2516-2530 W. 3rd Street — Sale in Cleveland, OH

  • Price: $1M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44115
  • Size: 16,125 SF

Investment Figures

Price per square foot
$65

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

Desirable location with upside for an owner/user, featuring a 9,000 SF vacancy that can be re-tenanted or used for personal operations. Ideally situated near major developments in Cleveland, including the Irishtown Bend Project, Bedrock’s transformation of Tower City and the Riverfront, and the ongoing growth of the Tremont and Ohio City neighborhoods.

Market Context

This industrial in Cleveland, OH is listed for sale at $1,048,125 across 16,125 SF ($65/SF). It has been on the market for 191 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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