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Mixed-Use Property with Retail

15705 Lorain Ave, Cleveland, OH 44111

For Lease
New
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Renovated commercial and residential space combines two storefronts with three apartments.

Space Size7,200 SF
Days on Market7

Property Features for 15705 Lorain Ave

General Information

Standard status Active
Size 7,200 SF
Total Parking Spaces 9
Property subtype Retail

Site & Location

Neighborhood Kamms Corners
Traffic Count 13,000 vehicles/day

Additional Details

Space Use Retail

Building Details

Building Size 7,200 SF
Tenancy Multi

Spaces For Lease

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#1 Active

Size 7,200 SF
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#2 Active

Size 7,200 SF
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Listing Agency: Hanna Commercial Real Estate Cleveland
Listed By: John Lubinski · License #OH 2019006622
Source: Crexi
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 4:17PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This renovated 7,200-square-foot mixed-use building at 15705 Lorain Ave in Cleveland contains two retail spaces and three apartments. The residential portion comprises two 2-bedroom units and one efficiency apartment. Nine dedicated parking spaces serve the property.

The building fronts Lorain Ave, where reported traffic is 13,000 vehicles per day.

Key Highlights

  • Renovated 7,200‑square‑foot mixed‑use building
  • Two retail spaces and three apartments: two 2‑bedroom units plus one efficiency
  • Nine dedicated parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Nationwide Insurance: Hec ... Insurance Agency Cadarette Inc Construction Company everBEAuty inc Alternative Medicine Practice

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated commercial and residential space combines two storefronts with three apartments.
Where is this mixed-use property located?
The property is located at 15705 Lorain Ave Cleveland, OH.
What are key features of this property?
This property features: Renovated 7,200‑square‑foot mixed‑use building; Two retail spaces and three apartments: two 2‑bedroom units plus one efficiency; Nine dedicated parking spaces
(330) 958-7291 Call to check price and availability
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