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Two-Story Storefront with Basement
New
For Sale
$945,000

2718 Lorain Avenue, Cleveland, OH 44113

A multi-level layout occupies a signalized corner in Ohio City, with nearby retail and institutional destinations.

Property Size2,688 SF
Price / SF$351.56
Days on Market2

Property Features for 2718 Lorain Avenue

General Information

Standard status Active
Size 2,688 SF
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 18,000 vehicles/day

Building Details

Buildings 1
Stories 2
Listing Agency: CBRE | Cleveland
Listed By: Joseph Khouri · License #2008000837
Source: Cbre
Added: Sep 26 Last Checked: Sep 26 at 3:26PM

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 CBRE | Cleveland

Investment Insights

Based on property information with market context.

This 2,688-square-foot storefront has two stories and a basement, with a multi-level configuration. The property is to be sold vacant. Its layout may accommodate a range of retail concepts, including uses such as a coffee shop or bakery, as described in the property information.

The building occupies the corner of Lorain Avenue and West 28th Street at a signalized intersection in Cleveland’s Ohio City. St. Ignatius is across the street, and the West Side Market and Town Hall are within walking distance. The intersection carries more than 18,000 vehicles per day. The stated one-mile population is 17,091, with annual population growth of 2.07%.

Key Highlights

  • 2,688‑square‑foot, two‑story storefront with a basement
  • Located at the signalized intersection of Lorain Avenue and West 28th Street
  • More than 18,000 vehicles per day at the intersection

Property Analytics

Current Use

Cigar Cigars Ohio ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Pet Grooming Service Locksmith Tech Support Center

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

18,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,777
Businesses Nearby
Balanced
Demand for This Use

Demographics for 44113, OH

20,291
Population
12,554
Households
1.6
Avg Household Size
33
Median Age
54%
College-Educated
89%
High-School Grad
3.8 sq mi
ZIP Area
5,340
Density / Sq Mi
$70,140
Median Household Income
$61,204
Median Earnings
$1,374
Median Rent
$295,400
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - A multi-level layout occupies a signalized corner in Ohio City, with nearby retail and institutional destinations.
Where is this storefront property located?
The property is located at 2718 Lorain Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 2,688‑square‑foot, two‑story storefront with a basement; Located at the signalized intersection of Lorain Avenue and West 28th Street; More than 18,000 vehicles per day at the intersection
More about this property
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