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3404 Lorain Ave 4,032 SF 100% Leased Office Building Cleveland, OH 44113 $1,250,000 ($310.02/SF) 7% Cap Rate

Office Spaces Ohio Cleveland 3404 Lorain Ave, Cleveland, OH 44113

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ATTACHMENTS

3404 Lorain Road Flyer

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,032 SF
Building Class
B
Year Built/Renovated
1930/2022
Price
$1,250,000
Price Per SF
$310.02
Cap Rate
7%
NOI
$87,500
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,344 SF
Building FAR
0.25
Lot Size
0.37 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
2 Spaces (0.5 Spaces per 1,000 SF Leased)
1 1
3404 Lorain Ave, Cleveland, OH - AERIAL map view - Image1
3404 Lorain Ave, Cleveland, OH - AERIAL map view - Image2
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 003-36-058 Improvements Assessment $180,285
Land Assessment $10,290 Total Assessment $190,575

PROPERTY TAXES

Parcel Number
003-36-058
Land Assessment
$10,290
Improvements Assessment
$180,285
Total Assessment
$190,575
(216) 218-0259

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Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 30474148

  • Date on Market: 12/28/2023

  • Last Updated:

  • Address: 3404 Lorain Ave, Cleveland, OH 44113

More public record information on 3404 Lorain Ave, Cleveland, OH 44113

The Ohio City Office Property at 3404 Lorain Ave, Cleveland, OH 44113 is currently available. Contact Newmark for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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3404 Lorain Ave
(216) 218-0259 x

3404 Lorain Ave

Terry Coyne
(216) 218-0259

Claire Coyne McCoy
(216) 453-3015

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