Commercial Real Estate for Sale at 12816 Detroit Avenue in Lakewood, OH for $295,000

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12816 Detroit Avenue | Lakewood

$295,000 | 0.0 Sq. Ft.

Unlock the potential of 65 feet of prime Detroit Road frontage in central Lakewood! This property presents a unique opportunity for redevelopment or significant renovation. Zoned for Mixed use Apartments, office or retail use, it\u0027s an ideal candidate for a tear-down and new build, or a complete overhaul of the existing structure. One unit is currently occupied, it was setup as a 4 unit property at one point with 2 1 bedroom apartments, retail on the first floor of the house and offices upstairs. The property requires full rehabilitation but is currently up to code and benefits from a roof replacement done roughly two years ago (c. 2023). Newer front parking lot up to 6 cars and back fenced in lot with Garage. MLSNow 5117195

Directions to property: Northeast corner of Detroit and Thoreau

MLS Listing ID: 
MLSNow 5117195
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: 
$295,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Lakewood
Address: 
12816 Detroit Avenue, Lakewood, OH 44107
County: 
Cuyahoga
Latitude: 
41.4848430
Longitude: 
-81.7783480
Directions: 
Northeast corner of Detroit and Thoreau
Public Remarks: 
Unlock the potential of 65 feet of prime Detroit Road frontage in central Lakewood! This property presents a unique opportunity for redevelopment or significant renovation. Zoned for Mixed use Apartments, office or retail use, it\u0027s an ideal candidate for a tear-down and new build, or a complete overhaul of the existing structure. One unit is currently occupied, it was setup as a 4 unit property at one point with 2 1 bedroom apartments, retail on the first floor of the house and offices upstairs. The property requires full rehabilitation but is currently up to code and benefits from a roof replacement done roughly two years ago (c. 2023). Newer front parking lot up to 6 cars and back fenced in lot with Garage.
Community Information
School District: 
Lakewood CSD (Cuyahoga)- 1817
Subdivision: 
George Saals
Building Details
Details about the building on a property.
Year Built: 
1903
Living Area: 
0.0
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
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.24
Lot Size (Area): 
0.24
Lot Features
Parking Type: 
Driveway,Detached,Garage
Total Parking Spaces: 
12
Public Record
Parcel Number: 
312-32-001
Annual Tax: 
$4,198.26
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Dimitrios Gountis
Listing Office Name: 
Citiroc LLC

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