5718 Lorain Ave - Storefront Retail/Office FOR SALE


Cleveland, OH 44102- Detroit-Shoreway
$175,000 USD
216-406-4746
5718 Lorain Ave, Cleveland, OH for Sale
$175,000 USD
Storefront Retail/Office - FOR SALE
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null | Request Cap Rate

5718 Lorain Ave
Cleveland, OH 44102
Detroit-Shoreway


HIGHLIGHTS

  • Great Location
  • Primary Street
  • Lots of Potential

OVERVIEW

There is approximately 2,000 square feet that can be used. The building is a shell just needs final touches to design as new owner see fit. Property is framed in. No major mechanicals ran other than electrical. Perfect Live / Work opportunity. Store front on First floor. Large basement with high ceilings great for storage. Offices or apartments on the second and third level. Bring your dreams and ideas to this property. So much potential. Discover this fantastic opportunity in a rapidly growing and improving area along Historic Lorain Ave! This 2,000 sq ft mixed-use commercial building offers the perfect blend of retail / office space, ideal for a variety of businesses. First floor features a spacious, open retail area with great street frontage, perfect for drawing in foot traffic and providing excellent visibility for your business. The second / third floor offers flexible office space that can be tailored to fit your business needs, offering a quiet and professional atmosphere for work or meetings or employee spaces. The full basement could provide endless potential, high ceilings and plenty of natural light, making it an ideal space for storage or even additional workspace or light manufacturing. Located in an area that’s continually on the rise, this property is surrounded by a vibrant mix of local businesses and offers easy access to major routes and public transportation. New Roof, New Windows, New siding, Electrical panel and service, interior framing. Seize this opportunity to establish or expand your business in one of Cleveland’s most promising areas!

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

Commercial

APN/PARCEL ID

002-31-003

ASK ABOUT THIS PROPERTY

David ReddyKeller Williams Citywide - The Reddy GroupMore Info
216-406-4746

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David ReddyKeller Williams Citywide - The Reddy GroupMore Info
216-406-4746

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.