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Retail Space With Dedicated Parking
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15709 Lorain Ave, Cleveland, OH 44111

Retail space offering nine dedicated parking spots and approximately 13,000 VPD visibility on Lorain Ave.

Property Size7,200 SF
Price / SF$59.03
Days on Market202

Property Features for 15709 Lorain Ave

General Information

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

Additional Details

Traffic Count 13,000 vehicles/day
Listing Agency: Hanna Commercial Real Estate | Cleveland
Listed By: John Lubinski · License #2019006622
Source: Moodyscre
Added: Feb 23 Changed: Aug 8 Last Checked: Sep 12 at 10:50AM

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 listing offers a combined retail space and multifamily apartments configuration for sale and lease. The property includes nine dedicated parking spots, supporting convenient on-site access for tenants and visitors.

The retail component benefits from exposure along Lorain Ave, with approximately 13,000 vehicles per day reported in the marketing remarks.

This is a straightforward option for an investor or operator seeking a retail asset with on-site parking and established street visibility.

Key Highlights

  • Retail space with approximately 13,000 VPD visibility on Lorain Ave
  • (9) dedicated parking spots for retail use
  • Property offered for sale and for lease, with retail space and multifamily apartments

Property Analytics

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Current Use

Ziegler & Tomlinson Real ... Real Estate Agency

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

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 Retail in Cleveland, OH

5.6% 2019
8.5% 2020
7.2% 2021
6.9% 2022
6.7% 2023
6.9% 2024
7.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space offering nine dedicated parking spots and approximately 13,000 VPD visibility on Lorain Ave.
Where is this retail space located?
The property is located at 15709 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: Retail space with approximately 13,000 VPD visibility on Lorain Ave; (9) dedicated parking spots for retail use; Property offered for sale and for lease, with retail space and multifamily apartments
(330) 958-7291 Call to check price and availability
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