Cleveland, OH Commercial Real Estate for Lease and Sale

Explore 324 listings of Cleveland commercial real estate for lease and for sale to find the best space for your business.

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Terminal Tower

50 Public Square, Downtown Cleveland, Cleveland, OH
Property

Office

581,400 SF
Availability

6 Spaces

59,863 SF
Year Built

1930
For Lease Contact for pricing
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AECOM Building

1300 East 9th Street, Downtown Cleveland, Cleveland, OH
Property

Office

575,000 SF
Availability

23 Spaces

155,997 SF
Year Built

1972
For Lease

$22.00/SF/YR
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Opportunity Corridor

2220 East 105th Street, Fairfax, Cleveland, OH
Property

VacantLand

19,359 SF
Availability

1 Space

19,400 SF
For Lease Contact for pricing
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2831 Franklin Boulevard

2831 Franklin Boulevard, Ohio City, Cleveland, OH
Property

Other

29,000 SF
Year Built

1934
For Sale

$5,400,000
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Memphis Fulton Shopping Center

4273 Fulton Road, Old Brooklyn, Cleveland, OH
Property

Retail

113,662 SF
Availability

3 Spaces

15,464 SF
Year Built

1947
For Lease Contact for pricing
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Circle East

12509 Euclid Avenue, Downtown Cleveland, Cleveland, OH
Property

Other

26,000 SF
For Sale Contact for pricing
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Multi-Tenant Industrial Investment Opportunity

12117 Bennington Avenue, Puritas-Longmead, Cleveland, OH
Property

Industrial

206,536 SF
For Sale

Subject To Offer
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11483 Hessler

11483 Hessler Rd, Central Cleveland, Cleveland, OH
Property

Other

11,000 SF
Year Built

1900
For Sale Contact for pricing
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5300 Tradex Pkwy

5300 Tradex Pkwy, Stockyards, Cleveland, OH
Property

Industrial

134,517 SF
Availability

1 Space

134,517 SF
Year Built

1962
For Lease

$4.00/SF/YR
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The Edge on Euclid

1750 Euclid Ave, Downtown Cleveland, Cleveland, OH
Property

Retail

1,500 SF
Availability

1 Space

1,500 SF
Year Built

2017
For Lease Contact for pricing
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11201 Shaker Blvd

11201 Shaker Blvd, Woodland Hills, Cleveland, OH
Property

Office

52,836 SF
Availability

5 Spaces

7,654 SF
Year Built

1970
For Lease

$1,112.00 - $6,654.00/MO
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Orion Coworking AECOM
Orion Business Center
1300 East 9th Street 12th Floor, Cleveland, OH
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

24/7 security

Catering

Complimentary coffee & tea

Fitness center

High-speed wifi

Parking

Receptionist/Secretarial services
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The Hanna Building

1400 Euclid Avenue, Downtown Cleveland, Cleveland, OH
Property

Office

337,000 SF
Availability

46 Spaces

168,483 SF
Year Built

1921
For Lease

$16.00 - $18.00/SF/YR
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Van Epps Plaza I & II

4770 Van Epps Road, Old Brooklyn, Brooklyn Heights, OH
Property

Industrial

223,488 SF
Availability

1 Space

7,790 SF
Year Built

1972
For Lease

$5.50/SF/YR
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One Cleveland Center

1375 East 9th Street, Downtown Cleveland, Cleveland, OH
Property

Office

530,014 SF
Availability

22 Spaces

91,399 SF
Year Built

1983
For Lease

$22.00/SF/YR
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Techpark I

1000 Apollo Drive, Riverside, Brook Park, OH
Property

Industrial

100,300 SF
Availability

1 Space

7,650 SF
Year Built

1991
For Lease

$12.95/SF/YR
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9300 Miles Ave

9300 Miles Ave, Union-Miles Park, Cleveland, OH
Property

Retail

8,000 SF
For Sale

$850,000
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SELLER FINANCING AVAILABLE! THE GORDON SQUARE WESTSIDE APARTMENTS IN CLEVELAND, OH!

1942 W 73rd St, Detroit-Shoreway, Cleveland, OH
Property

Multi-Family

9,375 SF
Year Built

1912
For Sale

$1,030,000
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Jennings Freeway Business Centre

4550 Hinckley Industrial Pkwy, Old Brooklyn, Cleveland, OH
Property

Industrial

346,371 SF
Availability

3 Spaces

53,421 SF
Year Built

1984
For Lease

$7.15/SF/YR
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Circle Square - Main Block North

Chester Ave and Stokes Blvd, University, Cleveland, OH
Property

Retail

35,775 SF
Availability

1 Space

35,775 SF
Year Built

2023
For Lease Contact for pricing
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Shoreway Commerce Park

799 East 73rd Avenue, Glenville, Cleveland, OH
Property

Industrial

447,143 SF
Availability

2 Spaces

35,911 SF
Year Built

1912
For Lease Contact for pricing
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4364 W 130th St

4364 W 130th St, Puritas-Longmead, Cleveland, OH
Property

Retail

960 SF
Year Built

1950
For Sale

$160,000/SF
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Free standing Retail Building For Sale | For Lease

4281 W 130th St, Puritas-Longmead, Cleveland, OH
Property

Other

13,428 SF
Year Built

1995
For Sale Contact for pricing
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Cowden Humphrey Building

4600 Euclid Avenue, Central Cleveland, Cleveland, OH
Property

Office

41,667 SF
Availability

3 Spaces

23,997 SF
Year Built

2009
For Lease

$10.00 - $20.00/SF/YR
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800 Superior Avenue

800 Superior Avenue, Downtown Cleveland, Cleveland, OH
Property

Office

475,000 SF
Availability

2 Spaces

45,090 SF
Year Built

1969
For Lease

$16.00/SF/YR
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6001 Euclid Avenue

6001 Euclid Avenue, Hough, Cleveland, OH
Property

Office

61,783 SF
Year Built

2018
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Cleveland commercial real estate market incorporates 14,098,875 square feet of office space across 95 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Cleveland, the coworking segment of the commercial real estate market incorporates about 2,654 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Cleveland commercial real estate market includes 3,835,752 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Cleveland market, there is a total of 4,050,770 square feet of industrial property.

The listing inventory in Cleveland incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Cleveland is represented by Office space, which accounts for 3,054,180 square feet of available listings. Industrial space available in Cleveland adds up to 1,159,149 square feet.

Meanwhile, most of the listings of commercial property for sale in Cleveland are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Cleveland is $17.54 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Cleveland can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $20.13 per square foot, industrial space in Cleveland saw average rents of $5.54 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Cleveland, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Cleveland is in the Downtown Cleveland neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Cleveland area.

Meanwhile, retail space opportunities are most abundant in the Downtown Cleveland submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Central Cleveland.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $24.99 per square foot. In particular, the property type commanding the highest lease rates in Cleveland was Retail space.

Conversely, the highest sale price last year was $38,000,000 that is located at 101 West Prospect Avenue.

The average size of a commercial property in Cleveland depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Cleveland, the average size of an office property is 171,938 square feet.
Retail properties here incorporate an average of 51,144 square feet.
Industrial space in Cleveland is in buildings that are, on average 66,407 square feet in size.

Cleveland, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Cleveland currently add up to 7,345,785 square feet. The market offers 83 active office listing(s), which amount to 3,054,180 square feet and account for 40% of commercial spaces on the market. Local retail availability includes 720,801 square feet across 68 retail space(s). Industrial space for rent opportunities in Cleveland amount to 1,150,919 square feet across a total of 39 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	83	3,054,180
Retail	68	720,801
Industrial	39	1,150,919
Other	15	2,419,885

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Cleveland, OH. Currently, there is 3,017,643 square feet of commercial property for sale here , which includes 13 office building(s) for sale , 23 retail investment opportunity listing(s) , and 25 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	13	273,707
Retail	23	257,967
Industrial	25	1,520,059
Other	44	965,909

Cleveland, OH Commercial Real Estate Market Overview

Cleveland’s local economy is fueled by activity within the manufacturing, financial, biotech and higher education sectors. Cleveland Clinic is the city’s top employer and part of a strong medical, insurance and research network, which includes University Hospitals of Cleveland, MetroHealth and Medical Mutual of Ohio.

Avient, NACCO, RPM, Steris and Lincoln Electric are some of the companies that drive the demand for commercial real estate properties in Cleveland.

The Greater Cleveland Regional Transit Authority (RTA) handles public transportation within the city through its bus routes and light and heavy rail lines. Cleveland is also serviced by Cleveland Hopkins International Airport — a regional air freight hub for FedEx Express, UPS and the USPS — as well as Burke Lakefront Airport.

Cleveland, OH Commercial Real Estate for Lease and Sale

Terminal Tower

AECOM Building

Opportunity Corridor

2831 Franklin Boulevard

Memphis Fulton Shopping Center

Circle East

Multi-Tenant Industrial Investment Opportunity

11483 Hessler

5300 Tradex Pkwy

The Edge on Euclid

11201 Shaker Blvd

Orion Coworking AECOM

The Hanna Building

Van Epps Plaza I & II

One Cleveland Center

Techpark I

9300 Miles Ave

SELLER FINANCING AVAILABLE! THE GORDON SQUARE WESTSIDE APARTMENTS IN CLEVELAND, OH!

Jennings Freeway Business Centre

Circle Square - Main Block North

Shoreway Commerce Park

4364 W 130th St

Free standing Retail Building For Sale | For Lease

Cowden Humphrey Building

800 Superior Avenue

6001 Euclid Avenue

Frequently Asked Questions

Cleveland, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Cleveland, OH Commercial Real Estate Market Overview

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Cleveland, OH Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Cleveland, OH?

What factors affect the price of commercial real estate in Cleveland, OH?

What is the average rent for commercial space in Cleveland, OH?

What are the best areas for commercial real estate in Cleveland, OH?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Cleveland, OH?

Cleveland, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Cleveland, OH Commercial Real Estate Market Overview

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