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Mixed-Use Property with Banquet Hall
For Sale
$349,000

11535 Lorain Avenue, Cleveland, OH 44111

Includes two storefronts, office areas, a conference room, and space for on-site food preparation.

Property Size21,939 SF
Days on Market159

Property Features for 11535 Lorain Avenue

General Information

Standard status Active
Size 21,939 SF
Property subtype Commercial

Building Details

Building Size 21,939 SF
Year Built 1930
Buildings 1
Listing Agency: 2000 Professional Realty
Listed By: Kal Alnazer
Source: Carolgoffrealestate
Added: Mar 27 Changed: Aug 31 Last Checked: Aug 31 at 5:12PM

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 2000 Professional Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines event, office, and storefront components within a building constructed in 1930. The banquet hall accommodates 250 guests, while a kitchen area supports on-site food preparation. Two storefronts add separate commercial spaces to the layout.

Office accommodations include a 3,000-square-foot upstairs area with a conference room and a 2,000-square-foot office space at the front of the building. Central air is included. The property is located at 11535 Lorain Avenue in Cleveland, Ohio.

Key Highlights

  • Banquet hall accommodates 250 guests
  • Two storefronts included in the property
  • 3,000 sq ft upstairs office space

Property Analytics

Current Use

Master Taxes Inc. Tax Preparation

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Accounting Firm Acupuncture Catering Service

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

Location Intelligence

Trade Area within ½ mile

793
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

Market

Vacancy Rate% for Office in Cleveland, OH

6.9% 2019
6.6% 2020
6.6% 2021
7.6% 2022
10.8% 2023
10.6% 2024
10.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes two storefronts, office areas, a conference room, and space for on-site food preparation.
Where is this mixed-use property located?
The property is located at 11535 Lorain Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Banquet hall accommodates 250 guests; Two storefronts included in the property; 3,000 sq ft upstairs office space
More about this property
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