15200 Lorain Ave Cleveland, OH 44111
- Auto shops
- 13,333 SF
- 1.04 lot acres
Current Use by Public Records
- Lakewood Acceptance Corporation / Loan Agency
- Byrider Cleveland / Used Truck Dealer / Auto Repair Shop
Property Details for 15200 Lorain Ave
- Year built
- 1963
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.04 lot acres
- Property size
- 13,333 SF
- Zone code
- LR
- Property type
- Auto shops
- APN
- 025-24-023
- APU
- 2524023
Description
Exceptional redevelopment opportunity in Cleveland's vibrant Kamm's Corners District. This vacant, 34,250 square foot retail property, situated on a 2.47-acre lot at 15200 Lorain Ave, Cleveland, OH 44111, presents significant potential. The property features two buildings, constructed in 1963 and renovated in 2018, boasting 3-phase/480 amp power, nine drive-ins ranging from 8' to 14' in height, and 14' clear height in the warehouse space. The existing structure includes 3,975 square feet of office and showroom space, plus an additional 2,233 square feet of second-floor office space. The LR-C2 (Local Retail Business District) zoning permits a wide range of retail uses (excluding automotive). The high-traffic location, with 14,000 vehicles passing daily on Lorain Road, and its proximity to I-77 (one mile, three-minute drive), makes this an ideal site for a mixed-use development. The property includes approximately 55,000 square feet of paved parking. APN numbers are 02524030, 02524029, 02524027, and 02524023. This is a rare chance to acquire a substantial property in a thriving commercial district.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.8038
- Latitude
- 41.4529
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
