811 Prospect Avenue — Sale in Cleveland, OH

  • Price: $2.5M
  • Listing type: For sale
  • Asset type: Office
  • Location: Cleveland, OH 44115
  • Size: 27,800 SF

Investment Figures

Price per square foot
$90

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

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Market Context

This office in Cleveland, OH is listed for sale at $2,500,000 across 27,800 SF. It has been on the market for 54 days. Compare it against other office listings for sale in Cleveland, OH — view the full market.

As of Q1 2026, the Cleveland office market showed a 26.9% vacancy rate, and average asking rents near $20.28/SF/yr. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Cleveland office market tightening or softening?
Vacancy is around 26.9% (Q1 2026).

Estimated Market Rate

$54.70/SF – $66.33/SF

Mid: $64.35/SF

Estimated total for 27,800 SF: $1,788,930 per year

Rate-first confidence-weighted blend with cost-of-business adjustment.

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