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Commercial Real Estate for Sale at 9815 Lorain Avenue in Cleveland, OH for $390,000

Listing data last changed 07/29/2026 - 2:36pm
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9815 Lorain Avenue | Cleveland

$390,000 | 0.0 Sq. Ft.

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\u0027s major commercial corridors.\r\nThe approximately 6,800-square-foot building offers four separate units, including two street-level storefronts and two spacious second-floor suites with private entrances.\r\nA 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.\r\nCombining 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. MLSNow 5217073 Directions to property: West of West 98th, East of W 117th

MLS Listing ID: 
MLSNow 5217073
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$390,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Cleveland
Address: 
9815 Lorain Avenue, Cleveland, OH 44102
County: 
Cuyahoga
Latitude: 
41.4673250
Longitude: 
-81.7513860
Directions: 
West of West 98th, East of W 117th
Public Remarks: 
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\u0027s major commercial corridors.\r\nThe approximately 6,800-square-foot building offers four separate units, including two street-level storefronts and two spacious second-floor suites with private entrances.\r\nA 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.\r\nCombining 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.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Jordan
Building Details
Details about the building on a property.
Year Built: 
1928
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
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.13
Lot Size (Area): 
0.13
Lot Features
Parking Type: 
Direct Access,Electric Gate,Parking Lot
Public Record
Parcel Number: 
017-01-015
Annual Tax: 
$7,365.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Disclosures: 
Owner Is Listing Agent,Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Century 21 Homestar

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