Industrial Building with Outdoor Storage

2148 Lakeside Ave, Cleveland, OH

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For Sale

Contact for pricing

6,000 SF industrial building with vacant land for sale.

Type:INDUSTRIAL

Property size:

6,000 SF

Lot size:

0.17 Acres

Price / SF:

$66/SF

HighLights

6,000 SF freestanding industrial building with ample outdoor storage
Vacant land on the east side ideal for outdoor storage
Great highway access to OH‑2 and I‑90
Benefit from 20’ Clear Height
480 3 phase power
Features 2 Drive‑in Doors: 12’ W x 14’ H

We can help!

Listing Contact

Gregory B. West

For Sale

Contact for pricing

6,000 SF industrial building with vacant land for sale.

Type:INDUSTRIAL

Property size:

6,000 SF

Lot size:

0.17 Acres

Price / SF:

$66/SF

Added:: Mar 17, 2025
Days on Market:: 456
Last Refresh:: May 20 at 8:44 pm

Property Features for 2148 Lakeside Ave

General Information

Standard status: Active
Size: 6,000 SF
Lot size: 0.17 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Gregory B. West

Listing agent Gregory B. West License #SAL.2001014166

Listing office Hanna Commercial Real Estate | Cleveland

Listing date Mar 17, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial Real Estate | Cleveland

HighLights

6,000 SF freestanding industrial building with ample outdoor storage
Vacant land on the east side ideal for outdoor storage
Great highway access to OH‑2 and I‑90
Benefit from 20’ Clear Height
480 3 phase power
Features 2 Drive‑in Doors: 12’ W x 14’ H

Overview

This is a 6,000 square foot freestanding industrial building available for sale. It features ample outdoor storage space. Vacant land is situated on the building's east side, making it ideal for outdoor storage. The building has a clear height of 20 feet and includes two drive-in doors, each measuring 12 feet wide by 14 feet high. It is equipped with 480 3-phase power. The property benefits from convenient highway access to OH-2, with a traffic volume of 88,285 vehicles per day, and I-90, which sees 113,784 vehicles per day. Local shopping and restaurants are located nearby.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$36.7k	$6.12
− Vacancy	−$1.5k	−$0.25
EGI	$35.2k	$5.87
− OpEx	−$5.3k	−$0.88
NOI	$29.9k	$4.99

6,000 SF · lease $6.12/SF/yr · vacancy 4.10% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$427.6K

$374.2K – $498.9K (±1% cap)

NOI $29,932 @ 7.0% cap · market cap 7.50%

Second Best

Industrial

$352.1K

$308.1K – $410.8K (±1% cap)

NOI $24,650 @ 7.0% cap · market cap 6.18%

Theoretical Best

Office A

$1.46M

$1.28M – $1.71M (±1% cap)

NOI $102,493 @ 7.0% cap · market cap 25.69%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Similar Places Nearby

Riverfront Yacht Sales & Services — 1890 Carter Rd, Cleveland, OH 44113
CLE Self Storage — 2401 Center St, Cleveland, OH 44113
Self Storage — 230 W Huron Rd, Cleveland, OH 44113
Relex Storage Units — 1936 Scranton Rd, Cleveland, OH 44113
Relentless Recovery — 1898 Scranton Rd, Cleveland, OH 44113

Location Insight

Map
Local Demand

City: Cleveland
County: Cuyahoga
State: Ohio
Longitude: -81.6796
Latitude: 41.511

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For sale
Warehouses
OH
Cleveland
2148 Lakeside Ave

What type of property is this?

Warehouse - 6,000 SF industrial building with vacant land for sale.

Where is this warehouse located?

The property is located at 2148 Lakeside Ave Cleveland, OH.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: 6,000 SF freestanding industrial building with ample outdoor storage; Vacant land on the east side ideal for outdoor storage; Great highway access to OH‑2 and I‑90