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Mixed-Use Building with Storefronts
For Sale
Under Contract
$375,000

1386 Cranford Avenue, Lakewood, OH 44107

CommercialSale, Lakewood, OH

Property SizeContact for details
Lot Size0.12 Acres
Days on Market10

Property Features for 1386 Cranford Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Rooms Basement
Parking features Parking Lot
Subdivision Rockport Sec 23
Elementary school district Lakewood CSD (Cuyahoga)- 1817
Middle school district Lakewood CSD (Cuyahoga)- 1817
High school district Lakewood CSD (Cuyahoga)- 1817
Directions From Detroit Ave, head North onto Cranford Ave, first property on the left side of the street.
Standard status Active Under Contract
APN 311-30-023
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 23 NP 135FT N OF DETROIT AVE
Tax Annual Amount 5102
Legal Description 23 NP 135FT N OF DETROIT AVE

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1864
Number of units 6
Roof type Asphalt, Fiberglass, Flat
Listing Agency: RE/MAX Above & Beyond · RE/MAX International
Listed By: Armani Adames · License #2020004334
Added: Aug 12 Changed: Aug 20 Last Checked: Aug 21 at 12:06PM
MLS# 5235934

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Located at 1386 Cranford Avenue in Lakewood, Ohio, this mixed-use building contains six units: three street-level storefronts and three apartments, including two one-bedroom units and one two-bedroom unit. The apartments are ADA compliant and include chair glides on the staircases. The property sits on 0.1161 acres and was built in 1864.

The building is zoned for mixed-use and retail, with a five-car parking lot and additional street parking access. Current occupancy is 50%, with tenants on month-to-month agreements. Improvements include a new roof and gutters installed in 2025, newer furnaces, newer electrical systems, forced-air heating, wall-unit cooling, public water, and public sewer.

Key Highlights

  • Six‑unit configuration with three storefronts and three apartments
  • Apartment mix includes two one‑bedroom units and one two‑bedroom unit
  • Mixed‑use and retail zoning

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Carpet & Flooring Store Storage Facility Home Appliance Store (Bike/Boat/Book/etc) 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

3
Residential units
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,355
Businesses Nearby

Demographics for 44107, OH

51,109
Population
29,101
Households
1.8
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
9,465
Density / Sq Mi
$65,778
Median Household Income
$49,285
Median Earnings
$1,011
Median Rent
$241,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail and apartments are arranged within a mixed-use property with public utilities.
Where is this mixed-use property located?
The property is located at 1386 Cranford Avenue Lakewood, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Six‑unit configuration with three storefronts and three apartments; Apartment mix includes two one‑bedroom units and one two‑bedroom unit; Mixed‑use and retail zoning
More about this property
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