5505 Lorain Ave - Storefront Retail/Residential FOR SALE


Cleveland, OH 44102- Detroit-Shoreway
$350,000 USD
216-406-4746
5505 Lorain Ave, Cleveland, OH for Sale
$350,000 USD
Storefront Retail/Residential - FOR SALE
1/54
null | Request Cap Rate

5505 Lorain Ave
Cleveland, OH 44102
Detroit-Shoreway


HIGHLIGHTS

  • Great location!!
  • Heavy traffic area close to I-90
  • Open plan with exposed brick walls.

OVERVIEW

Prime Investment opportunity! There are two retail spaces on the main floor approximately 1,500 square feet each. There is an enclosed courtyard and garage/warehouse are with drive in overhead door. Lots of character in this building that used to be an antique store. The second floor can be used as offices or apartments. There is potential for 3-4 offices or apartments. Lots of potential for owner user or Investment. High traffic location with lots of stores, restaurants and taverns nearby. Call now for your private showing.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

Retail

APN/PARCEL ID

006-18-111

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.