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29644706
29644707

3300 Lakeside Ave E, Cleveland, OH 44114

EK
OH OH SAL.2003003809
Cushman & Wakefield CRESCO Real Estate
Listed by Cushman & Wakefield CRESCO Real Estate
$1,800,000
119 days on market
Updated 24 days ago

Former Time Warner Building

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 87,171
Net Rentable (SqFt) 39,560
Price per SqFt $46
Class B
Year Built 1904
Buildings 3
Stories 4
Acreage 2.580
Ceiling Height 11'
Dock High Doors 4

Industrial Adaptive Re-Use Opportunity

Marketing description

This rare opportunity allows you to own an entire prime city block just outside Downtown Cleveland, featuring three flex buildings totaling 87,171 square feet on 2.57 acres of land zoned for industrial and office use. Priced at $2,000,000, this property is ideally suited for an owner-user, investor, or a redevelopment project. The buildings offer exceptional flexibility for light industrial, warehouse, and modern office setups, making them ideal for manufacturing, storage, or assembly purposes. Strategically located with convenient access to I-90, I-77, and I-71, the site ensures excellent connectivity for logistics and commuters. Constructed with durable split-face block and brick, the buildings feature updated roofing, including a new roof on 3400 Lakeside and recent repairs on 3300 Lakeside. Infrastructure upgrades include significant HVAC enhancements for tenant and common areas, heaters in the shipping zone, and enhanced tenant amenities. Currently, the property maintains a 20% occupancy rate, including a crane company at 3694 Lakeside, generating immediate income while leaving ample opportunity for expansion or occupancy. Additional features include clear heights ranging from 11 to 20 feet, abundant parking, three docks at 3400 Lakeside, two drive-in doors per building, wet sprinkler systems, fluorescent lighting, overhead gas heating, and rooftop/office air conditioning. Originally built in 1904, this masonry/block construction is a versatile and income-generating asset with substantial upside potential.

Listing Contacts

EK
OH OH SAL.2003003809
Cushman & Wakefield CRESCO Real Estate
Listed by Cushman & Wakefield CRESCO Real Estate

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Additional Information

Name
Eliot Kijewski
License
OH SAL.2003003809
Brokerage Phone
216.520.1469
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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