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323-341 Eddy Rd 146,101 SF 84% Leased Industrial Building Cleveland, OH 44108 $2,634,482 ($18.03/SF)
Executive Summary
Multi-tenant investment opportunity zoned General Industrial, allowing for a wide variety of industrial uses including heavy manufacturing, assembly, distribution, outdoor storage, and warehousing. Conveniently located at the I-90 and Eddy Road interchange exits, just seconds from downtown Cleveland and minutes from Cleveland’s East side neighborhoods and businesses. Offers investment upside by bringing rental rates up to market and converting lease terms to NNN instead of Gross. Potential for an owner-user opportunity.
Property Facts Under Contract
| Price | $2,634,482 | Rentable Building Area | 146,101 SF |
| Price Per SF | $18.03 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1918/1958 |
| Property Type | Industrial | Parking Ratio | 0.34/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 24’ |
| Building Class | C | No. Dock-High Doors/Loading | 8 |
| Lot Size | 6.53 AC | No. Drive In / Grade-Level Doors | 8 |
| Zoning | GI - General Industrial | ||
| Price | $2,634,482 |
| Price Per SF | $18.03 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 6.53 AC |
| Rentable Building Area | 146,101 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1918/1958 |
| Parking Ratio | 0.34/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | GI - General Industrial |
Amenities
- Fenced Lot
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl - 200
- 22,742 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 200 | 22,742 SF | Industrial | - | Now |
1st Fl - 200
| Size |
| 22,742 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 111-19-004 | Improvements Assessment | $215,845 |
| Land Assessment | $99,155 | Total Assessment | $315,000 |
Property Taxes
Parcel Number
111-19-004
Land Assessment
$99,155
Improvements Assessment
$215,845
Total Assessment
$315,000
Contacts
-
Eliot Kijewski -
George Pofok -
Ryan Curtin -
Cushman & Wakefield | CRESCO Real Estate
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323-341 Eddy Rd
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