Renovated Office and Clinic Property

18515 Underwood Avenue, Cleveland, OH 44119

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For Sale

$315,000

Two fully renovated buildings offer a vacant flexible-use office/clinic space plus a partially leased multi-tenant office setup.

Type:Office

Property size:

4,350 SF

Price / SF:

$72/SF

HighLights

Two fully renovated buildings on one parcel total ±4,350 GSF in Cleveland’s North Collinwood neighborhood.
18519 Underwood: two‑story multi‑tenant office building with ±2,800 GSF, 10 individual offices, shared kitchen, and shared conference room (lower level).
18519 Underwood: 5 offices currently leased on gross terms; 5 offices remain available at published asking rates.
18515 Underwood: fully renovated single‑tenant building with ±1,550 GSF across the first and second floors; currently vacant.
18515 Underwood was last rented at $2,550 per month and offers flexible use under Residence‑Office District zoning (residential rental, professional office, or medical/clinic).
13 on‑site surface parking spaces included; property sold together with 13–15 parking spaces.

We can help!

Listing Contact

Chassity Miller

Learn more

For Sale

$315,000

Two fully renovated buildings offer a vacant flexible-use office/clinic space plus a partially leased multi-tenant office setup.

Type:Office

Property size:

4,350 SF

Price / SF:

$72/SF

Added:: Mar 18, 2026
Days on Market:: 90
Last Refresh:: Jun 15 at 3:54 am

Property Features for 18515 Underwood Avenue

General Information

Standard status: Active
Size: 4,350 SF
Property subtype: Office

Building Details

Year Built: 1900

We can help!

Listing Contact

Chassity Miller

Listing agent Chassity Miller License #2017005555

Listing office EXP Realty, LLC.

Listing date Mar 18, 2026

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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 EXP Realty, LLC.

HighLights

Two fully renovated buildings on one parcel total ±4,350 GSF in Cleveland’s North Collinwood neighborhood.
18519 Underwood: two‑story multi‑tenant office building with ±2,800 GSF, 10 individual offices, shared kitchen, and shared conference room (lower level).
18519 Underwood: 5 offices currently leased on gross terms; 5 offices remain available at published asking rates.
18515 Underwood: fully renovated single‑tenant building with ±1,550 GSF across the first and second floors; currently vacant.
18515 Underwood was last rented at $2,550 per month and offers flexible use under Residence‑Office District zoning (residential rental, professional office, or medical/clinic).
13 on‑site surface parking spaces included; property sold together with 13–15 parking spaces.

Overview

18515 Underwood Avenue presents a fully renovated mixed-use property consisting of two buildings on a single parcel. One building, 18515, is a separate single-tenant, two-story structure with space across the first and second floors and is currently vacant. The most recent rent referenced for this building was $2,550 per month. Under the Residence-Office District zoning, the vacant building allows flexibility for use as a residential rental, professional office, or a medical/clinic operation.

The second building, 18519, is a two-story multi-tenant office building configured with 10 individual offices, a shared kitchen on the main floor, and a shared conference room on the lower level. Five offices are currently leased on gross terms, and five remain available at published asking rates. The combined property is sold with 13–15 on-site surface parking spaces.

This offering can fit an owner-operator who occupies the vacant building while collecting income from the leased offices in the other building, or an investor looking for a turnkey office arrangement with existing occupancy. The combination of renovated space, multiple office configurations, and on-site parking supports a range of professional tenant and clinic use cases consistent with the stated Residence-Office District zoning.

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

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Local Demand

City: Cleveland
County: Cuyahoga
State: Ohio
Longitude: -81.5490934
Latitude: 41.5800091

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For sale
Office buildings
OH
Cleveland
44119
18515 Underwood Avenue

What type of property is this?

Office building - Two fully renovated buildings offer a vacant flexible-use office/clinic space plus a partially leased multi-tenant office setup.

Where is this office building located?

The property is located at 18515 Underwood Avenue Cleveland, OH.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: Two fully renovated buildings on one parcel total ±4,350 GSF in Cleveland’s North Collinwood neighborhood.; 18519 Underwood: two‑story multi‑tenant office building with ±2,800 GSF, 10 individual offices, shared kitchen, and shared conference room (lower level).; 18519 Underwood: 5 offices currently leased on gross terms; 5 offices remain available at published asking rates.