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VIP Building 1361 E 55th St 19,654 SF Vacant Industrial Building Cleveland, OH 44103 $798,000 ($40.60/SF) 10% Cap Rate

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INVESTMENT HIGHLIGHTS

Interior Dock
480 Power

Natural Light in the Warehouse

EXECUTIVE SUMMARY

1361 E 55th for sale. PP#104-12-052 - 19,654 sqft. .77 acres. 1 interior dock, 2 drive-in doors. 3 phase 480 Power. single phase power Fenced in parking lot. 6,000 sqft of office. mezzanine office space and break room not included in the sqft calculations. 15-20 ft ceilings,

1361 E55th floor plan

PROPERTY FACTS

Price	$798,000	Rentable Building Area	19,654 SF
Price Per SF	$40.60	No. Stories	1
Sale Type	Investment or Owner User	Year Built/Renovated	1949/2015
Cap Rate	10%	Parking Ratio	1.53/1,000 SF
Property Type	Industrial	Clear Ceiling Height	21’
Property Subtype	Manufacturing General Retail Auto Dealership General Retail Veterinarian Kennel Industrial Food Processing	No. Dock-High Doors/Loading	1
Building Class	C	No. Drive In / Grade-Level Doors	2
Lot Size	0.77 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	GR-C2, Cleveland

Price	$798,000
Price Per SF	$40.60
Sale Type	Investment or Owner User
Cap Rate	10%
Property Type	Industrial
Property Subtype	Manufacturing General Retail Auto Dealership General Retail Veterinarian Kennel Industrial Food Processing
Building Class	C
Lot Size	0.77 AC
Rentable Building Area	19,654 SF
No. Stories	1
Year Built/Renovated	1949/2015
Parking Ratio	1.53/1,000 SF
Clear Ceiling Height	21’
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	GR-C2, Cleveland

Bus Line

Fenced Lot

Floor Drains

Air Conditioning

Lighting - Metal Halide
Gas - Natural
Water - City
Sewer - City
Heating - Gas

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
CONDITION
AVAILABLE

1st Floor
19,654 SF
Industrial
Partial Build-Out
Now

1361 E 55th St, Cleveland, OH for sale Interior Photo- Image 1 of 8 — Interior Photo

1361 E 55th St, Cleveland, OH for sale Interior Photo- Image 2 of 8 — Interior Photo

1361 E 55th St, Cleveland, OH for sale Interior Photo- Image 3 of 8 — Interior Photo

1361 E 55th St, Cleveland, OH for sale Interior Photo- Image 4 of 8 — Interior Photo

1361 E 55th St, Cleveland, OH for sale Interior Photo- Image 5 of 8 — Interior Photo

1361 E 55th St, Cleveland, OH for sale Interior Photo- Image 6 of 8 — Interior Photo

1361 E 55th St, Cleveland, OH for sale Building Photo- Image 7 of 8 — Building Photo

1361 E 55th St, Cleveland, OH for sale Interior Photo- Image 8 of 8 — Interior Photo

Front office space for lease. private offices. parking across the Street on E 55th. Signage on the building. Potential for warehouse space in the future.

Space	Size	Space Use	Condition	Available
1st Floor	19,654 SF	Industrial	Partial Build-Out	Now

Size

19,654 SF

Space Use

Industrial

Condition

Partial Build-Out

Available

Now

1 of 8

VIDEOS

MATTERPORT 3D EXTERIOR

MATTERPORT 3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1 1

Walk Score®

Very Walkable (71)

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PROPERTY TAXES

Parcel Number	104-12-052	Improvements Assessment	$53,760
Land Assessment	$58,310	Total Assessment	$112,070

PROPERTY TAXES

Parcel Number

104-12-052

Land Assessment

$58,310

Improvements Assessment

$53,760

Total Assessment

$112,070

(216) 469-0030

CONTACT

John Wagner
Green Bridge Real Estate

Listing ID: 35895121
Date on Market: 5/16/2025
Last Updated:
Address: 1361 E 55th St, Cleveland, OH 44103

1 of 8

VIDEOS

MATTERPORT 3D EXTERIOR

MATTERPORT 3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1361 E 55th St, Cleveland, OH for sale Building Photo- Image 1 of 8 — Building Photo

1361 E 55th St, Cleveland, OH for sale Building Photo- Image 2 of 8 — DSC_0617

1361 E 55th St, Cleveland, OH for sale Building Photo- Image 3 of 8 — DSC_0619

1361 E 55th St, Cleveland, OH for sale Building Photo- Image 4 of 8 — 1361 E 55TH warehouse cleaned out 2020

1361 E 55th St, Cleveland, OH for sale Building Photo- Image 5 of 8 — 1361 E 55 warehouse 2020

1361 E 55th St, Cleveland, OH for sale Other- Image 6 of 8 — Other

1361 E 55th St, Cleveland, OH for sale Other- Image 7 of 8 — Other

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