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3400 Lakeside E Ave Cleveland, OH 44114-3754

Manufacturing properties Google Maps
0.18 ac lot
Entity Owned 6-yr Hold Free & Clear
3400 Lakeside E Ave, Cleveland, OH 44114-3754 For Sale
Contact for pricing
3400 Lakeside E Ave, Cleveland, OH 44114-3754
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Estimated value (blended)
$270k
Range $243k – $297k (±10%)
Property ID US66-1869543

Property summary

AI-generated overview

This exceptional 5,511 square foot single-tenant property, located at 3400 Lakeside Ave E, Suite 301, Cleveland, OH 44114, presents a unique investment opportunity. Built in 1904, this one-story building (APN 102-12-006) offers versatile space suitable for a variety of uses. Its adaptable layout makes it ideal for traditional office space, co-working environments, creative offices, or executive suites. The property's expansive footprint and abundant natural light create an inviting atmosphere perfect for retail showrooms, fitness studios, art galleries, event venues, or tech hubs. The location in Cleveland, Ohio provides excellent access to the city's amenities and transportation networks. This property is a blank canvas for a business seeking a unique and inspiring space to thrive. The flexible design allows for customization to meet the specific needs of a wide range of businesses, fostering collaboration and innovation. The property's historical charm combined with its modern adaptability makes it a truly exceptional opportunity. This is a single-tenant space with significant potential for a variety of businesses.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 0.18 ac (7,980 SF)
Zoning code GI
APN 102-12-006
UPID US66-1869543

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Solar Energy Company Energy Equipment And Solutions

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2020
Last sale
$330,000
6 recorded transactions
2020
Price N/A
2020
$330,000
2012
Price N/A
2006
Price N/A
2001
$1.0M
1969
Price N/A

Zoning & alternative use

GI · Cleveland, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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