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    3801 Lorain Ave Cleveland, OH 44113

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    3801 Lorain Ave Cleveland, OH 44113


    • Retail space
    • 416 SF
    • 0.11 lot acres
    Off-Market
    Last Sale Oct 8, 2024
    $110,000
    Property ID
    US66-1295975
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 3801 Lorain Ave

    Year built
    1965
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    416 SF
    Zone code
    LR
    Property type
    Retail space
    APN
    007-05-008
    APU
    705008

    Description

    This exceptional 853-square-foot commercial property, located at 3801 Lorain Avenue in Cleveland, Ohio, presents a unique redevelopment opportunity in a rapidly growing area. The single-story building sits on a 0.206-acre lot and is zoned LR-D3, offering versatility for various retail or office uses. Its prime location in Ohio City provides excellent walkability to numerous attractions, including the West Side Market, Pins Mechanical Co, INTRO Cleveland, and Great Lakes Brewing Company, all situated on West 25th Street. Furthermore, the property benefits from convenient access to I-90, providing easy connectivity to Downtown Cleveland and the vibrant Lakewood neighborhood. Downtown Cleveland itself boasts a wealth of amenities, including three professional sports teams, Jack Casino, the Great Lakes Science Center, and the Rock and Roll Hall of Fame. This property is also available for purchase alongside the adjacent multi-family property at 3815 Lorain Avenue, presenting a compelling investment opportunity. The property's APN is 00705007, 00705008. This is a rare chance to acquire a well-situated commercial space in a thriving Cleveland neighborhood. The asking price is $150,000.


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    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.712
    Latitude
    41.4806
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,910
    $8,750
    $12,250
    $21,000
    -
    $25,000
    $35,000
    $60,000
    More about this property
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