Midtown Industrial Portfolio

The properties are located on E. 39th Street in Cleveland’s Midtown industrial submarket — a well-established, transit-accessible industrial corridor positioned between Downtown Cleveland and the University Circle / Glenville neighborhoods. Midtown has experienced sustained industrial demand driven by its proximity to the urban core, competitive land pricing relative to suburban submarkets, and strong connectivity to the regional highway network. The properties sit approximately 1 mile from the I-90 on-ramp via E. 30th Street, with I-77 access via the Innerbelt. Cleveland-Hopkins International Airport is approximately 24–25 minutes away. E. 39th Street carries approximately 9,400 vehicles per day, with nearby E. 43rd Street seeing over 14,000 VPD — providing strong commercial and freight visibility for industrial operators. The surrounding area features a diverse mix of manufacturing, metal fabrication, automotive, and service businesses consistent with the SI zoning designation. Walk Score 73–84 (Very Walkable), Bike Score 60–63, Transit Score 44 — strong urban connectivity for workforce attraction and retention.A rare opportunity to acquire a contiguous two-building industrial portfolio in Cleveland’s established Midtown industrial submarket. 1405 and 1457 E. 39th Street are offered together as a single portfolio — not individually — totaling approximately 26,418 SF of industrial building area on a combined 1.70 acres. The properties have been operated as an elevator fabrication facility for many years, with the existing fabrication setup remaining in place — including in-place 2-ton, 5-ton, and 2,500 lb. cranes, multi-voltage / multi-amperage electrical service, gas service, and heated shop space. A buyer can step into a turnkey fabrication, manufacturing, or heavy-load industrial operation with no setup required. 1457 E. 39th Street is a 17,018 SF masonry/concrete-block building (1962) with 20’ clear height, two 14’×14’ drive-in doors, one 12’×10’ dock door with leveler, and a 2,500 lb. crane on a 0.60-acre site. 1405 E. 39th Street is a 9,400 SF masonry/concrete-block building (~1931) with 18’ clear height, two 14’×14’ drive-in doors, sealed concrete slab, and 2-ton + 5-ton cranes on a 1.10-acre fenced site offering significant outdoor storage and yard flexibility. Ownership has invested over $160,000 in recent capital improvements, including new TPO roof systems on both buildings (2025), replaced shop heaters (2025), and serviced office HVAC (2025). The current operating business, Architectural Products Development, Inc. (APD), is sold separately from the real estate. Ideal for an owner-user, value-add investor, or last-mile logistics / light manufacturing operator seeking turnkey industrial space in an established urban infill location.