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Three-Story Office Building
For Sale
$139,000

988 E 185th Street, Cleveland, OH 44119

Four separate entrances support a layout that can be divided into multiple office suites.

Property Size2,644 SF
Price / SF$52.57
Days on Market721

Property Features for 988 E 185th Street

General Information

Standard status Active
Size 2,644 SF
Property subtype Business
Occupancy 100%

Site & Location

Neighborhood Northeast Shores
Highway Access Yes
Road Access Yes

Additional Details

Asking Price $139,000
Currently Operating Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $2,647

Building Details

Building Size 2,644 SF
Year Built 1942
Buildings 1
Stories 3
Tenancy Single
Owner Occupied Yes
Abandoned No
Listing Agency: EXP Realty, LLC.
Listed By: Tom Partin · License #2013001969
Source: Lifestagesrealty
Added: Nov 5, 2024 Changed: Oct 26 Last Checked: Oct 26 at 3:14PM

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.

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Investment Insights

Based on property information with market context.

Built in 1942, this three-story office building contains 1,708 square feet above grade and 936 square feet below grade, for 2,644 square feet overall. The layout includes a lobby, private offices, a kitchen and cafeteria, and full and half bathrooms. Four entrances serve the front, rear, side, and lower level, and the partially finished basement includes storage and a walk-up exit. Hardwood flooring remains beneath carpet in some areas.

The property is next to Fifth Third Bank on E 185th Street in Cleveland, with access to major highways. The fenced site has a paved drive and parking for multiple vehicles, and its rear boundary adjoins a wooded area.

Building updates include an AC unit installed in 2023, a roof replaced in 2014, newer windows, and a concrete pad. Sidewalks, curbs, and street paving were also recently improved through a city beautification project.

Key Highlights

  • 2,644 square feet total: 1,708 SQFT above ground and 936 SQFT below grade
  • Four entrances provide access at the front, rear, side, and lower level
  • Interior includes a lobby, private offices, kitchen/cafeteria, and full and half bathrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Airsep Corporation Pharmacy

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Law Firm Skin Care Clinic Electrical Service

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby

Demographics for 44119, OH

12,134
Population
6,941
Households
1.7
Avg Household Size
44
Median Age
19%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
5,515
Density / Sq Mi
$48,268
Median Household Income
$36,556
Median Earnings
$927
Median Rent
$109,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - Four separate entrances support a layout that can be divided into multiple office suites.
Where is this office building located?
The property is located at 988 E 185th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: 2,644 square feet total: 1,708 SQFT above ground and 936 SQFT below grade; Four entrances provide access at the front, rear, side, and lower level; Interior includes a lobby, private offices, kitchen/cafeteria, and full and half bathrooms
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