REDEVELOPMENT OPPORTUNITY — Sale in Cleveland, OH

  • Price: $150K
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44103

Description

REDEVELOPMENT OPPORTUNITY + Building Size - 22,130 SF + Land Size - 0.95 acres + Frontage - 165’; North Side of Wade Park Avenue + Zoning - SI-Light Industrial + Year Built/Completed - 1900/1959/1965 + Permanent Parcel Numbers - 106-02-046; 106-02-049 + Clear Height - 12’ to 13’ + Construction - Brick & Concrete Block + 1 - Loading Dock (truck well) + 1 - Drive-in + Excellent access to E 55th and the I-90 exit + A nearly lakefront property situated 1 mile from Lake Erie + Located 1.5 mile from Burke Lakefront Airport

Market Context

This industrial in Cleveland, OH is listed for sale at $150,000. It has been on the market for 195 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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