309 Perkins Ave 3907 Perkins Ave 20,000 SF Office Building Cleveland, OH 44114 $1,600,000 ($80/SF)






INVESTMENT HIGHLIGHTS
- Equipped with open/bullpen, multi-function spaces, meeting areas, shared and private offices
- Fully climate controlled
- 3-phase, 400+ amps; Fully sprinklered
- Lots of natural light
- 3 kitchens
- Freight elevator (2,000 lbs)
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
20,000 SF
Building Class
B
Year Built/Renovated
1941/2000
Price
$1,600,000
Price Per SF
$80
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.42
Lot Size
1.10 AC
Opportunity Zone
Yes
Zoning
SI
Parking
20 Spaces (1 Space per 1,000 SF Leased)
1 of 3
Walk Score®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 102-40-018 | Improvements Assessment | $181,510 |
Land Assessment | $8,330 | Total Assessment | $189,840 |