$1 Auction – Former Hough Bakery | 3.14 Acres |… — Sale in Cleveland, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Cleveland, OH 44112

Photos

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Description

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3390/land/cleveland/oh Brokered by Cushman & Wakefield | CRESCO Real Estate, Marcus & Millichap and powered by RealINSIGHT Marketplace, 1519 Lakeview Road in Cleveland, Ohio is a ±3.14-acre redevelopment opportunity positioned near University Circle. The Property offers access to major institutional and employment anchors including Case Western Reserve University, Cleveland Clinic Main Campus, University Hospitals, and Wade Oval’s cultural institutions. The site is well suited for student housing and could benefit from multiple available tax credit programs, subject to eligibility. The surrounding five-mile area includes approximately 293,191 residents, 154,856 employees, and 13,281 businesses, supporting strong housing and commercial demand. Investment Highlights: • ABSOLUTE $1 AUCTION | Former Hough Bakery | 3.14 Acres | Cleveland OH | AUCTION OCTOBER 5-7 • ±3.14-Acre University Circle Opportunity - Large infill parcel offers redevelopment potential near Cleveland's premier institutional district. • Steps from Major Medical & Academic Anchors - Case Western Reserve, Cleveland Clinic, and University Hospitals support year-round demand nearby. • Strong Fit for Student Housing Development - Ideal site for residences serving nearby universities and medical users. • Multiple Tax Credit Programs Available - Potential incentives may enhance project economics, subject to eligibility and buyer due diligence. • Dense Five-Mile Population and Workforce - Trade area includes 293,191 residents, 154,856 employees, and 13,281 businesses nearby.

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