Industrial Property for Sale in Cleveland, OH

  • Price: $2.6M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44108
  • Size: 141,713 SF
  • Year built: 1918

Description

Multi-tenant investment opportunity zoned General Industrial, allowing for a wide variety of industrial uses including heavy manufacturing, assembly, distribution, outdoor storage, and warehousing. Conveniently located at the I-90 and Eddy Road interchange exits, just seconds from downtown Cleveland and minutes from Cleveland’s East side neighborhoods and businesses. Offers investment upside by bringing rental rates up to market and converting lease terms to NNN instead of Gross. Potential for an owner-user opportunity.

Market Context

This industrial in Cleveland, OH is listed for sale at $2,634,482 across 141,713 SF ($19/SF). The building dates to 1918. 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

$13.43/SF – $18.17/SF

Mid: $15.80/SF

Total estimate for 141,713 SF: $2,239,065

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.

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