How is this area of Detroit Shoreway? (Cleveland, Lorain: for sale, real estate)

[Clevelander216]

I'm looking at the area all along W.65th south of Detroit all the way down to Lorain, including all of the side streets (Franklin, Bridge, Wakefield, Madison, ETC). To my understanding, it is a little rough around that area.... I know Detroit Shoreway/Gordon Square in general is on the upswing. I am looking to possibly purchase property around this area. What are your guys' thoughts?


Thanks

[dr_j_planning]

Originally Posted by Clevelander216

I'm looking at the area all along W.65th south of Detroit all the way down to Lorain, including all of the side streets (Franklin, Bridge, Wakefield, Madison, ETC). To my understanding, it is a little rough around that area.... I know Detroit Shoreway/Gordon Square in general is on the upswing. I am looking to possibly purchase property around this area. What are your guys' thoughts?


Thanks

I recommend a conversation with staff at the Detroit Shoreway Community Development Organization (Detroit Shoreway - Detroit Shoreway Homepage). I expect they will tout the neighborhood as a whole, but might be willing to guide you regarding differentials within the neighborhood itself. I would also reach out to Progressive Urban Real Estate (Real Estate in Cleveland, Downtown Cleveland, Cleveland Heights, Tremont, Lakewood, Ohio City, Detroit Shoreway, Warehouse District, University Circle, and Shaker Square). They really know the West Side and can give you a pulse on the market in Detroit Shoreway, particularly that section.

My personal opinion is that the area between West 65th and West 58th streets, south of Bridge Avenue, has been and continues to be the target of several social and development capital infrastructure investments (W 65th Street Rapid Station, EcoVillage, Maggie's Farm, EcoVillage Gateway, Tiny Houses Initiative, St. Colman's Church, Zone Recreation Center). You want to invest in areas where others are putting their own equity to improve the community. These types of investments, broader in scope than individual property owners, add value to location because they generate public benefit that individuals can reap for no additional cost.

[dr_j_planning]

Originally Posted by Clevelander216

I'm looking at the area all along W.65th south of Detroit all the way down to Lorain, including all of the side streets (Franklin, Bridge, Wakefield, Madison, ETC). To my understanding, it is a little rough around that area.... I know Detroit Shoreway/Gordon Square in general is on the upswing. I am looking to possibly purchase property around this area. What are your guys' thoughts?


Thanks

Summer opening eyed for Cleveland Coffee in Ecovillage

[Clevelander216]

Originally Posted by dr_j_planning

Summer opening eyed for Cleveland Coffee in Ecovillage

That's good to see!

[allCLERE]

You have heard right on both counts - that area's a little rough, and it's on the upswing. The area is very walkable, with a Rapid station at 65th and Lorain, and Gordon Square is right there, maybe surpassing Ohio City as an entertainment district. The Ohio City effect is moving west and lifting the whole Detroit Shoreway area. There is a lot of new commercial development along Lorain. There is a great newly rehabbed house for sale right now on Wakefield, just west of 65th. It sold for $6K less than two years ago, and now it's a stunning home, and big! I hope it sparks more projects around it. You should still be able to get a good deal on a house if you have rehabbing in mind.

[Clevelander216]

Originally Posted by allCLERE

You have heard right on both counts - that area's a little rough, and it's on the upswing. The area is very walkable, with a Rapid station at 65th and Lorain, and Gordon Square is right there, maybe surpassing Ohio City as an entertainment district. The Ohio City effect is moving west and lifting the whole Detroit Shoreway area. There is a lot of new commercial development along Lorain. There is a great newly rehabbed house for sale right now on Wakefield, just west of 65th. It sold for $6K less than two years ago, and now it's a stunning home, and big! I hope it sparks more projects around it. You should still be able to get a good deal on a house if you have rehabbing in mind.

Thank you for the input. I have noticed on Realtor.com/Zillow/etc. that there are a few very cheap houses in the area. I'm thinking about possibly trying to snatch one up.