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850 E 72nd St
Cleveland, OH 44103
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Recently refurbished in 2021 with new roof, LED lighting, and updated mechanicals.
- Flexible layout featuring 95,040 SF warehouse/distribution on the first floor and 76,640 SF warehouse/office on the second floor.
EXECUTIVE SUMMARY
Unlock a rare investment opportunity with 850 E 72nd Street, a fully renovated industrial asset in Cleveland’s dynamic distribution corridor. Spanning 171,680 SF on nearly five acres, this property combines robust infrastructure with strategic positioning. The 2021 refurbishment delivered a new roof, LED lighting, and upgraded mechanicals, minimizing capital expenditure for the next owner. Featuring heavy power, full sprinkler coverage, and ceiling heights up to 30’, the building is designed for modern logistics and manufacturing demands. Six interior docks and a drive-in door streamline freight handling, while the expansive parking lot with 336 spaces enhances tenant appeal. Located minutes from Downtown Cleveland and major interstates, this asset offers unparalleled connectivity to regional and national markets. With flexible floor plans and strong redevelopment potential, 850 E 72nd Street stands as a cornerstone for investors seeking stability and growth in a high-demand industrial sector.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Year Built/Renovated | 1926/2021 |
| Property Type | Industrial | Parking Ratio | 1.97/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Dock-High Doors/Loading | 6 |
| Lot Size | 4.99 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 170,258 SF | Opportunity Zone |
Yes
|
| No. Stories | 2 | ||
| Zoning | Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.99 AC |
| Rentable Building Area | 170,258 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1926/2021 |
| Parking Ratio | 1.97/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | Industrial |
AMENITIES
- Fenced Lot
- Security System
UTILITIES
- Lighting
- Gas
- Water - City Water
- Sewer
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 105-15-041 | Improvements Assessment | $81,203 CAD |
| Land Assessment | $73,151 CAD | Total Assessment | $154,354 CAD |
PROPERTY TAXES
Parcel Number
105-15-041
Land Assessment
$73,151 CAD
Improvements Assessment
$81,203 CAD
Total Assessment
$154,354 CAD
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