East 39th Street Industrial Portfolio 2 Industrial Properties Offered at $1,400,000 in Cleveland, OH

eXp Commercial is pleased to present the opportunity to acquire two industrial properties at 1405 and 1457 E. 39th Street in Cleveland, Ohio. The buildings are offered together as a single portfolio representing a rare chance to acquire contiguous industrial assets in Cleveland’s established Midtown industrial corridor.
The portfolio totals approximately 26,418 SF across two masonry buildings on a combined 1.70-acre site, located in the Midtown industrial submarket The properties have been used as an established elevator fabrication operation for many years, and the existing fabrication setup — including in-place cranes, multi-voltage power, and shop infrastructure — remains in place. Ownership has invested over $160,000 in recent capital improvements. The current operating business, Architectural Products Development, Inc. (APD), is sold separately from the real estate.
1457 E. 39th Street is a 17,018 SF masonry/concrete-block industrial building built in 1962 on approximately 0.60 acres (26,136 SF) in Cleveland’s Midtown industrial submarket. Zoned Industrial, the property features 20’ clear height, two 14’ W x 14’ H drive-in doors, one 12’ x 10’ exterior dock door with leveler, and a fenced lot with outdoor storage yard.
The building has been used as an elevator fabrication operation for many years; the existing fabrication setup is in place, including the 2,500 lb. crane, multi-voltage / multi-amperage electrical service, gas service, and a heated shop with heated & air conditioned office. Recent capital improvements include a new TPO roof system (2025), replaced dock doors, two new shop heaters (2025), and serviced office HVAC (2025).
1405 E. 39th Street is a 9,400 SF masonry/concrete-block industrial building constructed approximately 1931 on 1.10 acres (47,916 SF) in Cleveland’s Midtown industrial submarket. Zoned SI (Special Industrial), the property features 18’ clear height, two 14’ W x 14’ H drive-in doors, a sealed concrete slab floor, and a fenced lot with outdoor storage yard.
The building has been used as an elevator fabrication operation for many years; the fabrication setup is in place, including two in-place cranes — a 2-ton and a 5-ton — supporting heavy-load fabrication and manufacturing use. Recent capital improvements include a new TPO roof and insulation system (2025, approx. 3,400 SF), a replaced shop heater (2025), exterior painting (2023), and electrical upgrades completed prior to current ownership.
With 1.10 acres of land — nearly twice the lot of 1457 — the site offers significant outdoor storage capacity and yard flexibility for an owner-user requiring laydown, equipment staging, or fleet parking. Multi-voltage /multi-amperage electrical service, gas service, and a heated shop with heated & air-conditioned office round out the building.