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Downtown Multitenant Office Building
For Sale
$1,900,000

55 Erieview Plaza, Cleveland, OH 44114

Seven-story, multi-tenant office building totaling 80,500 square feet, being sold fully vacant for conversion.

Property Size80,500 SF
Price / SF$23.60
Days on Market50

Property Features for 55 Erieview Plaza

General Information

Standard status Active
Size 80,500 SF
Property subtype Office

Building Details

Year Built 1971
Stories 7
Tenancy Multi
Listing Agency:
Listed By: Dan Lariccia
Source: Passovgroup
Added: Jun 24 Changed: Jul 23 Last Checked: Aug 11 at 6:48AM

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 Dan Lariccia

Investment Insights

Based on property information with market context.

55 Erieview Plaza is a 7-story, 80,500-square-foot multitenant office building in Downtown Cleveland’s financial district. Passov Investment Group has been exclusively retained by ownership to sell the property.

The building will be delivered to a new buyer fully vacant and ready for conversion to apartments. Ownership is offering the asset with that redevelopment direction in mind, providing a clean slate for an adaptive reuse plan.

As a multitenant office structure, the building presents an opportunity for buyers seeking a larger, centrally located redevelopment with the benefit of a vacancy delivery at sale.

Key Highlights

  • 7‑story, multi‑tenant office building totaling 80,500 SF in Downtown Cleveland’s financial district
  • Building will be delivered fully vacant and ready for conversion to apartments
  • Year built: 1971

Property Analytics

Current Use

Acumen Property Management Property Management Company New Erieview Rehabilitation ... Rehabilitation Center Bj J Showman Dental Office Gsource Technologies LLC Renovation Specialist Dr. Bj Showman Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Home Appliance Store Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,004
Businesses Nearby

Demographics for 44114, OH

7,622
Population
5,151
Households
1.5
Avg Household Size
32
Median Age
47%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
2,541
Density / Sq Mi
$45,400
Median Household Income
$39,915
Median Earnings
$1,296
Median Rent
$112,900
Median Home Value

Market

Vacancy Rate% for Office in Cleveland, OH

6.9% 2019
6.6% 2020
6.6% 2021
7.6% 2022
10.8% 2023
10.6% 2024
10.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Seven-story, multi-tenant office building totaling 80,500 square feet, being sold fully vacant for conversion.
Where is this office building located?
The property is located at 55 Erieview Plaza Cleveland, OH.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 7‑story, multi‑tenant office building totaling 80,500 SF in Downtown Cleveland’s financial district; Building will be delivered fully vacant and ready for conversion to apartments; Year built: 1971
More about this property
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