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4134-4136 Lorain Ave 4,888 SF Retail Building Cleveland, OH 44113 $349,000 ($71.40/SF)
Investment Highlights
- Prime Location – 4,888 SF mixed-use building with basement, located in the heart of highly desirable Ohio City.
- Value-Add Opportunity – Full rehab potential, ideal for investors or operators seeking to reposition into a high-performing asset.
- Redevelopment Potential Upstairs – Upper level suited for residential apartments or modern office space.
- Walkable Urban Core – Surrounded by top bars, restaurants, boutique shops, and thriving local businesses in one of Cleveland’s most pedestrian-friendl
- Flexible First Floor Use – Perfect for a restaurant, salon, boutique retail, coffee shop, or fitness studio.
- Dynamic Submarket – Positioned in one of Cleveland’s fastest-growing and most vibrant submarkets, attracting strong demand from residents and business
Executive Summary
Located in the heart of Ohio City, this 4,888 SF mixed-use building with basement offers a prime value-add opportunity in one of Cleveland’s most walkable neighborhoods. Surrounded by popular bars, restaurants, and local businesses, the property is ideal for a full rehab. The first floor is well-suited for a restaurant, retail, coffee shop, salon, or fitness studio, while the upper level can be redeveloped as residential or office space. A rare chance to reposition a character-rich building in one of Cleveland’s most dynamic submarkets.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,888 SF
Building Class
C
Year Built
1900
Price
$349,000
Price Per SF
$71.40
Tenancy
Single
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.12 AC
Zoning
LR - Local Retail
Frontage
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 003-35-070 | Improvements Assessment | $82,460 |
| Land Assessment | $14,770 | Total Assessment | $97,230 |
Property Taxes
Parcel Number
003-35-070
Land Assessment
$14,770
Improvements Assessment
$82,460
Total Assessment
$97,230
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4134-4136 Lorain Ave
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