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Investment Highlights

  • Central Location in Cleveland, Retail location on Harvard, 4 Rollup Doors, Excellent drainage, glass block lighting, upscale offices, 2 bath + Kitchen

Executive Summary

2/3 of building is clean and vacant, 1/3 is leased for $1300/mo

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $412,064 CAD
Price Per SF $46.83 CAD
Sale Type Investment or Owner User
Cap Rate 11.70%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Repair
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 0.60 AC
Rentable Building Area 8,800 SF
No. Stories 1
Year Built/Renovated 1945/2023
Parking Ratio 2.27/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 4
Zoning S1-B3 LIGHT INDUSTRY - Land Use: 3400 - LIGHT MFG / ASSEMBLY Zoning Use: S1-B3 LIGHT INDUSTRY Permissible Uses: (1) Second-hand truck lot; (2) Repair garage for vehicles

Amenities

  • Floor Drains
  • Security System
  • Storage Space
  • Smoke Detector
  • Shower Facilities

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Allen electric
  • Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • eBay seller
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Allen electric Services 99,999 SF - Lorem Ipsum Jan 0000
eBay seller Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 136-12-021
  • 136-12-030
Land Assessment
$14,777 CAD
Improvements Assessment
$84,009 CAD
Total Assessment
$98,786 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40664466

  • Date on Market: 2026-05-26

  • Last Updated:

  • Address: 4050 E 116th St, Cleveland, OH 44105

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