5200 Harvard Avenue — Sale in Cleveland, OH

  • Price: $920K
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44105
  • Size: 50,068 SF
  • Year built: 1925

Description

5200 Harvard Avenue - 50,068 SF on 3.2 acres. Cushman & Wakefield | CRESCO Real Estate has been retained by ownership as its exclusive advisor in the sale of three (3) 100% leased, industrial assets totaling 322,972 SF centrally located in a well-established industrial sector within the first-ring suburbs of Downtown Cleveland. This location provides excellent connectivity to major interstates, public transportation and a skilled workforce. The primary physical structures consist of masonry construction, are well maintained and feature above standard manufacturing amenities. Additionally, the existing tenants have significant infrastructure investments unique to their individual process.

Market Context

This industrial in Cleveland, OH is listed for sale at $920,000 across 50,068 SF ($18/SF). The building dates to 1925. 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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