2338 Canal Road — Sale in Cleveland, OH

  • Price: $995K
  • Listing type: For sale
  • Asset type: Office
  • Location: Cleveland, OH 44113
  • Size: 46,000 SF

Investment Figures

Price per square foot
$22

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

46,000 SF building for sale or lease. 11,500 SF of beam/brick space per floor. Excellent owner/user opportunity. Fantastic highway access with exceptional building access via I-77 at East 9th Street. Adjacent to Downtown Cleveland — s$3.5 Billion Bedrock Cuyahoga Riverfront Transformation. Close proximity to inexpensive parking. Signage and naming rights available. $15.00/SF base rent.

Market Context

This office in Cleveland, OH is listed for sale at $995,000 across 46,000 SF ($22/SF). It has been on the market for 240 days. Compare it against other office listings for sale in Cleveland, OH — view the full market.

As of Q1 2026, the Cleveland office market showed a 26.9% vacancy rate, and average asking rents near $20.28/SF/yr. Source: multiple brokerage reports, Q1 2026.

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).

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