$1,500,000 - 8 Bedroom, 22500 sq ft - Retirement / Development CLE / OWC (Los Angeles)
California
Posted on 2026-03-03
Description
Former Retirement Community for Sale – Prime Riverbank Location
Overview
This is a unique investment opportunity for a 50-unit former retirement community located along the riverbank between Cleveland and Columbus, Ohio. The property spans 22,500 square feet and offers significant potential for conversion into apartments, a hotel, or live/work artist spaces. An owner will carry option with highly favorable terms is available.
---Property Features
- 50 units with numerous bathrooms
- Several ADA-compliant rooms
- Ample parking available
- Prime riverbank location
- Total area: 22,500 square feet
- High potential for adaptive reuse
Investment & Financing
- Property is being sold as a conversion/development opportunity.
- Potential uses include apartments, a hotel, or live/work spaces.
- Owner will carry financing option available with terms superior to traditional bank financing.
Location
California