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$399,000 USD
9815 Lorain Avenue
Cleveland, Ohio 44102
USA
Cleveland, Ohio 44102
USA
632.092 m2 ::
6,804 sqft
Commercial for Sale, Other Commercial Property
Land size: 533 m2 ::
5,741 sqft
Sale price per sqm: 631.22
Tax: 7,365 USD
Remarks:
9815 Lorain Avenue presents a rare opportunity to acquire a landmark mixed-use investment property generating approximately $4,300 per month ($51,600 annually) in gross rental income. Formerly the historic Cleveland Trust Bank Building, this architecturally significant property showcases stunning original details, solid brick and steel construction, and a highly visible location along one of Cleveland's major commercial corridors. The approximately 6,800-square-foot building offers four separate units, including two street-level storefronts and two spacious second-floor suites with private entrances. A comprehensive renovation completed in 2007 included updated plumbing, electrical systems, drywall, and flooring, providing a solid foundation for long-term ownership. The property has been well maintained and features multiple powder rooms, two kitchenettes, a large full basement for storage and a secure gated parking lot. Combining historic character, stable income, flexible occupancy options, and significant investment potential, 9815 Lorain Avenue offers a unique opportunity for investors, owner-users, or those seeking a distinctive mixed-use asset in a growing Cleveland market.
Features:
- Year Built: 1928
- Building age: Over 50 years old
- Utilities: Public Sewer
- Heating System: Forced Air
Location:
9815 Lorain Avenue, Cleveland, Ohio 44102, USA
Listed By CENTURY 21 HomeStar
The Commercial for Sale, Other Commercial Property located at 9815 Lorain Avenue, Cleveland, Ohio 44102, USA is currently for sale. 9815 Lorain Avenue, Cleveland, Ohio 44102, USA is listed for $399,000 USD. This property has 6,804 sqft. If the property located at 9815 Lorain Avenue, Cleveland, Ohio 44102, USA isn't what you're looking for, search Ohio Real Estate to see other Commercial For Sale in Cleveland.
