2424 Mulberry St — Sale in Cleveland, OH

  • Price: $2.5M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Cleveland, OH 44113
  • Size: 16,510 SF

Investment Figures

Price per square foot
$150

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

• 16,510 SF industrial crane building situated on .38 acres on the Flats West Bank • 4 drive-ins: 10’ W X 14’ H • Ceiling height: 12’-16’ • Wet sprinklered • Built in 1921 • 10-ton crane that spans the entire building • 800 amp, 480 volt, 3-phase power • 10 parking spaces (.61/1,000 SF) • Ideal location for ghost kitchen

Market Context

This industrial in Cleveland, OH is listed for sale at $2,476,500 across 16,510 SF. It has been on the market for 54 days. Compare it against other industrial listings for sale in Cleveland, OH — view the full market.

As of Q1 2026, the Cleveland industrial market showed an 8.8% vacancy rate, and cap rates around 10.5%. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

What is the typical cap rate for industrial in Cleveland?
About 10.5% as of Q1 2026, per multiple brokerage reports.
Is the Cleveland industrial market tightening or softening?
Vacancy is around 8.8% (Q1 2026).

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