1973 E. 55th Street — Sale in Cleveland, OH

  • Price: $450K
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44103
  • Size: 6,000 SF
  • Year built: 1940

Investment Figures

Price per square foot
$75

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Existing automotive shop. Fenced lot. Great signage opportunity. Five (5) drive-in doors. Adjacent to UH Rainbow Ahuja Center for Women & Children. Billboard signage on property.

Market Context

This industrial in Cleveland, OH is listed for sale at $450,000 across 6,000 SF ($75/SF). The building dates to 1940. It has been on the market for 192 days. Compare it against other industrial listings for sale in Cleveland, OH — view the full market.

As of Q1 2026, the Cleveland industrial market showed an 8.8% vacancy rate, and cap rates around 10.5%. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

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

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