892 Callendar Blvd - Manufacturing FOR SALE


Painesville, OH 44077
$5,619,729 USD
310-261-8428
892 Callendar Blvd, Painesville, OH for Sale
$5,619,729 USD
Manufacturing - FOR SALE
1/16
null | 7% Cap Rate

892 Callendar Blvd
Painesville, OH 44077


HIGHLIGHTS

  • HIGH-INCOME, URBAN INFILL LOCATION
  • 4 5-TON CRANES, 4 DOCKS & LEVELERS & 3 DRIVE-INS
  • CLOSE PROXIMITY TO CLEVELAND’S INDUSTRIAL HUB
  • MAJOR MIDWEST TRANSPORTATION NETWORKS
  • POSITIVE RENT GROWTH $393,382 INPLACE NOI

OVERVIEW

DWG Capital Group is pleased to present 892 Callendar Blvd, Painesville, Ohio, a ±68,639 SF industrial manufacturing and warehouse facility located within the Cleveland MSA and positioned in the Northeast Ohio manufacturing and logistics corridor. The property presents an excellent opportunity for an owner/user, industrial operator, or investor to acquire a high-infrastructure industrial asset with immediate access to I-90 and strong connectivity to Cleveland, Pittsburgh, Columbus, Detroit, and other major Midwest markets. The building includes four 5-ton cranes, heavy 480V 3-phase power, 25’ clear height, four dock doors with levelers, and three drive-in doors, making it ideal for precision manufacturing, CNC machining, metal fabrication, aerospace suppliers, automotive suppliers, industrial assembly, equipment manufacturing, warehousing, and distribution uses. Situated on ±6.73 acres with I-1 industrial zoning, the property offers excess land area, outdoor storage potential, and long-term operational flexibility in a supply-constrained industrial market. As Cleveland continues to experience low industrial vacancy, rent growth, and durable demand for functional manufacturing and warehouse facilities, 892 Callendar Blvd offers a compelling owner/user or investment opportunity in one of the Midwest’s most important industrial regions.

FOR SALE DETAILS

PRICE

$5,619,729 USD

PRICE/SF

$82 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

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

1999

UTILITIES

-

CLEAR CEILING HT

25 Ft

DOCKS

4

DRIVE INS

3

PARKING SPACES

19

LAND DETAILS

LAND ACRES

6.73

LAND SF

293,159

ZONING

I-1, Painesville Twp

APN/PARCEL ID

11-B-064-A-00-019

ASK ABOUT THIS PROPERTY

Judd DunningDWG CAPITAL GROUP ( Formerly NGKF/ARA)More Info
310-261-8428

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Judd DunningDWG CAPITAL GROUP ( Formerly NGKF/ARA)More Info
310-261-8428

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