3907 Perkins Ave - Office FOR SALE


Cleveland, OH 44114
$1,600,000 USD
330-475-5500
3907 Perkins Ave, Cleveland, OH for Sale
$1,600,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

3907 Perkins Ave
Cleveland, OH 44114


HIGHLIGHTS

  • Equipped with open/bullpen, multi-function spaces, meeting areas, shared and private offices
  • Lots of natural light
  • Fully climate controlled
  • 3 kitchens
  • 3-phase, 400+ amps; Fully sprinklered
  • Freight elevator (2,000 lbs)

OVERVIEW

FIRST TIME ON THE MARKET! Introducing a prime owner-user opportunity in the MidTown corridor just east of downtown Cleveland. This 19,168 SF former warehouse building was fully gutted and renovated in 1997 to creative office. Zoned as GI - General Industry, this property offers versatile potential for a range of uses. This property is very well maintained and presents a unique opportunity to capitalize on its historic charm and modern functionality. Previous use as a major multimedia studio. Located in Cleveland's Midtown Corridor, just east of Downtown, this property is part of a dynamic and growing area known for its biomedical and tech developments. The neighborhood offers a vibrant mix of commercial, cultural, and recreational amenities, with easy access to downtown (5 minutes), Cleveland State University (3 minutes), and major highways (I-90, Inner Belt). Recently, Cuyahoga County renovated the nearby 3951 Perkins building for public access to archives. The location is also a 20-minute drive to Cleveland Hopkins Airport. Perfect for both owner-users and investors. -Masonry construction with wood floors and beams -Abundance of natural light -Equipped with open/bullpen, multi-function spaces, meeting areas, shared and private offices -3 full kitchens (1 full commercial) -Restrooms on every level -Fully climate-controlled HVAC -Drive-in secured garage accommodates 6 cars or two 16' box trucks -3-phase, 400+ amps; Fully sprinklered -Freight elevator (2,000 lbs) -Solar Panels (138 panels) with new inverter -Upgraded lighting throughout -18-20 dedicated parking (exterior and interior) plenty of street and nearby lot parking -Less than 1 mile to I-90, I-77 & I-71 -MidTown is an innovation hotbed between Cleveland Clinic and Public Square

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

309 Perkins Ave

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

SI

APN/PARCEL ID

102-40-018

ASK ABOUT THIS PROPERTY

Nichole BookerSVN | Summit Commercial Real Estate AdvisorsMore Info
330-475-5500

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Nichole BookerSVN | Summit Commercial Real Estate AdvisorsMore Info
330-475-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.