3308 Lorain Ave - Office FOR SALE


Cleveland, OH 44113- Ohio City
$750,000 USD
216-525-1488
3308 Lorain Ave, Cleveland, OH for Sale
$750,000 USD
Office - FOR SALE
1/1
null | Request Cap Rate

3308 Lorain Ave
Cleveland, OH 44113
Ohio City


OVERVIEW

Rare Ohio City Opportunity with On-Site Parking — One of the few properties on Lorain Avenue offering a dedicated parking lot with 10 surface spaces and 2 garage spaces, a significant competitive advantage in this dense urban corridor. Flexible Retail or Office Use — 4,749 SF single-story brick building currently built out as office with a full kitchen; easily convertible to retail, restaurant, or service use under LR – Local Retail zoning. Recent building upgrades include new roof and new storefront glass (2020). Prime Lorain Avenue Frontage with Strong Traffic — Positioned along one of Ohio City's most active corridors with 11,183 vehicles per day, offering exceptional visibility and access with two curb cuts. Surrounded by Ohio City's Best — Walkable to West Side Market, Planet Fitness, Lutheran Hospital, and an established mix of restaurants, fitness, and retail tenants that drive consistent foot traffic to the submarket. Great visibility along the heavily trafficked Lorain Avenue. Offered at $750,000 on 0.38 Acres — Competitively priced for an owner-user or investor seeking a rare freestanding building with parking in one of Cleveland's most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

Commercial

APN/PARCEL ID

003-36-054

ASK ABOUT THIS PROPERTY

David LebCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1488

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David LebCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1488

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