237 Depot Street Berea Berea, OH 44017
Flex-style light industrial building includes warehouse space, office storefront, and multiple overhead doors on light industrial zoning.
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 11 at 2:58 am
Property Features for 237 Depot Street Berea
General Information
- Standard status
- Active
- Size
- 13,000 SF
- Lot size
- 0.91 Acres
- Property subtype
- CommercialSale
Building Details
- Year Built
- 1951
Listing office (330) 472-2967
Listing date Jul 10, 2026
Source Christinamoretti.exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Christina Moretti
Investment Insights
Based on property information with market context.
A first-floor layout off the retail storefront includes access to a conference room and warehouse area, along with additional office and parts room that connects to the warehouse space via a staircase. The sale includes five parcels totaling 0.91 acres, encompassing the building, land, parking lot, and fenced-in green space. The property is described as having strong frontage and exposure connecting Rocky River Dr. and Front Street.
The building is zoned light industrial and provides a mix of warehouse and office/retail storefront space suited to users needing both work area and office front. The business associated with the property is sold separately.
Key Highlights
- 13000 SF light industrial building on 0.91 acres with warehouse, office, and office/retail storefront space
- Approx. 10,000 SF industrial/manufacturing plus 3,000 SF office/retail storefront
- Warehouse includes two large overhead doors: 10'W x 10'H and 12'W x 16'H, with 20' ceilings
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.4k | $5.88 |
| − Vacancy | −$4.2k | −$0.32 |
| EGI | $72.2k | $5.56 |
| − OpEx | −$25.3k | −$1.94 |
| NOI | $47.0k | $3.61 |
Alternative Uses
Property Analytics
Current Use by Public Records
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