6318 Lorain Avenue, Cleveland, OH 44102
sale
$99,500
|
Other
Courtesy Of Coldwell Banker Schmidt Realty
Prime Commercial Investment Opportunity in Rapidly Redeveloping Corridor! Unlock the potential of two adjoining commercial properties on a high-visibility corner in the heart of Cleveland's exciting redevelopment zone. Welcome to 6318 Lorain Ave, formerly home to the long-standing Carey Funeral Home. This landmark 3,090 sq ft colonial-style building offers a versatile mix of commercial and residential space. The first floor houses the former funeral home with spacious rooms and two full baths, while the upper level features a full living area complete with four bedrooms, a living room, dining room, kitchen, and office-ideal for owner-occupancy, rental income, or future conversion. The basement includes a laundry area, half bath, and additional storage. Outside, you'll find a concrete parking lot with multiple access points beyond Lorain Ave, a wheelchair ramp, a covered back deck, and generous on-site parking. Located across from a city recreation center with playing fields and basketball courts, and near the Lorain M-Tain station with a planned bike lane, this property is ideally positioned for foot traffic, visibility, and long-term growth. The neighboring property at 6330 Lorain Ave (former clinic) is also available, and the seller prefers to sell both in a package-an exceptional opportunity to expand your footprint in a thriving commercial corridor. Whether you're looking to launch a business, develop a mixed-use project, or add a unique income property to your portfolio, this offering delivers unmatched value and potential. Don't miss your chance-schedule a showing today! Serious inquiries with proof of funds/pre approval...No owner financing.
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Property Features
- Age: Over 50 Years Old
- Heating System: Forced Air
- Legal Description: 33 HOYT S/L 157 EP 0156 WP
- MLSID: 5120527
- Rooms: Basement
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