Office for Sale in Cleveland, OH

  • Price: $995K
  • Listing type: For sale
  • Asset type: Office
  • Location: Cleveland, OH 44114
  • Size: 68,000 SF
  • Year built: 1902

Description

Prime conversion opportunity in downtown Cleveland’s urban core—an existing multi-story structure ideal for redevelopment into residential or mixed-use apartments. Centrally located along Superior Avenue, the property is within walking distance to Playhouse Square, Cleveland State University, and the growing Campus and Warehouse District corridors. With strong architectural bones and original detailing, the building offers authentic historic character that lends itself perfectly to a distinctive, loft-style residential aesthetic. Surrounded by new housing, restaurants, and entertainment developments, the site benefits from strong market fundamentals and continued demand for downtown living in Cleveland.

Market Context

This office in Cleveland, OH is listed for sale at $995,000 across 68,000 SF ($15/SF). The building dates to 1902. It has been on the market for 144 days. Compare it against other office listings for sale in Cleveland, OH — <a href="/search/sale/office/ohio/cleveland">view the full market</a>.

As of Q1 2026, the Cleveland office market showed a 26.9% vacancy rate, and average asking rents near $20.28/SF/yr. Source: Consensus Q1 2026 market report.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Cleveland office market tightening or softening?
Vacancy is around 26.9% (Q1 2026).

Unified Estimate

Medium Confidence

$13.69/SF – $18.53/SF

Mid: $16.11/SF

Total estimate for 68,000 SF: $1,095,480

Rate-first confidence-weighted blend with cost-of-business adjustment.

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