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25805288
25802611

11910 Harvard ave, Cleveland, OH 44105

MM
Unpriced
300 days on market
Updated 2 days ago

11910 Harvard ave

Details
Property Type Industrial, Mixed Use
Sub Type Warehouse
Square Footage 26,928
Cap Rate 9.63%
Tenancy Multi

26,928 SF light industrial w/5 bldgs, drive in doors, cranes,office & upside income potential

Marketing description

Located just 15 minutes from downtown Cleveland with easy access to both the East and West sides, this light industrial-zoned property offers a rare opportunity for owner-users or investors seeking versatile space with built-in income and even more potential to grow. The site features five buildings—four connected structures and one stand-alone office that resembles a home. Total space is 26,928 sq ft, including 2,049 sq ft of office space. One office is zoned for a car lot, and the stand-alone office has been fully renovated, making it move-in ready for many uses. The front office downstairs has also been remodeled, offering a clean and professional space for immediate use. One building includes two overhead cranes—ideal for industrial or manufacturing operations.

There are 10 drive-in doors for seamless access across all spaces. Multiple tenants currently occupy the property, each in different areas, with no active leases. This gives a new owner the flexibility to adjust rental rates, create lease structures, or occupy space themselves. Tenants have expressed willingness to sign leases prior to transfer if desired.

Additional income opportunities include leasing both office spaces and monetizing the generous outdoor area, which is currently used for truck parking. The side lot can also be divided and rented out for additional vehicle or trailer storage. Two on-site cell towers may provide even more future value. The owner has invested in several updates, including a complete tear-off and replacement of the main warehouse roof with all new materials.

There’s significant upside potential in raising rents, achieving full occupancy, and maximizing outdoor utility. Whether you're an investor, owner-operator, or entrepreneur, this versatile property is ready to perform.

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