Jg Bruggemans Sub Real Estate

Jg Bruggemans Sub Real Estate

Welcome to Jg Bruggemans Subdivision, a charming neighborhood located in the heart of Cleveland, Ohio. Situated in Cuyahoga County, this subdivision offers residents a peaceful and close-knit community within the bustling city.

Jg Bruggemans Subdivision is known for its well-maintained homes and tree-lined streets, providing a picturesque setting for families and individuals alike. The neighborhood boasts a variety of architectural styles, ranging from traditional to modern, catering to different preferences and tastes.

One of the highlights of living in Jg Bruggemans Subdivision is its convenient location. Situated in Cleveland, residents have easy access to a range of amenities and attractions. Whether it's shopping at nearby malls, dining at local restaurants, or exploring the vibrant downtown scene, there is always something to do in this thriving city.

For those who enjoy outdoor activities, Jg Bruggemans Subdivision is close to several parks and green spaces. Residents can take advantage of the beautiful surroundings for walking, jogging, or simply enjoying a peaceful afternoon picnic with family and friends.

With its prime location, Jg Bruggemans Subdivision offers excellent transportation links, making it easy to commute to other parts of Cleveland or even neighboring cities. Whether you work in downtown Cleveland or prefer to explore the surrounding areas, this subdivision provides a convenient base for all your needs.

If you're looking for a welcoming community with a great location, Jg Bruggemans Subdivision in Cleveland, Ohio, is the perfect place to call home. With its charming homes and convenient amenities, this neighborhood offers a desirable lifestyle for residents of all ages.

Newest Listings in Jg Bruggemans Sub

$5,990,000
4474323 MLS
Shoreway Realty Group is pleased to offer a 4.288-acre, fee-simple parcel at 5475 North Marginal Road, in Cleveland, Ohio at the junction of Lake Erie and East 55th Street. The property and the project have been granted 15-year, residential tax abatement by the City of Cleveland. This is provided by Cleveland Ordinance 1376-2019 which passed City Council on December 2, 2019. This constitutes 100% tax abatement for all improvements over the tax value of the property when the project gets constructed. In addition, the project and the site have obtained a 30-year tax increment financing. Tax increment financing (“TIF”) which permits the increase in value over the current tax value to be abated for the portion of such real estate taxes that are not payable to the Cleveland Municipal School District for an additional 30 years after the completion of construction. The actual project site includes not only the 4.288-acre parcel of fee-simple land but a 0.4188 parcel of land which was part of the original East 55th Street right-of-way which has since been vacated by the City of Cleveland. The mini park will provide lakeside viewing areas. In the event a purchaser elects not to build a residential project on the site, there will be no residential tax abatement, but the TIF will apply to all commercial activities which would be conducted on the site from year 1 through year 30. The property is zoned general retail -GR.

5455 N Marginal Road, Cleveland

Listing Courtesy of: Kathleen A Bassett, kbassett@shoreway.us With Shoreway Realty Group

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