Renovated Mixed-Use
15701 Lorain Ave, Cleveland, OH 44111
For Sale
Contact for pricing
Combines two retail suites with three residential units and dedicated on-site parking.
Property Size7,200 SF
Price / SF$59.03
Days on Market96
Property Features for 15701 Lorain Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Financials
Asking Price
Gross Income
Site & Location
Neighborhood
Traffic Count
Units
Unit Mix
Multifamily Units
Building Details
Tenancy
Listing Agency:
Hanna Commercial Real Estate | Cleveland
(216) 861-7200
Listed By:
John Lubinski · License OH #2019006622
(330) 958-7291
Source:
Moodyscre
Added: Aug 7
Changed: Nov 6
Last Checked: Nov 10 at 7:27AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Who owns this building?
See the owner, sales and loan history
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Mixed-use properties in Cleveland
Vacancy Rate% for Multifamily in Midwest region
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
