3300-3694 Lakeside Avenue E — Sale in Cleveland, OH

  • Price: $1.8M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44095
  • Size: 87,171 SF
  • Year built: 1904

Investment Figures

Price per square foot
$21

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

Situated just outside Cleveland’s business district, this prime city block near downtown Cleveland is a rare offering featuring three flex buildings totaling 87,171 SF on 2.57 acres of industrial and office-zoned land. Perfectly suited for light industrial, office, and warehouse use, the structures boast durable split-face block and brick construction, updated roofs (including a new roof on 3400 Lakeside and recent repairs on 3300 Lakeside), significant HVAC enhancements, and targeted infrastructure upgrades. With quick connectivity to I-90, I-77, and I-71, the property is positioned for efficient logistics and commuter access. Currently at 20% occupancy—anchored by a crane company at 3694 Lakeside—it generates income while offering ample space for an owner-user or investor to unlock its full potential. Additional features include a clear height of 11'–20', abundant parking, general industrial zoning, up to three dock doors (with 3400 Lakeside featuring three), two drive-in doors per building, wet sprinklers, fluorescent lighting, overhead gas heat, and rooftop or office air conditioning. Listed at an asking price of $2,000,000, this versatile site presents an exceptional opportunity to acquire a strategically located asset near downtown Cleveland.

Market Context

This industrial in Cleveland, OH is listed for sale at $1,800,000 across 87,171 SF ($21/SF). The building dates to 1904. 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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