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Redevelopment Opportunity | Kamm's Corners 15200 Lorain Ave 34,250 SF Retail Building Cleveland, OH 44111 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.
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
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
Walk Score®
Very Walkable (72)
Nearby Major Retailers
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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Redevelopment Opportunity | Kamm's Corners | 15200 Lorain Ave
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