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Mixed-Use Building with Storefronts

10018 Lorain Ave, Cleveland, OH 44111

For Sale
$395,000

Four updated apartments and three commercial storefronts combine occupied residential space with room for additional commercial tenancy.

Property Size10,056 SF
Price / SF$39.28
Days on Market9

Property Features for 10018 Lorain Ave

General Information

Standard status Active
Size 10,056 SF
Property subtype Multi-Family
Occupancy 71%

Site & Location

Neighborhood West Boulevard
Highway Access Yes
Road Access Yes
Public Transit Yes
Mixed-Use Components residential, commercial

Additional Details

Gross Income $68,400
Multifamily Units 4
Tenant in Place Yes

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: Glasshouse Realty Group, LLC
Listed By: Kylah Anthony
Source: Homessouthofcleveland
Added: Oct 30 Changed: Nov 7 Last Checked: Nov 7 at 2:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Glasshouse Realty Group, LLC

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Investment Insights

Based on property information with market context.

At 10018 Lorain Avenue, this approximately 10,056-square-foot mixed-use property contains four updated apartments and three commercial storefronts. All four apartments are occupied by HUD-assisted tenants, while one storefront is occupied; five of the seven total units are currently leased. Two commercial spaces are vacant, including one identified for cosmetic work such as paint, flooring, and fixture updates. The building dates to 1920.

The property is on Cleveland’s Lorain Avenue corridor, with access to major highways, public transportation, shopping, and nearby businesses. Its residential apartments and street-level commercial spaces bring two property uses together in one building.

Key Highlights

  • Approximately 10,056 square feet
  • Four updated apartments, all occupied by HUD‑assisted tenants
  • Three commercial storefronts; one is occupied

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic Acupuncture Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
71.4%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby

Demographics for 44111, OH

41,045
Population
19,041
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
6,315
Density / Sq Mi
$54,790
Median Household Income
$38,151
Median Earnings
$938
Median Rent
$130,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in Cleveland

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four updated apartments and three commercial storefronts combine occupied residential space with room for additional commercial tenancy.
Where is this mixed-use property located?
The property is located at 10018 Lorain Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Approximately 10,056 square feet; Four updated apartments, all occupied by HUD‑assisted tenants; Three commercial storefronts; one is occupied
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