1557 Saint Clair Avenue Northeast

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1557 Saint Clair Avenue Northeast

Cleveland, OH 44114
Asking Price
Contact for price
Asset Type
Industrial
Class
Class B

What's Special

1557 Saint Clair Avenue Northeast is situated in the downtown Cleveland periphery, within a district characterized by a mix of historical industrial structures and modern commercial redevelopments. The property provides direct access to major regional thoroughfares, including Interstate 90 and Route 2, facilitating logistical efficiency throughout the Greater Cleveland area. The neighborhood features a variety of professional services and local dining options, and it is located within one mile of the central business district and the North Coast Harbor. The building is suited for a range of light industrial, flex, or specialized urban manufacturing uses. Given its proximity to the city center and primary transit corridors, the asset is optimal for tenants seeking last-mile delivery infrastructure, creative studio space, or wholesale distribution hubs. The property typically attracts established businesses requiring a combination of warehouse capacity and functional office space within a high-visibility urban setting.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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