Listed by Cushman & Wakefield | CRESCO Real Estate, Cushman & Wakefield CRESCO Real Estate
$750,000
3308 Lorain Avenue
Details
APN 003-36-054
Property Type Retail, Office
Sub Type Storefront
Square Footage 4,749
Tenancy Vacant
Class B
Year Built 1953
Year Renovated 2020
Stories 1
Acreage 0.380
Zoning LR - Local Retail
Parking Spaces 20 spaces
Parking Per SqFt 4.21
Investment Type Owner/User
Retail | 4,749 SqFt
Investment highlights
- Rare Ohio City Opportunity with On-Site Parking — One of the few properties on Lorain Avenue offering a dedicated parking lot with 18 surface spaces (and 2 garage spaces), a significant competitive advantage in this dense urban corridor
- Flexible Retail or Office Use — 4,749 SF single-story brick building currently built out as office with a full kitchen; easily convertible to retail, restaurant, or service use under LR – Local Retail zoning
- Prime Lorain Avenue Frontage with Strong Traffic — Positioned along one of Ohio City’s most active corridors with 11,183 vehicles per day, offering exceptional visibility and access with two curb cuts
- Surrounded by Ohio City’s Best — Walkable to West Side Market, Planet Fitness, Lutheran Hospital, and an established mix of restaurants, fitness, and retail tenants that drive consistent foot traffic to the submarket. Great visibility along the heavily trafficked Lorain Avenue
- Offered at $750,000 on 0.38 Acres — Competitively priced for an owner-user or investor seeking a rare freestanding building with parking in one of Cleveland’s most sought-after neighborhoods
- Property is located in an opportunity zone
Listing Contacts
Listed by Cushman & Wakefield | CRESCO Real Estate, Cushman & Wakefield CRESCO Real Estate
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