Lakeland Tower

For Sale

25400 Euclid Avenue, Euclid, OH 44117

This Euclid property for sale is located at 25400 Euclid Avenue. The current listed sale price for Lakeland Tower is $4,788,000. Lakeland Tower is situated on a lot that is 2.71 acre in size.

Contacts

broker
Gregory B. West

Hanna Commercial Real Estate

broker
Austin Pay

Hanna Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 97,920 SF
  • Units 126
  • Lot Size 2.71 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 4, 2024
  • Lakeland Tower stands as an impressive high-rise multifamily property in the heart of Euclid. With 126 units across seven stories, this property offers immediate scale and value in a dynamic rental market.
  • Built for Scale: 126 units under one roof with significant operational efficiencies.
  • Prime Location: Near local transit, retail, and dining options with easy access to downtown Cleveland.
  • Opportunity for Growth: Strong potential for rent increases with capital improvements.
  • Attractive Price: $38,000 per unit – well below market value.
  • Income Potential: Ideal for value-add investors seeking strong cash flow and appreciation.
  • Market Momentum: Situated in a growing rental market with high demand for affordable housing.
  • Proximity: Adjacent to 25450 & 25454 Euclid Avenue, creating synergy for buyers looking to expand their local holdings.
  • Accessibility: Convenient access to I-90, Cleveland Clinic, University Circle, and downtown Cleveland.
  • Population Growth: A vibrant community with increasing demand for multifamily housing.
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Getting around

  • 51/100

    Walk Score ®

  • 40/100

    Transit Score ®

  • 18/100

    Bike Score ®

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Location

  • City Euclid, OH
  • Neighborhood Euclid
  • Zip Code 44117
  • Market Cleveland Akron

Points of Interest

  • Stokes-Windermere Station

    5.52 miles

  • Superior

    6.13 miles

  • Coventry

    8.06 miles

  • Warrensville–Van Aken

    8.33 miles

  • Buckeye–Woodhill

    9.12 miles

  • Lake Shore Live Steamers

    9.17 miles

  • East 79th

    9.73 miles

  • Marathon

    0.73 miles

  • Sunoco

    0.74 miles

  • BP

    0.83 miles

  • Shell

    1.25 miles

  • Speedway

    1.31 miles

  • Leviton

    2.47 miles

  • ChargePoint

    4.31 miles

  • Tesla Destination Charger

    4.31 miles

  • eVgo

    5.43 miles

  • A. B. Williams parking lot

    4.24 miles

  • Horse Trailer Parking

    4.60 miles

  • Wilson Mills Trailhead

    5.08 miles

  • Colony Square

    5.17 miles

  • Notre Dame River

    5.32 miles

  • Hyatt Place Parking Garage

    5.52 miles

  • Temple on the Heights Parking

    5.71 miles

  • Hillcrest Hospital Parking Garage

    5.73 miles

  • Recreation Center parking

    5.79 miles

  • La Place at Beachwood Place - Garage Parking

    5.81 miles

  • Fairbridge Hotel

    1.30 miles

  • Econo Lodge Wickliffe - Cleveland East

    1.48 miles

  • Quality Inn Wickliffe

    1.50 miles

  • Courtyard

    3.89 miles

  • Holiday Inn

    4.29 miles

  • Noble Motel

    4.50 miles

  • Town House Motel

    4.56 miles

  • Four Points

    5.08 miles

  • Comfort Inn Mayfield Heights Cleveland East

    5.19 miles

  • Mc Call's Motor Inn

    5.21 miles

  • Simon's Supermarket

    0.26 miles

  • Marc's

    0.94 miles

  • Save-A-Lot

    0.96 miles

  • Burlington

    1.92 miles

  • Dave's Market

    2.00 miles

  • ALDI

    2.04 miles

  • Highland Food Mart

    2.16 miles

  • SweetBerry Fresh Market

    3.01 miles

  • Big Lots

    3.99 miles

  • Kohl's

    4.00 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Lakeland Tower