Renovated Mixed-Use
New
For Sale
Contact for pricing
15701 Lorain Ave, Cleveland, OH 44111
Combines two retail suites with three residential units and dedicated on-site parking.
Property Size7,200 SF
Price / SF$59.03
Days on Market3
Property Features for 15701 Lorain Ave
General Information
Standard status
Active
Size
7,200 SF
Total Parking Spaces
9
Property subtype
RETAIL
Financials
Asking Price
$425,000
Gross Income
$70,500
Units
Unit Mix
2 x 2BR, 1 x Efficiency
Multifamily Units
3
Additional Details
Traffic Count
13,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Hanna Commercial Real Estate | Cleveland
(330) 958-7291
Listed By:
John Lubinski · License #2019006622
(330) 958-7291
Source:
Moodyscre
Added: Aug 7
Changed: Aug 9
Last Checked: Aug 9 at 9:11AM
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 Hanna Commercial Real Estate | Cleveland
Investment Insights
Based on property information with market context.
This 7,200-square-foot mixed-use property combines two retail commercial spaces with three residential units: two two-bedroom apartments and one efficiency. The building has been renovated and includes nine dedicated parking spaces, supporting both the commercial and residential components.
Located at 15701 Lorain Ave in Cleveland, the property fronts Lorain Ave, which records 13,000 VPD. Its combination of storefront space, apartments, and on-site parking creates a single property with both retail and multifamily components.
Located at 15701 Lorain Ave in Cleveland, the property fronts Lorain Ave, which records 13,000 VPD. Its combination of storefront space, apartments, and on-site parking creates a single property with both retail and multifamily components.
Key Highlights
- 7,200 SF renovated mixed‑use property
- Two retail commercial spaces
- Two 2‑bedroom apartments and one bedroom efficiency
Property Analytics
Current Use
Lease Details
3
Residential units
13,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
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 Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines two retail suites with three residential units and dedicated on-site parking.
Where is this mixed-use property located?
The property is located at 15701 Lorain Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 7,200 SF renovated mixed‑use property; Two retail commercial spaces; Two 2‑bedroom apartments and one bedroom efficiency
