Office in Cleveland, OH — Sale in Cleveland, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Cleveland, OH 44115

Description

The only Class A Office Building in Playhouse Square Asking Rates: $23.00 / SF Number of Floors: 16 (plus lower level) Year Built: 1989 Parking: Attached 400+ car parking garage connected by covered walkway Building Area: 262,352 RSF Floor Size: 12,249 RSF – 22,260 RSF

Market Context

This office in Cleveland, OH is listed for sale. It has been on the market for 196 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).

Estimated Market Rate

$54.70/SF – $66.33/SF

Mid: $64.35/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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