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6318 Lorain Ave
Cleveland, OH 44102
Office Property For Sale

Investment Highlights
- High ceilings and original architectural details, including hardwood floors (under carpet) and a fireplace.
- High-traffic, highly visible location along Lorain Avenue.
Executive Summary
Check out this amazing opportunity. This former home turned commercial property (circa 1920) in Cleveland’s Eco Village enclave is primed for redevelopment. Restore the hardwood floors beneath the carpet, activate the original fireplace and remake this structure to launch your next venture. Tons of space here with high ceilings. Property currently offers dual access from Lorain Avenue and Aspen Court off W 65 St. that dumps into a large parking lot on the north side of the structure. The adaptive reuse options are numerous here including mixed-use residential, live/work space, boutique office, medical, restaurant (think Larchmere Boulevard:-), bed-n-breakfast or small inn and more! The high traffic location is prime territory as the redevelopment of the Lorain Avenue Commercial Historic District has now pushed west of the RTA Redline station at W. 61st Street & Lorain Ave. Newest additions to the merchant landscape include Visible Voice Books, MetroHealth Ohio City Health Center, Imposters Theater, Cents Pizza, Green Wave Café, The Judith and Mistake by the Lake Records. Cleveland’s Midway plan is in the works as well and would not only enhance the natural and aesthetic environment on corridor but also improve safety for people walking, riding a bike, driving, or taking the bus on Lorain Avenue between W. 20th & W. 65th Streets. Superb transit, walk and bike-ability. Minutes from Edgewater Park, Gordon Square Arts and Market Square Districts, and steps away from the newer Redline Greenway trail that stretches to Rivergate Park and the Towpath Trail in Tremont. Make your move and secure a part of Cleveland’s future now!
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
3,090 SF
Building Class
C
Year Built
1920
Price
$132,105 CAD
Price Per SF
$42.75 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,545 SF
Building FAR
0.55
Lot Size
0.13 AC
Zoning
LR
Property Taxes
| Parcel Number | 002-27-005 | Improvements Assessment | $49,254 CAD |
| Land Assessment | $5,840 CAD | Total Assessment | $55,095 CAD |
Property Taxes
Parcel Number
002-27-005
Land Assessment
$5,840 CAD
Improvements Assessment
$49,254 CAD
Total Assessment
$55,095 CAD
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