2630 Payne Avenue
Industrial | 65,188 SF
Marketing description
Student Housing Conversion: This 65,000 SF building, is located in a high growth area surrounding CSU Campus District, this redevelopment opportunity is within Cleveland State University’s Master Plan to capture student growth, with expected enrollment of 20,000 students in 2024.
https://www.csuohio.edu/architect/csu-master-plan
High visibility location, with immediate access to I-90.
Located within the Opportunity Zone, built in 1921, this historic brick warehouse building has potential eligibility for Historic Preservation and/or New Market Tax Credits.
Ideal for residential or mixed-use conversion.
Includes property at 1764 E 27th Street, Cleveland.
Investment highlights
■ Campus District
■ I-90 Visibility
■ Growth Location: CSU Master Plan Area
■ 4 Floors, 16’ Ceiling Height
■ Passenger & Freight Elevator
■ On-Site Parking With Additional Land/Lot Included
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