23360 Michelle Drive — Sale in Bedford Heights, OH
- Price: $1.2M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Bedford Heights, OH 44146
- Submarket: Southeast
- Size: 9,802 SF
- Year built: 1972
Photos
Investment Figures
- Price per square foot
- $121
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
This property boasts an excellent location for quasi-retail use, being situated near industrial, residential, and commercial pockets. It offers easy access to I-480 and I-271, ensuring convenient connectivity. Recent renovations include the removal of the second story and the installation of energy-efficient LED lighting. Additionally, the property features multiple fenced-in outdoor storage and parking areas. Zoned B1 - Local Retail, it is suitable for a wide variety of uses.
Market Context
This industrial in Bedford Heights, OH is listed for sale at $1,185,000 across 9,802 SF ($121/SF). The building dates to 1972. Compare it against other industrial listings for sale in Bedford Heights, OH — view the full market.
As of Q2 2026, the Cleveland industrial market showed a 3.9% vacancy rate, average asking rents near $5.79/SF/yr, and rents up 10.2% year over year. Source: multiple brokerage reports, Q2 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- Is the Cleveland industrial market tightening or softening?
- Vacancy is around 3.9%, with asking rents rising year over year (Q2 2026).
Contact
- Jason Laver · +1 216 585 1489 · jlaver@crescorealestate.com
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