Office for Sale in Cleveland, OH

  • Price: $995K
  • Listing type: For sale
  • Asset type: Office
  • Location: Cleveland, OH 44115
  • Size: 15,463 SF
  • Year built: 1926

Description

15,463 SF. Brick construction in portion of building built in 1926. Block & brick construction in portion of building built in 1960 & 1977. First floor was former Hatton's Deli Restaurant which was expanded in 1960 & 1977. Second floor was used for office. Third floor was used for office or apartments. REDEVELOPMENT OPPORTUNITY - Interior has been gutted and ready for restoration. Parking lot striped for 30 vehicles.

Market Context

This office in Cleveland, OH is listed for sale at $995,000 across 15,463 SF ($64/SF). The building dates to 1926. 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

High Confidence

$45.48/SF – $61.53/SF

Mid: $53.50/SF

Total estimate for 15,463 SF: $827,270

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

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