Industrial Property for Sale in Cleveland, OH

  • Price: $1M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44115
  • Size: 16,125 SF

Description

Desirable location with upside for an owner/user, featuring a 9,000 SF vacancy that can be re-tenanted or used for personal operations. Ideally situated near major developments in Cleveland, including the Irishtown Bend Project, Bedrock’s transformation of Tower City and the Riverfront, and the ongoing growth of the Tremont and Ohio City neighborhoods.

Market Context

This industrial in Cleveland, OH is listed for sale at $1,048,125 across 16,125 SF ($65/SF). It has been on the market for 144 days. Compare it against other industrial listings for sale in Cleveland, OH — <a href="/search/sale/industrial/ohio/cleveland">view the full market</a>.

As of Q1 2026, the Cleveland industrial market showed a 8.8% vacancy rate, and cap rates around 10.5%. Source: Consensus Q1 2026 market report.

Industrial market FAQ

What is the typical cap rate for industrial in Cleveland?
About 10.5% as of Q1 2026, per Consensus.
Is the Cleveland industrial market tightening or softening?
Vacancy is around 8.8% (Q1 2026).

Unified Estimate

Very Low Confidence

$42.50/SF – $57.50/SF

Mid: $50.00/SF

Total estimate for 16,125 SF: $806,250

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

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market minneapolis (similarity: 99%) with 4 comparable listings.

Contact

Explore this market

Similar Industrial Property for Sale in Cleveland, OH