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.