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Renovated Mixed-Use Property
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15701 Lorain Ave, Cleveland, OH 44111

Renovated mixed-use property combining retail space, apartments, and dedicated parking.

Space Size7,200 SF
Days on Market6

Property Features for 15701 Lorain Ave

General Information

Standard status Active
Size 7,200 SF
Total Parking Spaces 9
Property subtype RETAIL
Lease Type NNN

Additional Details

Space Use Retail
Traffic Count 13,000 vehicles/day

Building Details

Tenancy Multi

Spaces For Lease

at 15701 Lorain Ave Contact us

15701 Lorain Ave $1,500/Mo

Floor
Bldg
Size
7,200 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• For Sale & For Lease - Retail Space & Multifamily Apartments • 13,000 VPD on...
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Listing Agency: Hanna Commercial Real Estate | Cleveland
Listed By: John Lubinski · License #2019006622
Source: Moodyscre
Added: Aug 7 Changed: Aug 9 Last Checked: Aug 11 at 7:40AM

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 includes two retail commercial spaces alongside three residential units: two two-bedroom apartments and one efficiency apartment. The building has been completely renovated, and the property includes nine dedicated parking spots.

Situated on Lorain Ave in Cleveland, the property records 13,000 VPD. Its combination of commercial and residential space creates a flexible configuration for mixed-use occupancy, with retail areas and apartment units contained within the same asset.

Key Highlights

  • 7,200‑square‑foot mixed‑use property
  • Two retail commercial spaces
  • Two 2‑bedroom apartments and one bedroom efficiency

Property Analytics

Current Use

Town Florist of Cleveland (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Hair Salon Electrical Service Carpet & Flooring 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

13,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

736
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 Multifamily in Midwest region

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

What type of property is this?
Mixed-use property - Renovated mixed-use property combining retail space, apartments, and dedicated parking.
Where is this mixed-use property located?
The property is located at 15701 Lorain Ave Cleveland, OH.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 7,200‑square‑foot mixed‑use property; Two retail commercial spaces; Two 2‑bedroom apartments and one bedroom efficiency
(330) 958-7291 Call to check price and availability
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