9815 Lorain Avenue, Cleveland, OH 44102

sale $399,000 | Commercial-Other

Listed By CENTURY 21 HomeStar

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's major commercial corridors. The approximately 6,800-square-foot building offers four separate units, including two street-level storefronts and two spacious second-floor suites with private entrances. A 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. Combining 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.

Property Features

Age: Over 50 Years Old
Building Area: 6804.00 SF
Cross Docks: N
For Auction: N
Heating Type: Forced Air
Lot Size In Text: 5741 Sq. Ft.
MLSID: 5217073
Parking Places: 0
Price Upon Request: N
Sewer: Public
Style: Other Style
Sublease: N
Taxes: $7365.00
Year Built: 1928

9815 Lorain Avenue, Cleveland, OH 44102

Property Features

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