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The 925 Building - Receiver Sale 925 Euclid Ave Bureau 134 709 m² Immeuble 4 étoiles À vendre Cleveland, OH 44115
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Located in Cleveland’s Central Business District (CBD) and Opportunity Zone, supporting Transformational Mixed-Use Development (TMUD).
- Certain developer tax credits are currently available along with the redevelopment opportunity.
- Grand, historic banking hall - the largest bank lobby in the world.
- Rare opportunity to acquire a generational, irreplaceable downtown asset with substantial scale.
- Well-suited for large-scale civic, commercial, or mixed-use uses. One of Cleveland’s most architecturally significant structures.
- Excellent access to public transit, major employment centers, cultural, and entertainment destinations.
Résumé analytique
Gordon Brothers has been engaged by John K. Lane of Inglewood Associates, LLC, the court-appointed receiver, for the disposition of the property formerly known as “The 925 Building”. A federal court order has appointed and authorized Gordon Brothers to act as the Receiver’s exclusive real estate sales and advisory agent. The receivership arises from a commercial foreclosure action filed by Deutsche Bank against HH Cleveland Huntington, LP.
This is a significant mixed-use redevelopment opportunity in a historic building with a rich past, offering the flexibility to incorporate a variety of uses, including hotel, dormitory, retail, residential, office, data center, and self-storage. Located on the signalized corner of East 9th Street and Euclid.
One of the standout features of this opportunity is the availability of developer tax credits, which presents an appealing incentive for buyers. These include:
-Transformational Mixed-Use Development (TMUD), which is an Ohio tax credit designed to support large-scale, "transformational" construction projects that blend residential, commercial, and retail uses.
-Historic tax credits (HTCs) provided for historic structures.
-Brownfield tax credits, which are for the cleanup and redevelopment of contaminated or underutilized industrial/commercial properties, providing the developer with tax deductions for remediation costs or credits for site improvements.
This is a significant mixed-use redevelopment opportunity in a historic building with a rich past, offering the flexibility to incorporate a variety of uses, including hotel, dormitory, retail, residential, office, data center, and self-storage. Located on the signalized corner of East 9th Street and Euclid.
One of the standout features of this opportunity is the availability of developer tax credits, which presents an appealing incentive for buyers. These include:
-Transformational Mixed-Use Development (TMUD), which is an Ohio tax credit designed to support large-scale, "transformational" construction projects that blend residential, commercial, and retail uses.
-Historic tax credits (HTCs) provided for historic structures.
-Brownfield tax credits, which are for the cleanup and redevelopment of contaminated or underutilized industrial/commercial properties, providing the developer with tax deductions for remediation costs or credits for site improvements.
Informations sur l’immeuble
Type de vente
Propriétaire occupant
Conditions de vente
Type de bien
Bureau
Surface de l’immeuble
134 709 m²
Classe d’immeuble
B
Classement LoopNet
4 Étoiles
Année de construction/rénovation
1924/1991
Occupation
Multi
Hauteur du bâtiment
22 étages
Surface type par étage
6 123 m²
Dalle à dalle
3,05 m
Coefficient d’occupation des sols de l’immeuble
18,39
Surface du lot
0,73 ha
Zone de développement économique [USA]
Oui
Zonage
GR
Stationnement
1 100 places (8,17 places par 1 000 m² loué)
Caractéristiques
- Banque
- Installations de conférences
- Property Manager sur place
- Restaurant
1 1
Très praticable à pied
80/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun exceptionnels
90/100
Plutôt praticable en vélo
50/100
Données démographiques
Données démographiques
1 mile
3 mile
5 mile
2020 Population
15 558
77 045
239 490
2025 Population
18 183
79 542
238 427
Croissance démographique 20–25
16,9 %
3,2 %
-0,4 %
2020 foyers
8 230
36 790
109 700
2025 foyers
10 055
38 670
110 130
Croissance des foyers 20–25
22,2 %
5,1 %
0,4 %
Âge moyen
34
37
38
Revenu médian du foyer
54 680 $
41 134 $
40 357 $
Employés de jour
70 038
124 388
283 843
Total des entreprises
4 484
11 049
24 103
Diplôme universitaire et supérieur
48 %
30 %
24 %
Taxes foncières
| Numéro de parcelle | 101-36-013 | Évaluation des aménagements | 3 172 604 € |
| Évaluation du terrain | 3 023 866 € | Évaluation totale | 6 196 470 € |
Taxes foncières
Numéro de parcelle
101-36-013
Évaluation du terrain
3 023 866 €
Évaluation des aménagements
3 172 604 €
Évaluation totale
6 196 470 €
1 sur 26
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
The 925 Building - Receiver Sale | 925 Euclid Ave
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