Investment Highlights
Executive Summary
PRICE REDUCED! This property consists of 4 city parcels including the main building and attached greenspace. The building started life as the Germania Brewery in the late 1800's. Around 1905 it changed to the John Wetterer Brewery and ran as such until prohibition forced the shutdown. In the 1930's the building was revitalized, added to and opened as the Sterling Ice Cream Factory. Thus getting its nick-name from the locals as just "The Ice Cream Factory". The building totals approximately 19,000 sq. ft. and is substantially an all brick and concrete build and is very solid. If using just the first and second floors, it would offer you approximately 12,000 sq. ft. without the added expense of going up into the upper floors. However, the 3rd and 4th floors are completely accessible and hold lots of character. Two roofs were replaced in 2020. The building resides in the newly designated UM or Urban Mix zoning and now can be available for a multitude of uses. Entertainment venue, Restaurant, Office spaces, Residential or simply single use flex/design space are all a potentials. The property resides in the very hot West End market. All of the growth from OTR, Findley Market, FC Stadium projects and the W. McMicken revival is quickly moving this way. This section of Central Ave is designated on the Brewery Districts Master plan as the Germania Brewery District because of this property! The revitalized Western Hills Viaduct will comfortably bring traffic past this property with 22,000 car per day on front facing Central Parkway. The street is not yet designated as Historic. So freedom of development is here for now. Opportunities are nearly endless! https://views.ovalroomgroup.com/v/rNj7Qr4A1Jd copy paste for 360 Hot Spot MapNOTE: Sister property located at 2141 Central Ave also available.
