Auto Shop with Fully Functioning Paint
For Sale
Contact for pricing
4616 Superior Ave, Cleveland, OH 44103
Auto shop with a fully functioning paint booth and recent lighting, heating, and office upgrades on high-traffic Superior Ave.
Property Size8,091 SF
Price / SF$80.34
Days on Market282
Property Features for 4616 Superior Ave
General Information
Standard status
Active
Size
8,091 SF
Property subtype
INDUSTRIAL
Site & Location
Traffic Count
14,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
paint booth
LED lighting
radiant tube heat
Listing Agency:
Cresco Real Estate | Cleveland
(216) 525-1470
Listed By:
Coleman Sorenson
Source:
Moodyscre
Added: Oct 22, 2025
Changed: Jul 30
Last Checked: Jul 30 at 1:28PM
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 Cresco Real Estate | Cleveland
Investment Insights
Based on property information with market context.
This auto shop includes the sale of a fully functioning paint booth designed to support in-shop refinishing. The property covers 8,091 square feet and includes upgrades such as interior and exterior paint, LED lighting, office renovations, and radiant tube heat.
The shop is positioned for high visibility along Superior Ave, with approximately 14,000 vehicles per day. It offers convenience to I-90 and Downtown Cleveland, supported by a heavy residential population nearby.
With its combination of vehicle-ready workspace and dedicated paint booth equipment, this setup can fit auto repair and detailing needs, as well as contractor-focused uses that benefit from a dedicated finishing process.
The shop is positioned for high visibility along Superior Ave, with approximately 14,000 vehicles per day. It offers convenience to I-90 and Downtown Cleveland, supported by a heavy residential population nearby.
With its combination of vehicle-ready workspace and dedicated paint booth equipment, this setup can fit auto repair and detailing needs, as well as contractor-focused uses that benefit from a dedicated finishing process.
Key Highlights
- Fully functioning paint booth included
- 8,091 SF auto shop
- Approximately 14,000 vehicles per day along Superior Ave
Financial Insights For Industrial
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 | $49.5k | $6.12 |
| − Vacancy | −$2.0k | −$0.25 |
| EGI | $47.5k | $5.87 |
| − OpEx | −$14.2k | −$1.76 |
| NOI | $33.2k | $4.11 |
8,091 SF · lease $6.12/SF/yr · vacancy 4.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.11M
$971.7K – $1.30M
NOI $77,734 @ 7.0% cap · market cap 11.96%
Second Best
Industrial
$474.9K
$415.5K – $554.0K
NOI $33,241 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M
NOI $138,212 @ 7.0% cap · market cap 21.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
14,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44103, OH
14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value
Market
Vacancy Rate% for Retail in Cleveland, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Auto shop with a fully functioning paint booth and recent lighting, heating, and office upgrades on high-traffic Superior Ave.
Where is this auto shop located?
The property is located at 4616 Superior Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully functioning paint booth included; 8,091 SF auto shop; Approximately 14,000 vehicles per day along Superior Ave
