Office for Sale in Cleveland, OH

  • Price: $995K
  • Listing type: For sale
  • Asset type: Office
  • Location: Cleveland, OH 44113
  • Size: 304,586 SF

Description

The Rockefeller Building, a 304,586 SF historic property on 1.85 acres at the gateway to Cleveland’s Warehouse District, offers a rare redevelopment opportunity. No longer viable as office space, it is ideally suited for residential or mixed-use conversion. Surrounded by major investments, including the nearby $1 billion Sherwin-Williams HQ, the site supports 237–436 residential units, ground-floor activation, and development on excess land. Flexible options include retail, coworking, amenities, surface or structured parking, and vertical infill. Its prime location offers strong walkability, transit access, and potential for premium rents.

Market Context

This office in Cleveland, OH is listed for sale at $995,000 across 304,586 SF ($3/SF). It has been on the market for 143 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

$18.25/SF – $20.00/SF

Mid: $19.31/SF

Total estimate for 304,586 SF: $5,881,556

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

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