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Renovated Office Building
For Sale
$585,900

4367 Rocky River Drive, Cleveland, OH 44135

Four occupied suites offer a multi-tenant commercial office configuration with on-site parking.

Property Size6,720 SF
Days on Market71

Property Features for 4367 Rocky River Drive

General Information

Standard status Active
Size 6,720 SF
Total Parking Spaces 34
Property subtype Commercial
Zoning Commercial
Occupancy 100%

Additional Details

Cap Rate 11%
Office Units 4

Taxes and HOA fees

Annual Taxes $12,958

Building Details

Building Size 6,720 SF
Year Built 1973
Buildings 1
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Professional Realty
Listed By: Chrissy Kovanda
Source: Carolgoffrealestate
Added: Jun 22 Changed: Aug 29 Last Checked: Aug 30 at 5:45PM

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 Berkshire Hathaway HomeServices Professional Realty

Investment Insights

Based on property information with market context.

Built in 1973, this commercial office building contains four renovated suites occupied by long-term tenants. Improvements completed within the last five years include a new roof, updated windows, carpeting, and an AC system. The property is zoned Commercial and includes 34 on-site parking spaces distributed across front and rear lots, with additional street parking nearby.

The building is located at 4367 Rocky River Drive in Cleveland’s Kamm’s Corners district, approximately 2 miles from Cleveland Hopkins International Airport. Its office configuration, recent improvements, and established occupancy provide a clearly defined commercial asset for evaluation. The property’s stated cap rate is 11%.

Key Highlights

  • Four renovated office suites with long‑term tenants
  • Fully occupied commercial office building
  • 34 on‑site parking spaces in front and rear lots

Property Analytics

Current Use

Robert R. Kulbarsh, ... Physician WestPark OMT Physician Patrick Mcintyre Physician Humanistic Counseling Center Crisis Center Reliable Tax Service Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Spa & Massage Center Gym & Fitness Center

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

4
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 44135, OH

26,684
Population
12,035
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
10.2 sq mi
ZIP Area
2,616
Density / Sq Mi
$48,930
Median Household Income
$36,444
Median Earnings
$935
Median Rent
$119,100
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 - Four occupied suites offer a multi-tenant commercial office configuration with on-site parking.
Where is this office building located?
The property is located at 4367 Rocky River Drive Cleveland, OH.
What is the asking price?
The asking price for this property is $585,900.
What are key features of this property?
This property features: Four renovated office suites with long‑term tenants; Fully occupied commercial office building; 34 on‑site parking spaces in front and rear lots
More about this property
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