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4122 Lorain Ave
Cleveland, OH 44113
Retail Property For Sale
Investment Highlights
- Located within walking distance from Ohio City’s iconic W. 25th St
- Parking space is available on the rear portion of the parcel via Cyrano Court
- Ohio City has experienced strong residential growth with over 1,100+ new units
- Average household incomes of $101,764 within a 1-mile radius of site
- Traffic counts of 9,192 VPD (Source: ODOT TIMS)
Executive Summary
Rare 4,988 SF Building W/ Dedicated Parking For Sale in Ohio City!
» Ground floor retail space & a second floor 2-bedroom apartment (currently paying $2,000/mth)
» Ground floor retail space & a second floor 2-bedroom apartment (currently paying $2,000/mth)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,988 SF
Building Class
B
Year Built
1900
Price
$780,000
Price Per SF
$156.38
Percent Leased
100%
Building Height
2 Stories
Property Taxes
| Parcel Number | 003-35-071 | Improvements Assessment | $95,690 |
| Land Assessment | $14,770 | Total Assessment | $110,460 |
Property Taxes
Parcel Number
003-35-071
Land Assessment
$14,770
Improvements Assessment
$95,690
Total Assessment
$110,460
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