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15200 Lorain Ave
Cleveland, OH 44111
Redevelopment Opportunity | Kamm's Corners · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Retail or mixed-use redevelopment
- Building has 3-phase/480 amp power, 9 drive-ins (8'-14'), 14' clear in warehouse
- 14,000 VPD on Lorain Rd ; 1 mile (3 min) from I-77
- Currently +/- 55,000 sf of paved parking
- 3,975 SF office/ showroom + 2,233 SF 2nd floor office (remaining SF is warehouse)
- Located in Kamm's Corners District
EXECUTIVE SUMMARY
This 34,250 SF redevelopment opportunity in Cleveland's Kamm's Corners District offers prime potential for retail or mixed-use conversion. Renovated in 2018 and strategically located just 1 mile from I-77, the building is zoned for Local Retail Business District (LR-C2) and Pedestrian Retail Overlay (PRO). With its flexible layout and existing infrastructure, this property presents an excellent opportunity for redevelopment, making it ideal for a variety of projects.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
34,250 SF
Building Class
C
Year Built
1963
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
9 Exterior
Building FAR
0.32
Lot Size
2.47 AC
Zoning
LR-C2 - Local Retail Business District with Pedestrian Overlay
Frontage
50’ on LORAIN AVE
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $265,510 | |
| Land Assessment | $149,975 | Total Assessment | $415,485 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$149,975
Improvements Assessment
$265,510
Total Assessment
$415,485
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