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9815 Lorain Avenue
Cleveland, OH 44102

$399,000 - Status: Active
MLS# 5217073

9815 Lorain Avenue presents a rare opportunity to acquire a landmark mixed-use investment property generating approximately $4,300 per month ($51,600 annually) in gross rental income. Formerly the historic Cleveland Trust Bank Building, this architecturally significant property showcases stunning original details, solid brick and steel construction, and a highly visible location along one of Cleveland's major commercial corridors. The approximately 6,800-square-foot building offers four separate units, including two street-level storefronts and two spacious second-floor suites with private entrances. A comprehensive renovation completed in 2007 included updated plumbing, electrical systems, drywall, and flooring, providing a solid foundation for long-term ownership. The property has been well maintained and features multiple powder rooms, two kitchenettes, a large full basement for storage and a secure gated parking lot. Combining historic character, stable income, flexible occupancy options, and significant investment potential, 9815 Lorain Avenue offers a unique opportunity for investors, owner-users, or those seeking a distinctive mixed-use asset in a growing Cleveland market.

Property Features

MLS#: 5217073
Zip: 44102
Subdivision: Jordan
Development: Cleveland
Property Type: Commercial - Business
Cooling: Central Air
Days on Site: 44
Heating: Forced Air
Lot Size: 0.13 acres
Taxes: $7,365 / year
Year Built: 1928

Feature Descriptions

Parcel#: 017-01-015
Parking: Direct Access, Electric Gate, Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

9815 Lorain Avenue | MLS# 5217073

This commercial property located at 9815 Lorain Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $399,000. Lorain Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Century 21 Homestar
Agency Contact: petersold@gmail.com, 216-235-8297

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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