East 39th Street Industrial Portfolio 2 biens | Industriel/Logistique | À vendre | 1 226 708 € | Cleveland, OH

eXp Commercial is pleased to present the opportunity to acquire two industrial properties at 1405 and 1457 E. 39th Street in Cleveland, Ohio. The buildings are offered together as a single portfolio representing a rare chance to acquire contiguous industrial assets in Cleveland’s established Midtown industrial corridor.
The portfolio totals approximately 26,418 SF across two masonry buildings on a combined 1.70-acre site, located in the Midtown industrial submarket The properties have been used as an established elevator fabrication operation for many years, and the existing fabrication setup — including in-place cranes, multi-voltage power, and shop infrastructure — remains in place. Ownership has invested over $160,000 in recent capital improvements. The current operating business, Architectural Products Development, Inc. (APD), is sold separately from the real estate.
1457 E. 39th Street is a 17,018 SF masonry/concrete-block industrial building built in 1962 on approximately 0.60 acres (26,136 SF) in Cleveland’s Midtown industrial submarket. Zoned Industrial, the property features 20’ clear height, two 14’ W x 14’ H drive-in doors, one 12’ x 10’ exterior dock door with leveler, and a fenced lot with outdoor storage yard.
The building has been used as an elevator fabrication operation for many years; the existing fabrication setup is in place, including the 2,500 lb. crane, multi-voltage / multi-amperage electrical service, gas service, and a heated shop with heated & air conditioned office. Recent capital improvements include a new TPO roof system (2025), replaced dock doors, two new shop heaters (2025), and serviced office HVAC (2025).
1405 E. 39th Street is a 9,400 SF masonry/concrete-block industrial building constructed approximately 1931 on 1.10 acres (47,916 SF) in Cleveland’s Midtown industrial submarket. Zoned SI (Special Industrial), the property features 18’ clear height, two 14’ W x 14’ H drive-in doors, a sealed concrete slab floor, and a fenced lot with outdoor storage yard.
The building has been used as an elevator fabrication operation for many years; the fabrication setup is in place, including two in-place cranes — a 2-ton and a 5-ton — supporting heavy-load fabrication and manufacturing use. Recent capital improvements include a new TPO roof and insulation system (2025, approx. 3,400 SF), a replaced shop heater (2025), exterior painting (2023), and electrical upgrades completed prior to current ownership.
With 1.10 acres of land — nearly twice the lot of 1457 — the site offers significant outdoor storage capacity and yard flexibility for an owner-user requiring laydown, equipment staging, or fleet parking. Multi-voltage /multi-amperage electrical service, gas service, and a heated shop with heated & air-conditioned office round out the building.