7415 Lorain Ave, Unit 7635 Cleveland, OH 44102

Property Details for 7415 Lorain Ave

Year built

2010

Construction

TYPE NOT SPECIFIED

Lot size

1.62 lot acres

Property size

11,010 SF

Zone code

LR

Property type

Office buildings

APN

006-07-097

APU

607097

Description

This exceptional 10,893-square-foot Class B medical office building presents a unique investment opportunity in Cleveland, Ohio. Located at 7415 Lorain Avenue, this single-story, 2009-constructed building sits on a prominent corner lot at the signalized intersection of Lorain Avenue and West 73rd Street, boasting high visibility and accessibility. The property benefits from a nearby traffic count of 9,074 vehicles daily and convenient public transit access directly in front. The building features an attractive brick façade and well-maintained landscaped grounds. Ample parking is available with two adjacent surface lots, one of which is gated, ensuring convenience for staff, patients, and visitors. The building is zoned for commercial use and is currently offered for sale at $2,100,000, translating to a price per square foot of $192.78. This NNN-leased property presents an excellent opportunity for medical practices or other office users seeking a well-located and functional space to serve the near west side of Cleveland. The building's former use as a Social Security Administration building speaks to its structural integrity and suitability for a variety of office configurations. The single-tenancy setup offers flexibility and control for the new owner. This is a turnkey opportunity in a high-traffic area with excellent visibility and ample parking. The property is owned by Tanenbaum Equity Partners.

Location Insight

City

Cleveland

County

Cuyahoga

State

Ohio

Longitude

-81.7359

Latitude

41.4724

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments