Available For Sale - Land

21,780 SF | Show Pricing $

LISTED BY

Sheila Miu
Gerspacher Real Estate Group, 330-722-5002

AVAILABILITY DETAILS

Size
21,780 SF
Price/SF
Show Pricing $
Listing ID
SA547723
Notes
This 2-parcel lot of approximately 0.50 acres of flat land was rezoned to the Multifamily District. This property comes with an entitlement with a $28,000 value of architect work, rezoning the property and engineered drawings. These drawings have maximized the property with a dwelling of 6 units. The frontage of the property is 136' and the depth is 158' and 196'.



Additionally, the City of Berea offers a 15-year, 100% tax abatement on the value of the residential in-fill construction. This project qualifies as such and could be applied for post-construction.



On December 1, 2022 the Berea Planning Commission granted variances, site plan approval and landscaping modifications to build an apartment building at this site. These expired one year after being issued. Buyer would need to go back to the Planning Commission and seek approval for these variances.
Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Sheila Miu, Gerspacher Real Estate Group
BRE# SAL.2022006764