7500 Bessemer Ave - Manufacturing FOR SALE


Cleveland, OH 44127- North Broadway
$375,000 USD
216-374-3689
7500 Bessemer Ave, Cleveland, OH for Sale
$375,000 USD
Manufacturing - FOR SALE
1/27
null | Request Cap Rate

7500 Bessemer Ave
Cleveland, OH 44127
North Broadway


HIGHLIGHTS

  • 16,253 SF industrial building on 0.55 fenced acres with 4,266 SF newly renovated office across two floors
  • Two (2) drive-in doors and two (2) dock-high truck doors and 16' clear height in warehouse
  • Zoned General Industry — wide range of permitted usesoors
  • Located within a federally designated Opportunity Zone offering potential tax incentive and positioned along Cleveland’s Opportunity Corridor initia
  • Minutes from downtown Cleveland via I-77, I-490, and I-480 and approximately 15 miles to Hopkins International Airport
  • Well-suited for manufacturing, plating, or power-intensive operations

OVERVIEW

7500 Bessemer Avenue is a 16,253 SF industrial building situated on approximately 0.55 acres (23,958 SF) of fenced land in Cleveland’s southeast industrial corridor. Classified as Manufacturing and Assembly Light and zoned General Industry, the property is well-positioned for owner-users and investors seeking flexible industrial space with significant office presence. The building features a prominent 4,266 SF newly renovated office component spread across two floors. The warehouse portion offers ceiling heights of 14' to 18' with a 16' clear height, and is served by two drive-in doors and two dock-high truck doors, providing efficient loading and material flow. Power service is at 400 Amps, 14,000 Volts, 480/277V 3-phase — well-suited for manufacturing, plating, heavy processing, or other power-intensive operations. The site is fully fenced with dedicated parking. The property is located minutes from downtown Cleveland with convenient access to I-77, I-490, and I-480, and sits within a federally designated Qualified Opportunity Zone and the Opportunity Corridor initiative area — offering potential federal tax advantages for qualified investors and exposure to one of Cleveland’s most active infrastructure investment corridors. Available for sale at $375,000 or for lease at $3,900/month ($2.88/SF/year). The seller is highly motivated and has made a substantial price reduction — bring offers.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55

LAND SF

23,958

ZONING

GI

APN/PARCEL ID

125-23-029

ASK ABOUT THIS PROPERTY

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216-374-3689

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Kas FilippovaeXp CommercialMore Info
216-374-3689

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