Commercial Real Estate for Sale at 11204 Lorain Avenue in Cleveland, OH for $434,000

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11204 Lorain Avenue | Cleveland

$434,000 | 0.0 Sq. Ft.

Excellent investment opportunity! Nearly full occupied (one unit intentionally kept vacant for showing purposes). Building has two storefront that are fully occupied with long-term tenants and two apartment both with two bedrooms and 1 bathroom. Many updates to the building has been completed including new roof and tune up, newer windows, electrical, plumbing, gutter filter system installed, HWTs replaced, bathroom updates, newer doors \u0026 locks, air vent plumbing, paint, and much more. Both apartments recently fully renovated. Current gross monthly rent $2,910 / month; that is with one vacancy. Fully occupied, gross rent will exceed $4,000 / month. MLSNow 5112403

Directions to property: Lorain Ave and W 112th

MLS Listing ID: 
MLSNow 5112403
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$434,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Cleveland
Address: 
11204 Lorain Avenue, Cleveland, OH 44111
County: 
Cuyahoga
Latitude: 
41.4634330
Longitude: 
-81.7648910
Directions: 
Lorain Ave and W 112th
Public Remarks: 
Excellent investment opportunity! Nearly full occupied (one unit intentionally kept vacant for showing purposes). Building has two storefront that are fully occupied with long-term tenants and two apartment both with two bedrooms and 1 bathroom. Many updates to the building has been completed including new roof and tune up, newer windows, electrical, plumbing, gutter filter system installed, HWTs replaced, bathroom updates, newer doors \u0026 locks, air vent plumbing, paint, and much more. Both apartments recently fully renovated. Current gross monthly rent $2,910 / month; that is with one vacancy. Fully occupied, gross rent will exceed $4,000 / month.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Conger-Helper Realty Cos Lora
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1923
Living Area: 
0.0
Basement: 
Unfinished,Walk-Up Access,Walk-Out Access
Construction
Foundation Details: 
Basement
Roof: 
Flat
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
0.09
Lot Features
Parking Type: 
Concrete,Driveway,Detached,Garage,On Street
Total Parking Spaces: 
2
Fence: 
Back Yard,Wood
Public Record
Parcel Number: 
005-11-035
Annual Tax: 
$6,882.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Hamzah A Najar
Listing Office Name: 
Russell Real Estate Services

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