Office Building with Redevelopment
New
For Sale
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20325 Center Ridge Rd, Rocky River, OH 44116
Approved plans support conversion to a market-rate apartment community, with access to I-90 and nearby retail and dining.
Property Size113,253 SF
Lot Size1.83 Acres
Days on Market5
Property Features for 20325 Center Ridge Rd
General Information
Standard status
Active
Size
113,253 SF
Lot size
1.83 Acres
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
113,253 SF
Listing Agency:
Colliers | Cleveland
(216) 239-5060
Listed By:
Mark Abood · License #AUCTIONEERLICENSENO.2019000050
(216) 239-5121
Source:
Moodyscre
Added: Sep 8
Changed: Sep 9
Last Checked: Sep 12 at 4:48AM
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 Colliers | Cleveland
Investment Insights
Based on property information with market context.
This 113,253-square-foot office building occupies 1.83± acres and includes more than 200 underground parking spaces. The property has received full City of Rocky River approval for conversion into a 99-unit market-rate apartment community. Construction drawings, engineering and third-party reports, and underwriting materials are available through the Virtual Deal Room.
Located less than 20 minutes west of downtown Cleveland and north of Cleveland Hopkins International Airport, the property offers access to I-90 along with nearby retail, dining, and lifestyle amenities. The approved residential plan provides one reuse path, while the existing office configuration may also support future repositioning or alternative redevelopment strategies.
Located less than 20 minutes west of downtown Cleveland and north of Cleveland Hopkins International Airport, the property offers access to I-90 along with nearby retail, dining, and lifestyle amenities. The approved residential plan provides one reuse path, while the existing office configuration may also support future repositioning or alternative redevelopment strategies.
Key Highlights
- 113,253± square foot office building on 1.83± acres
- More than 200 underground parking spaces
- Full City of Rocky River approval for a 99‑unit market‑rate apartment conversion
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
Explore this area
Business Placement
Demographics for 44116, OH
21,821
Population
10,484
Households
2.1
Avg Household Size
45
Median Age
64%
College-Educated
97%
High-School Grad
4.9 sq mi
ZIP Area
4,453
Density / Sq Mi
$93,532
Median Household Income
$60,738
Median Earnings
$1,146
Median Rent
$327,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Approved plans support conversion to a market-rate apartment community, with access to I-90 and nearby retail and dining.
Where is this office building located?
The property is located at 20325 Center Ridge Rd Rocky River, OH.
What are key features of this property?
This property features: 113,253± square foot office building on 1.83± acres; More than 200 underground parking spaces; Full City of Rocky River approval for a 99‑unit market‑rate apartment conversion
