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16100 Lorain Ave 28,794 SF 100% Leased Retail Building Cleveland, OH 44111 $3,658,246 CAD ($127.05 CAD/SF)
Investment Highlights
- Excellent redevelopment opportunity or leasing opportunity for your business!
- Within 1-mile of the Cleveland Clinic Fairview Hospital located at 18101 Lorain Ave (w/ $2.475 B in revenue in 2024 via ahd.com) is a 488-bed communit
- Population of 136,226 people in a 3 mile drive radius, and daytime population of 136,226 people in a 3 mile radius
- Located within an 8-minute drive from the Cleveland Hopkins International Airport and 15-minute drive from downtown Cleveland
- Strong traffic counts of 13,954 VPD (Source: ODOT) along Lorain Ave with nearby access to Rocky River Dr (15,881 VPD) and W 150th St (29,679 VPD)
- Impressive Average Household Incomes nearby
Executive Summary
±28,794 SF former auto dealership (Ganley Ford West) available for sale or for lease on ±2.46 AC, additional land opportunity available
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
28,794 SF
Building Class
C
Year Built
1948
Price
$3,658,246 CAD
Price Per SF
$127.05 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
2.46 AC
Zoning
LR - Local Retail District
Parking
224 Spaces (7.78 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 28,794 SF
- Retail
- Outparcel
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 28,794 SF | Retail | Outparcel | 30 Days |
1st Floor
| Size |
| 28,794 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 30 Days |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 025-17-033 | Improvements Assessment | $488,570 CAD |
| Land Assessment | $206,858 CAD | Total Assessment | $695,428 CAD |
Property Taxes
Parcel Number
025-17-033
Land Assessment
$206,858 CAD
Improvements Assessment
$488,570 CAD
Total Assessment
$695,428 CAD
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16100 Lorain Ave
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