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    Iconic Ohio City Commercial Property Title is generated by Realmo AI

    3800 Lorain Ave, Cleveland, OH 44113

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    Legacy property with redevelopment potential in a dynamic urban location.

    Type:Mixed Use, Multifamily, Retail
    Property size:
    40,000 SF
    Lot size:
    0.99 Acres
    Price / SF:
    $72/SF
    Added:
    Mar 3, 2026
    Days on Market:
    122
    Last Refresh:
    Mar 16 at 1:48 pm

    Property Features for 3800 Lorain Ave

    General Information

    Standard status
    Active
    Size
    40,000 SF
    Lot size
    0.99 Acres
    Property subtype
    Mixed Use, Multifamily, Retail

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    Nick Reyes

    Listing office Acclaimed Realty

    Listing date Mar 3, 2026

    Source Crexi

    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 Acclaimed Realty

    HighLights

    • Prime location on high‑visibility Lorain Avenue in Ohio City, a rapidly evolving district.
    • Substantial 40,000 square foot structure suitable for adaptive reuse, redevelopment, or continued commercial operation.
    • Large contiguous land area of just under one acre comprising seven parcels.
    • Historically significant property, home to Fridrich Bicycle Shop since 1883.
    • Rare opportunity to acquire an iconic commercial property offered for the first time.
    • Benefits from strong surrounding retail, residential density, and ongoing investment.

    Overview

    Offered for the first time, the property at 3800 Lorain Avenue is a commercial property in Ohio City. This property has been home to the Fridrich Bicycle Shop since 1883, and has been a cornerstone of the neighborhood for over 140 years. The property comprises seven contiguous parcels totaling just under one acre, positioned along the high-visibility Lorain Avenue corridor. The existing structure encompasses approximately 40,000 square feet, providing scale for adaptive reuse, redevelopment, or continued commercial operation. The site benefits from strong surrounding retail, residential density, and ongoing investment throughout Ohio City. The property is located in one of Cleveland’s dynamic districts. The property offers scale, frontage, and historical significance and could be used as a mixed-use redevelopment, creative commercial conversion, or preservation of a long-standing business legacy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fridrich Bicycle (Bike/Boat/Book/etc) Store

    Suggested Use

    Accounting Firm Tech Support Center Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Car Rental Facility Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7121497
    Latitude
    41.4809359

    FAQs

    What type of property is this?
    Mixed-use property - Legacy property with redevelopment potential in a dynamic urban location.
    Where is this mixed-use property located?
    The property is located at 3800 Lorain Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Prime location on high‑visibility Lorain Avenue in Ohio City, a rapidly evolving district.; Substantial 40,000 square foot structure suitable for adaptive reuse, redevelopment, or continued commercial operation.; Large contiguous land area of just under one acre comprising seven parcels.
    More about this property
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