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$ 765,000
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5.66 Acres Lot
$ 765,000
Est. payment | /mo
5.66 Acres Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Gore
MLS Listing ID 5015688
HOA Y/N No
Annual Tax Amount $12,839
Tax Year 2022
Lot Size 5.660 Acres
Acres 5.66
Property Description
For sale in Eastlake's Marina District! A combination of 11 parcels making up 5.66 acres directly on Lakeshore Blvd in Eastlake. along with 4 single family homes that sit on the lot. Possible future uses include mini storage, marina sales, multifamily, residential townhomes, mobile home park, retail strip center, medical, entertainment/restaurant, single family homes, etc. A copy of the Lakeshore Development District purpose and permitted uses is attached in the MLS listing supplements. This property is primed for development; the area is seeing massive growth with new construction of residential homes in the 700k range directly on the river (6 currently listed for sale, 2 already built). The new Chagrin Tavern on the riverfront is attracting many people to the area and there is a brand new riverfront TIKI BAR named Castaways! All of the (5) yacht clubs on the Chagrin River are at capacity with waiting lists for new members. This is the time to acquire this property that has a multitude of potential uses, splits, etc. This high traffic street serves as a corridor for Eastlake's marina, lakefront, and river attributes. A plat map is included in the photos showing the approximate boundary. The western boundary is the Don Tequila restaurant and the Eastern Boundary is Hartford St. See broker remarks section for a list of parcel numbers included. Although there are 4 single family homes on property, this listing is prime for new development. Please do not disturb the residents.
Location
State OH
County Lake
Interior
Heating None
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Willoughby-Eastlake - 4309
Others
Tax ID 34-A-018-0-00-020-0
Acceptable Financing Cash, Conventional, Contract, 1031 Exchange, Owner Will Carry, Owner May Carry, Private Financing Available
Listing Terms Cash, Conventional, Contract, 1031 Exchange, Owner Will Carry, Owner May Carry, Private Financing Available
Special Listing Condition Standard
Listed by Jeffrey L Brower • Keller Williams Greater Cleveland Northeast • jeffbrower@kw.com 216-280-7035
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Kim Merckle
REALTOR® | Lic# 2001015588