13030 Lorain Avenue Cleveland, OH $ 269,900
13030 Lorain Avenue
$ 269,900
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13030 Lorain Avenue

Cleveland, OH, 44111
$ 269,900
Baths0.0 Sq 4,440

Monthly Estimate*

$ 1,794

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Studio

Commercial Property for sale in Cleveland, OH

for $269,900. This 4,440 square foot building was built in 1926 on a lot size of 0.0918.

This exceptional commercial offering is located in the heart of Puritas Park, in Cleveland Ohio, and offers a unique opportunity to own a mixed-use property. The building features two ground-floor storefront units and four one-bedroom apartments on the upper floors all metered individually for gas and electric. The apartments are spacious, vacant, and ready to be renovated for short term rental or long term tenants. Tons of value-add opportunity. Potential monthly income of $6,400+ when renovated and fully occupied. The storefront units are currently vacant, but they would be ideal for a variety of businesses, such as a retail store, restaurant, or office. The building is located in a vibrant and walkable neighborhood, close to all of the amenities that Cleveland and Puritas Park has to offer. There are several restaurants, bars, and shops within walking distance, and the building is also within easy reach of public transportation. This is a rare opportunity to own a commercial building in a prime location. The property is in need of a full rehab. The left lower unit storefront has been white boxed and is nearly ready to rent. Seller finance will be considered for specific terms, contact agent for details.

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Commercial Active

Price

$ 269,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,504

Style

Lot Size

0.0918

Year Built

1926

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

4480465

Features
General
Sewer PublicSewer
Heating HotWater Steam
Possession DeliveryOfDeed
Roof Flat Rubber
Year Built 1926
Township Cleveland
Property SubType MixedUse
County Cuyahoga
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Settlement Prop Companys Lora
Garage Y/N N
Status Active
Directions W130th to Lorain Ave
City Cleveland
View Y/N N
Senior Community Y/N N
High School District Cleveland Municipal - 1809
Total Units 2
Waterfront Y/N N
Carport Y/N N
Street Name Lorain
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2504.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 291
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Property Sub Type Additional MixedUse
Legal Description 11 LOR VILL BLK 5 S/L 18 ALL 0007 ALL
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Interior
Basement CommonBasement
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4440.0
Street Suffix Avenue
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
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Exterior
Parking Features OnSite OnStreet
Water Source Public
Total Parking 5.0
Lot Size Area 0.0918
Number of Buildings 1
Spa N
Building Area Total 4440.0
Lot Size Acres 0.0918
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 13030
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* Excluded Features
List By
James Haddox

Listing Agent

Richfield Realty Group Llc

Broker

haddoxrealty@gmail.com

Email

Affordability Calculator

$2,003
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,794
Monthly Property Taxes
$209
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457612 Elementary School
4457721 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2024$269,900 -1.82% Price Down
11/23/2023$274,900 -5.17% Price Down
10/20/2023$289,900 -3.04% Price Down
8/21/2023$299,000 Listed Price

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13030 Lorain Avenue, Cleveland, OH, 44111 is a Commercial Property for sale at $269,900 with 4,440 sqft and a lot size of 0.0918. 13030 Lorain Avenue is a studio with 0.0 baths and was built in 1926. The property's zip code is 44111 which is in Cleveland, OH