditorium) and the Keller Center (gymnasium, weight room, 25-yard pool). Extensive outdoor amenities include three athletic fields, a softball diamond, beach volleyball courts, a community garden, and a greenhouse. The property boasts ample parking and is situated in a picturesque, wooded area with mature landscaping. Its prime location offers easy access to Interstates 271 and 480, placing it within 20 minutes of Downtown Cleveland and Cuyahoga Valley National Park. Nearby amenities include Legacy Village Mall, University Square Mall, Mayfield Sand Ridge Club, and numerous national retailers. The surrounding area exhibits strong demographics, high traffic counts, and a low housing inventory, making this a compelling investment for developers and investors seeking a large-scale redevelopment project with diverse potential uses, including residential, educational, and medical. The property's size, historic charm, and adaptable buildings offer a rare opportunity for significant returns. The substantial population within a 5-mile radius (over 281,156, with projected annual growth) further enhances the investment potential.

Highlights

  • 48-acre campus with 14 buildings in South Euclid, OH.
  • Property includes five dormitories, a former high school, and athletic center.
  • Located in a desirable suburb, offering redevelopment potential for mixed-use projects including residential, educational, and medical uses.
  • Features a National Register of Historic Places-listed building and various amenities including athletic fields, a pool, and ample parking.
  • Excellent location with easy access to I-271 and I-480, near retail hubs and amenities.

Location Insight

City
South Euclid
County
Cuyahoga
State
Ohio
Latitude
41.5073738
Longitude
-81.5166967
4545 College Rd, South Euclid, Ohio

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4545 College Rd
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