Building Details

Year Built 1920

Listing Agency: Realty Reimagined Show Phone

Listed By: Kc Petraitis Show Phone

Source: Carolgoffrealestate

Added: Feb 4, 2025 Changed: Aug 29 Last Checked: Aug 29 at 7:34PM

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Investment Insights

Based on property information with market context.

This storefront property occupies a building constructed in 1920 and is available for business occupancy, subject to review by the owner and KeyBank.

The property is within walking distance of Cleveland Clinic’s Fairview Hospital and several restaurants along Lorain Avenue. Lakewood, Fairview Park, and Cleveland Hopkins International Airport are a short drive away.

Key Highlights

• Building constructed in 1920
• Walkable to Cleveland Clinic’s Fairview Hospital
• Near multiple restaurants along Lorain Avenue

Property Analytics

Property Profile

Current Use

MV Designlabs LLC Factory EMC IT Solutions Tech Support Center KeyBank ATM Atm KeyBank Bank American Diary Project Charitable Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Spa & Massage Center Building Supply

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,074

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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 Retail in Cleveland, OH

5.6% 2019

8.5% 2020

7.2% 2021

6.9% 2022

6.7% 2023

6.9% 2024

7.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Established 1920 building near Fairview Hospital and Lorain Avenue restaurants.

Where is this storefront property located?

The property is located at 17138 Lorain Avenue Cleveland, OH.

What is the lease rate?

The lease rate is $1,500/Mo.

What are key features of this property?

This property features: Building constructed in 1920; Walkable to Cleveland Clinic’s Fairview Hospital; Near multiple restaurants along Lorain Avenue