CBRE Cleveland is pleased to present the exclusive listing of West 73rd Apartments Development Site (“The Property”) for sale to qualified investors/developers. Measuring a total of 1.78 acres in the highly affluent Gordon Square/Detroit Shoreway sub-market, this presents a rare opportunity for a developer to acquire a fully-entitled multifamily development site in one of the hottest growth markets in Cleveland.
With its prime location, along with a 15-year, 100% real estate tax abatement, this provides an attractive opportunity for a developer to acquire one of the last remaining land parcels in this high-barriers-to-entry location.
This fully entitled Class A development is designed with 2 identical buildings - North & South - each rising 5 stories with 97 luxury units comprised of 1 and 2 bedroom units.