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892 Callendar Blvd 68,639 SF Industrial Building Painesville, OH 44077 $5,619,729 ($81.87/SF) 7% Cap Rate



Investment Highlights
- HIGH-INCOME, URBAN INFILL LOCATION
- CLOSE PROXIMITY TO CLEVELAND’S INDUSTRIAL HUB
- POSITIVE RENT GROWTH $393,382 INPLACE NOI
- 4 5-TON CRANES, 4 DOCKS & LEVELERS & 3 DRIVE-INS
- MAJOR MIDWEST TRANSPORTATION NETWORKS
Executive Summary
DWG Capital Group is pleased to present 892 Callendar Blvd, Painesville, Ohio, a ±68,639 SF industrial manufacturing and warehouse facility located within the Cleveland MSA and positioned in the Northeast Ohio manufacturing and logistics corridor. The property presents an excellent opportunity for an owner/user, industrial operator, or investor to acquire a high-infrastructure industrial asset with immediate access to I-90 and strong connectivity to Cleveland, Pittsburgh, Columbus, Detroit, and other major Midwest markets. The building includes four 5-ton cranes, heavy 480V 3-phase power, 25’ clear height, four dock doors with levelers, and three drive-in doors, making it ideal for precision manufacturing, CNC machining, metal fabrication, aerospace suppliers, automotive suppliers, industrial assembly, equipment manufacturing, warehousing, and distribution uses. Situated on ±6.73 acres with I-1 industrial zoning, the property offers excess land area, outdoor storage potential, and long-term operational flexibility in a supply-constrained industrial market. As Cleveland continues to experience low industrial vacancy, rent growth, and durable demand for functional manufacturing and warehouse facilities, 892 Callendar Blvd offers a compelling owner/user or investment opportunity in one of the Midwest’s most important industrial regions.
Property Facts
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 68,639 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 68,639 SF | Industrial | - | Now |
1st Floor
| Size |
| 68,639 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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892 Callendar Blvd
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