Office for Sale in Beachwood, OH

  • Price: $12.8M
  • Listing type: For sale
  • Asset type: Office
  • Location: Beachwood, OH 44122
  • Size: 40,888 SF
  • Year built: 1974

Description

This well-maintained 40,888 square foot office building, previously occupied for outpatient psychiatry, presents an excellent opportunity for an owner-user or investor seeking a strategically located asset in the thriving Chagrin Corridor of Beachwood, Ohio. The building will be delivered vacant, offering flexibility for either single or multi-tenant use. It represents a rare chance for businesses looking to establish a presence in one of Beachwood’s most sought-after commercial corridors.

Market Context

This office in Beachwood, OH is listed for sale at $12,750,000 across 40,888 SF ($312/SF). The building dates to 1974. It has been on the market for 144 days. Compare it against other office listings for sale in Beachwood, OH — <a href="/search/sale/office/ohio/beachwood">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

$22.00/SF – $28.60/SF

Mid: $24.87/SF

Total estimate for 40,888 SF: $1,016,885

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

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