Downtown Cleveland Class A
For Sale
Contact for pricing
1215 Superior Ave, Cleveland, OH
Class A office space in downtown Cleveland with various layouts.
Property Size7,143 SF
Lot Size0.54 Acres
Price / SF$272.99
Days on Market317
Property Features for 1215 Superior Ave
General Information
Standard status
Active
Size
7,143 SF
Lot size
0.54 Acres
Property subtype
OFFICE
Properties For Sale
at 1215 Superior Ave Contact us1215 Superior Ave AVAILABLE, Now
Floor
1
Size
3,797 SF
Type
OFFICE
Sublease
No
- Lease Rates $14-17/SF
- Beautiful Class A office in Downtown Cleveland with new conference center and tenant lounge
- Wide variety of layouts and size available ranging from 3,797 SF to 77,371 SF
- Restructured ownership willing to invest in significant tenant improvement to accommodate needs
- Turn-key build out opportunities available
- Attached garage parking available
- A competitive option for Class A office space in downtown Cleveland
Contact us 1215 Superior Ave AVAILABLE, Now
Floor
2
Size
5,380 SF
Type
OFFICE
Sublease
No
- Lease Rates $14-17/SF
- Beautiful Class A office in Downtown Cleveland with new conference center and tenant lounge
- Wide variety of layouts and size available ranging from 3,797 SF to 77,371 SF
- Restructured ownership willing to invest in significant tenant improvement to accommodate needs
- Turn-key build out opportunities available
- Attached garage parking available
- A competitive option for Class A office space in downtown Cleveland
Contact us 1215 Superior Ave AVAILABLE, Now
Floor
2
Size
8,094 SF
Type
OFFICE
Sublease
No
- Lease Rates $14-17/SF
- Beautiful Class A office in Downtown Cleveland with new conference center and tenant lounge
- Wide variety of layouts and size available ranging from 3,797 SF to 77,371 SF
- Restructured ownership willing to invest in significant tenant improvement to accommodate needs
- Turn-key build out opportunities available
- Attached garage parking available
- A competitive option for Class A office space in downtown Cleveland
Contact us 1215 Superior Ave AVAILABLE, Now
Floor
3
Size
23,789 SF
Type
OFFICE
Sublease
No
- Lease Rates $14-17/SF
- Beautiful Class A office in Downtown Cleveland with new conference center and tenant lounge
- Wide variety of layouts and size available ranging from 3,797 SF to 77,371 SF
- Restructured ownership willing to invest in significant tenant improvement to accommodate needs
- Turn-key build out opportunities available
- Attached garage parking available
- A competitive option for Class A office space in downtown Cleveland
Contact us 1215 Superior Ave AVAILABLE, Now
Floor
4
Size
22,347 SF
Type
OFFICE
Sublease
No
- Lease Rates $14-17/SF
- Beautiful Class A office in Downtown Cleveland with new conference center and tenant lounge
- Wide variety of layouts and size available ranging from 3,797 SF to 77,371 SF
- Restructured ownership willing to invest in significant tenant improvement to accommodate needs
- Turn-key build out opportunities available
- Attached garage parking available
- A competitive option for Class A office space in downtown Cleveland
Contact us 1215 Superior Ave AVAILABLE, Now
Floor
5
Size
10,618 SF
Type
OFFICE
Sublease
No
- Lease Rates $14-17/SF
- Beautiful Class A office in Downtown Cleveland with new conference center and tenant lounge
- Wide variety of layouts and size available ranging from 3,797 SF to 77,371 SF
- Restructured ownership willing to invest in significant tenant improvement to accommodate needs
- Turn-key build out opportunities available
- Attached garage parking available
- A competitive option for Class A office space in downtown Cleveland
Contact us 1215 Superior Ave AVAILABLE, Now
Floor
Mezz
Size
7,143 SF
Type
OFFICE
Sublease
No
- Lease Rates $14-17/SF
- Beautiful Class A office in Downtown Cleveland with new conference center and tenant lounge
- Wide variety of layouts and size available ranging from 3,797 SF to 77,371 SF
- Restructured ownership willing to invest in significant tenant improvement to accommodate needs
- Turn-key build out opportunities available
- Attached garage parking available
- A competitive option for Class A office space in downtown Cleveland
Contact us
Show more
Listing Agency:
Cresco Real Estate | Cleveland
(216) 520-1200
Listed By:
Alex Valletto
(216) 525-1485
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Sep 13
Last Checked: Oct 5 at 8:29PM
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 Cresco Real Estate | Cleveland
Investment Insights
Based on property information with market context.
This Class A office space is located in Downtown Cleveland. Lease rates range from $14 to $17 per square foot. A wide variety of layouts and sizes are available, ranging from 3,797 square feet to 77,371 square feet. The restructured ownership is willing to invest in significant tenant improvements to accommodate needs. Turn-key build out opportunities are available. Attached garage parking is available. The property includes a new conference center and tenant lounge, offering a competitive option for Class A office space.
Key Highlights
- Class A office space in Downtown Cleveland.
- New conference center and tenant lounge.
- Restructured ownership willing to invest in significant tenant improvements.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,202
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,944,040
$1.9M
Cap Rate 7%
$1,388,600
$1.4M
Cap Rate 9%
$1,080,022
$1.1M
Market Conditions
NOI Build-Up for 7,143 SF
Gross rent
$162.0K $22.68/SF
− Vacancy
−$32.4K −$4.54/SF
EGI
$129.6K $18.14/SF
− OpEx
−$32.4K −$4.54/SF
NOI
$97.2K $13.61/SF
Area
Cleveland, OH
Vacancy
20.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,944,040
Cap Rate 7%
$1,388,600
Cap Rate 9%
$1,080,022
Alternative Uses
Best Use
Office B
$1.39M
$1.22M – $1.62M
NOI $97,202 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.53M – $2.03M
NOI $122,018 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,888
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Cleveland, OH
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Frequently Asked Questions
What type of property is this?
Office units - Class A office space in downtown Cleveland with various layouts.
Where is this office units located?
The property is located at 1215 Superior Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Class A office space in Downtown Cleveland.; New conference center and tenant lounge.; Restructured ownership willing to invest in significant tenant improvements.
