Share This Listing

Message

918 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Large Industrial Opportunity-Own/Use/Invest 4437 E 49th St 231,505 SF Industrial Building Cleveland, OH 44125 $25,839,662 CAD ($111.62 CAD/SF)

Matterport 3D Tours

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Ideal property for manufacturing, distribution, or warehouse operations.
  • Excellent investment opportunity with stable tenant demand.
  • Equipped with a combined sprinkler system featuring both wet-pipe sprinklers and ESFR in portions of the building.
  • Convenient location near I-77 and I-480 with easy access to downtown and Cleveland-Hopkins International Airport.
  • Rare opportunity to purchase or lease a large industrial building in Cleveland.
  • Outfitted with a freight elevator, contributing to the convenience of transporting equipment and materials through the building.

EXECUTIVE SUMMARY

This 1948-built industrial facility contains over 230,000 square feet for lease or purchase. The location off I-77 provides convenient
highway access and visibility. With multiple dock doors and a central Cleveland location, the building is ideal for manufacturing,
distribution, or warehouse use. The rare opportunity to acquire such a large facility in the city presents an excellent investment
opportunity, as tenant demand remains strong. The below-market asking rates make this a compelling option to own or lease.
Additionally, 4437 E 49th is bursting with amenities including nine docks, two drive-in doors, a freight elevator, and 6,000-amp heavy power.

MATTERPORT 3D TOURS

1941, 1950, and 1963 Additions

{{slideTitle}}

/2

PROPERTY FACTS

Price $25,839,662 CAD
Price Per SF $111.62 CAD
Sale Type Investment or Owner User
Sale Condition Lease Option
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Telecom Hotel Data Hosting
Building Class B
Lot Size 8.60 AC
Rentable Building Area 231,505 SF
No. Stories 2
Year Built 1948
Tenancy Single
Parking Ratio 0.99/1,000 SF
Clear Ceiling Height 34’
No. Dock-High Doors/Loading 9
No. Drive In / Grade-Level Doors 2
Zoning IG - Light Industrial

AMENITIES

  • Property Manager on Site
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 191,505 SF
  • Industrial
  • Full Build-Out
  • Now

This 1948-built industrial facility contains over 230,000 square feet for lease or purchase. With multiple dock doors and a central Cleveland location, the building is ideal for manufacturing, distribution, or warehouse use. The below-market asking rates make this a compelling option for lease. Additionally, the property is bursting with amenities including two drive-in doors, a freight elevator, and 6,000-amp heavy power.

  • 2nd Floor
  • 40,000 SF
  • Industrial
  • Full Build-Out
  • Now

This 1948-built industrial facility contains over 230,000 square feet for lease or purchase. With multiple dock doors and a central Cleveland location, the building is ideal for manufacturing, distribution, or warehouse use. The below-market asking rates make this a compelling option for lease. Additionally, the property is bursting with amenities including two drive-in doors, a freight elevator, and 6,000-amp heavy power.

Space Size Space Use Condition Available
1st Floor 191,505 SF Industrial Full Build-Out Now
2nd Floor 40,000 SF Industrial Full Build-Out Now

1st Floor

Size
191,505 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

2nd Floor

Size
40,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 191,505 SF
Space Use Industrial
Condition Full Build-Out
Available Now

This 1948-built industrial facility contains over 230,000 square feet for lease or purchase. With multiple dock doors and a central Cleveland location, the building is ideal for manufacturing, distribution, or warehouse use. The below-market asking rates make this a compelling option for lease. Additionally, the property is bursting with amenities including two drive-in doors, a freight elevator, and 6,000-amp heavy power.

2nd Floor

Size 40,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

This 1948-built industrial facility contains over 230,000 square feet for lease or purchase. With multiple dock doors and a central Cleveland location, the building is ideal for manufacturing, distribution, or warehouse use. The below-market asking rates make this a compelling option for lease. Additionally, the property is bursting with amenities including two drive-in doors, a freight elevator, and 6,000-amp heavy power.

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Columbus
892,533
135
2 h 32 m
Indianapolis
867,125
312
5 h 50 m
Chicago
2,705,994
350
6 h 34 m
Philadelphia
1,584,138
426
8 h 1 m
New York
8,398,748
460
8 h 46 m
Charlotte
872,498
509
9 h 30 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
899,770
Total Labor Force
449,971
Unemployment Rate
4.73%
Median Household Income
$50,903
Warehouse Employees
72,386
High School Education Or Higher
89.70%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 522-08-003
  • 522-08-040
  • 522-08-019
  • 522-08-023
Land Assessment
$343,774 CAD
Improvements Assessment
$4,116,196 CAD
Total Assessment
$4,459,970 CAD
  • Listing ID: 29300431

  • Date on Market: 2023-08-17

  • Last Updated:

  • Address: 4437 E 49th St, Cleveland, OH 44125

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}