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    11204 Lorain Ave Cleveland, OH 44111

    For Sale
    $434,000

    SINGLE_FAMILY - Cleveland, OH

    Type:Retail
    Lot size:
    0.09 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for 11204 Lorain Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Basement
    APN
    005-11-035
    Parking
    2
    Parking features
    Garage, Driveway, On Street
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1923
    Floors in Building
    2
    Number of units
    4
    Roof type
    Flat

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Hamzah A Najar (216) 406-3186 License #2019007599

    Listing date Nov 18, 2025

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Cleveland, OH

    This mixed-use building in Cleveland, Ohio, presents an excellent investment opportunity. The property features two fully occupied storefronts with long-term tenants and two apartments, each with two bedrooms and one bathroom. One apartment is intentionally kept vacant for showing purposes. The building has undergone many updates, including a new roof and tune-up, newer windows, electrical and plumbing upgrades, a gutter filter system, replaced hot water tanks, bathroom updates, newer doors and locks, air vent plumbing, and fresh paint. Both apartments have been recently fully renovated. The current gross monthly rent is $2,910 with one vacancy. When fully occupied, the gross rent is projected to exceed $4,000 per month. The lot size is 0.0866 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Epic Barbershop Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.764891
    Latitude
    41.463433

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    FAQs

    What type of property is this?
    Storefront property - Mixed-use building with storefronts and apartments, excellent investment opportunity.
    Where is this storefront property located?
    The property is located at 11204 Lorain Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $434,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity with high occupancy rate.; - Potential for significantly increased gross monthly rent exceeding $4,000 when fully occupied.; - Two fully occupied storefronts with long-term tenants.
    (216) 406-3186
    Request Owner's contact information
    11204 Lorain Ave Cleveland, OH 44111
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    Cleveland, OH 44111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11204 Lorain Ave Cleveland, OH 44111
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