Cleveland, OH Commercial Real Estate for Lease and Sale

Explore 396 listings of Cleveland commercial real estate to find the best space for your business.

Parkview Town Center

19601-19609 Puritas Avenue, Riverside, Cleveland, OH
Property

Retail

15,845 SF
Availability

1 Space

1,548 SF
For Lease Contact for pricing
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1946 E 73rd St

1946 E 73rd St, Hough, Cleveland, OH
Property

VacantLand

0.46 SF
For Sale

$240,000
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1402 West 25th Street

1402 West 25th Street, Ohio City, Detroit, OH
Property

Retail

3,545 SF
Availability

1 Space

3,545 SF
For Lease Contact for pricing
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10001 Chester Avenue Cleveland

10001 Chester Avenue Cleveland, Hough, Cleveland, OH
Property

Retail

1,857 SF
Availability

1 Space

1,857 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
4487 Industrial Pkwy

4487 Industrial Pkwy, Puritas-Longmead, Cleveland, OH
Property

Industrial

15,000 SF
Availability

1 Space

15,000 SF
For Lease Contact for pricing
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The Arcade

401 Euclid Avenue, Downtown Cleveland, Cleveland, OH
Property

Retail
Availability

1 Space

1,597 SF
For Lease Contact for pricing
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1415 Kenilworth Avenue

1415 Kenilworth Avenue, Tremont, Cleveland, OH
Property

VacantLand

9,845 SF
For Sale

$575,000
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4329 Lorain Avenue

4329 Lorain Avenue Cleveland, Ohio City, Cleveland, OH
Property

Retail

22,000 SF
Availability

1 Space

3,000 SF
For Lease Contact for pricing
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Cleveland Food Bank

15500 Waterloo Rd, North Collinwood, Cleveland, OH
Property

Industrial

110,000 SF
Availability

1 Space

33,000 SF
Year Built

2003
For Lease

$7.00 - $15.00/SF/YR
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2418 Professor Ave

2418 Professor Ave, Tremont, Cleveland, OH
Property

Retail

2,980 SF
Availability

1 Space

1,490 SF
For Lease

$3,000.00/MO
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2811 Chester Avenue

2811 Chester Avenue, Goodrich-Kirkland Park, Cleveland, OH
Property

Retail

41,975 SF
Availability

1 Space

5,000 SF
For Lease

$14.50/SF/YR
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Puritas Park Plaza

14025-14041 Puritas Avenue, Puritas-Longmead, Cleveland, OH
Property

VacantLand

9 Acre
Availability

1 Space

9 Acre
For Lease Contact for pricing
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St. Clair Avenue

St. Clair Avenue, Goodrich-Kirkland Park, Cleveland, OH
Property

VacantLand

0.47 Acre
For Sale

$700,000
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1728 St Clair Ave NE

1728 St Clair Ave NE, Downtown Cleveland, Cleveland, OH
Property

Retail

4,000 SF
Availability

1 Space

4,000 SF
For Lease

$3,250.00/MO
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Euclid Avenue Cleveland

Euclid Avenue Cleveland, Central Cleveland, Cleveland, OH
Property

VacantLand

1.6 Acre
For Sale Contact for pricing
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1293 West 9th Street

1293 West 9th Street Cleveland, Downtown Cleveland, Cleveland, OH
Property

Retail

17,624 SF
For Sale

$3,500,000
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4121 Carnegie Ave

4121 Carnegie Ave, Central Cleveland, Cleveland, OH
Property

Industrial

10,090 SF
Availability

1 Space

10,090 SF
Year Built

1971
For Lease

$5.50/SF/YR
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INTRO

2027 West 25th Street, Ohio City, Cleveland, OH
Property

Retail

36,000 SF
Availability

1 Space

1,996 SF
For Lease Contact for pricing
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3,850 Square Feet of Premium Retail Space Available

313 Euclid Ave, Downtown Cleveland, Cleveland, OH
Property

Retail
Availability

1 Space

3,580 SF
For Lease Contact for pricing
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Receiver-Ordered Auction | Buy One or Buy Them All!

8705 Connecticut Ave, South Broadway, Cleveland, OH
Property

Other

1 SF
For Sale Contact for pricing
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740-750 E 185th St

740-750 E 185th St, North Collinwood, Cleveland, OH
Property

Retail

12,712 SF
Availability

1 Space

8,000 SF
For Lease

$10.00/SF/YR
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10900 Carnegie Avenue

10900 Carnegie Avenue, University, Cleveland, OH
Property

Office

49,205 SF
Availability

2 Spaces

8,350 SF
For Lease Contact for pricing
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4240 Pearl Rd

4240 Pearl Rd, Old Brooklyn, Cleveland, OH
Property

Retail

22,123 SF
Availability

1 Space

11,623 SF
Year Built

2000
For Lease Contact for pricing
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7123 Lorain Ave

7123 Lorain Ave, Detroit-Shoreway, Cleveland, OH
Property

Retail

3,600 SF
Availability

1 Space

3,600 SF
Year Built

1977
For Lease Contact for pricing
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5900 Detroit Ave
Green Room
5900 Detroit Avenue, Cleveland, OH

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4005 Clark Avenue

4005 Clark Avenue, Clark-Fulton, Cleveland, OH
Property

Industrial

60,456 SF
Year Built

1991
For Sale

$895,000
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1108 Kenilworth Avenue

1108 Kenilworth Avenue, Tremont, Cleveland, OH
Property

Retail

11,970 SF
Year Built

1900
For Sale

$1,615,950
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0 Sycarmore St

0 Sycarmore St, Ohio City, Cleveland, OH
Property

VacantLand

5.61 Acre
For Sale Contact for pricing
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1975 East 61st Street

1975 East 61st Street, Hough, Cleveland, OH
Property

Office

28,600 SF
Year Built

2018
For Sale Contact for pricing
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310-320 Prospect Avenue Cleveland

310-320 Prospect Avenue Cleveland, Downtown Cleveland, Cleveland, OH
Property

Office

12,918 SF
For Sale Contact for pricing
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3040 Carnegie Ave

3040 Carnegie Ave, Central Cleveland, Cleveland, OH
Property

Retail

988 SF
Year Built

2013
For Sale Contact for pricing
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1906 East 40th Street

1906 East 40th Street, Goodrich-Kirkland Park, Cleveland, OH
Property

Industrial

41,239 SF
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 15,783,418 square feet of office space across 112 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 3,892,184 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 11,091,428 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 Industrial space, which accounts for 5,049,413 square feet of available listings. Office space available in Cleveland adds up to 3,440,199 square feet.

Meanwhile, most of the listings of commercial property for sale in Cleveland are in the Retail 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 $17.02 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 $20.79 per square foot, industrial space in Cleveland saw average rents of $4.73 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 Goodrich-Kirkland Park.

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 Office 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 159,429 square feet.
Retail properties here incorporate an average of 36,719 square feet.
Industrial space in Cleveland is in buildings that are, on average 127,488 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 12,139,841 square feet. The market offers 94 active office listing(s), which amount to 3,266,226 square feet and account for 35% of commercial spaces on the market. Local retail availability includes 647,375 square feet across 92 retail space(s). Industrial space for rent opportunities in Cleveland amount to 5,065,759 square feet across a total of 63 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	94	3,266,226
Retail	92	647,375
Industrial	63	5,065,759
Other	15	3,160,481

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 3,356,849 square feet of commercial property for sale here , which includes 22 office building(s) for sale , 36 retail investment opportunity listing(s) , and 30 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	22	613,741
Retail	36	413,454
Industrial	30	1,489,406
Other	51	840,248

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

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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