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$ 2,400,000
Est. payment | /mo
4.95 Acres Lot
$ 2,400,000
Est. payment | /mo
4.95 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Hiram Stones Add
MLS Listing ID 5234386
HOA Y/N No
Year Built 1890
Annual Tax Amount $22,110
Tax Year 2023
Lot Size 4.946 Acres
Acres 4.946
Property Sub-Type Industrial
Property Description
RARE ~5-ACRE URBAN INDUSTRIAL REDEVELOPMENT OPPORTUNITY NEAR DOWNTOWN CLEVELAND. 3400 Vega Avenue, the historic former Leisy Brewing Co. property, offers approximately 5 acres with more than 100,000 SF of existing industrial improvements in Cleveland's near-west-side corridor. The property's General Industry zoning creates exceptional flexibility for industrial, manufacturing and commercial users and positions the site for advanced manufacturing, urban flex, technology, logistics/distribution, contractor operations, innovation campus or other permitted nonresidential uses.
Located minutes from Downtown Cleveland with convenient access to I-90, I-490, I-71 and I-77, the property offers a rare combination of urban scale, highway connectivity and redevelopment potential. Existing historic industrial character provides an adaptive-reuse opportunity, while ownership has also explored demolition and site preparation strategies that could allow a buyer to approach the property as a larger redevelopment or land-control opportunity.
Significant environmental due diligence has already been completed, including an NFA Letter and updated Phase I, available to qualified purchasers for review. Professional redevelopment concepts and additional property materials are also available.
Ideal for an advanced manufacturer, industrial owner-user, developer, value-add investor, contractor, regional operator or strategic buyer seeking control of a substantial Cleveland infill site. Longer-term redevelopment concepts may also include mixed-use or residential components subject to rezoning and governmental approvals. Buyer to independently verify zoning, intended use, building condition, environmental matters, redevelopment feasibility and all governmental requirements.
Located minutes from Downtown Cleveland with convenient access to I-90, I-490, I-71 and I-77, the property offers a rare combination of urban scale, highway connectivity and redevelopment potential. Existing historic industrial character provides an adaptive-reuse opportunity, while ownership has also explored demolition and site preparation strategies that could allow a buyer to approach the property as a larger redevelopment or land-control opportunity.
Significant environmental due diligence has already been completed, including an NFA Letter and updated Phase I, available to qualified purchasers for review. Professional redevelopment concepts and additional property materials are also available.
Ideal for an advanced manufacturer, industrial owner-user, developer, value-add investor, contractor, regional operator or strategic buyer seeking control of a substantial Cleveland infill site. Longer-term redevelopment concepts may also include mixed-use or residential components subject to rezoning and governmental approvals. Buyer to independently verify zoning, intended use, building condition, environmental matters, redevelopment feasibility and all governmental requirements.
Location
State OH
County Cuyahoga
Interior
Heating None
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 007-19-107
Special Listing Condition Standard
Listed by Jarrod M James • ERA Real Solutions Realty • rainsnap1@aol.com, 440-832-1500
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