The Chin Team | Howard Hanna Real Estate

Panoramic Lake and City Views 1235 W 65th St Warehouse

Outstanding development opportunity in Cleveland

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1235 W 65th St, Cleveland, OH 44102

8,311
Sq Ft
$1,920,000
Price
Lot Size: 0.25 acres • Year Built: 1940

Exceptional Development Opportunity with Panoramic Lake & City Views Currently an 8,311 sq ft warehouse, this propertyoffers outstanding potential for visionary development. Enjoy access to Edgewater Park, where you can relax on sandybeaches, explore scenic trails, and take in breathtaking Lake Erie sunsets—all just minutes from your doorstep. Arenowned architect has proposed an innovative concept: constructing twin towers, each with six spacious 2,000 sq ftunits (totaling 12 luxury residences), all elevated above a first-floor garage. The design envisions a shared common areabridging the two buildings, fostering community and maximizing the spectacular vistas. From the second floor up, everyunit would enjoy sweeping, unobstructed views of Lake Erie and the Cleveland skyline—an amenity that promises instantvalue and lasting appeal. At a projected value of $400 per sq ft, this development could realize nearly $9.6MM in finishedvalue, making the $2MM land cost an attractive 20% of the total. Comparable to the acclaimed “The Raye” in ShakerHeights, this site is primed for an iconic project—or let your imagination shape the future here. Unlock the potential of thisrare site and create a landmark development with unmatched views and value.

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Samantha Chin

Samantha Chin

Real Estate Agent

samanthachin@thechinteam.com • 617-290-1591

License #2021008134