9915 Lorain Ave , Cleveland OH 44102 US

Excellent Investment Opportunity in Cleveland Area! Well maintained mixed-use building in a prime location for sale, on Lorain Ave, right off I-90. Situated in a saturated retail market, surrounded by many residential neighborhoods, near Lakewood, Detroit Shoreway, and Gordon Square districts and ...

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9915 Lorain Ave
Cleveland OH 44102 US

#3973687

Courtesy of: Thomas Jelepis, Coldwell Banker Schmidt Family of Companies

$359,000

9915 Lorain Ave Excellent Investment Opportunity in Cleveland Area! Well maintained mixed-use building in a prime location for sale, on Lorain Ave, right off I-90. Situated in a saturated retail market, surrounded by many residential neighborhoods, near Lakewood, Detroit Shoreway, and Gordon Square districts and just minutes outside of downtown Cleveland. This nearly 12,000 SF income producing property in great location was originally built in 1924 and is 100% occupied. This building is comprised of 4 residential apt units - 3 one bdrm units, and 1 two bdrm unit - fully leased. The building offers two fully leased retail storefronts with street access. Among the many advantages this property offers are: • Nearly 12K SF! • Great location! • Brick building with private front and rear entrances. • Ample parking, approximately 8 spaces and access to street parking. • Private access from each unit to basement areas. • Newly redone/ resealed roof to the entire building. • West commercial unit remodeled plus new drains/plumbing replaced. • Central Air in great shape, five new hot water tanks, all units well maintained. • Long-term apartment tenants. • Priced reasonably for the current market for this type of structure. • Great location just off of I-90 and within walking distance of surrounding districts including Gordan Square, Detroit Shoreway, and Lakewood. • Within 10 minutes of downtown Cleveland.

  • Facts
  • Built in: 1924
  • Lot Size: 0.20 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Roof Type: Unknown
  • Heating Fuels: Natural Gas
Listing Changed: 4/21/2018 6:40:40 AM GMT
Source Updated Date: 4/24/2018 3:07:53 AM GMT

Courtesy of: Thomas Jelepis, Coldwell Banker Schmidt Family of Companies

Listing Source - ListHub

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