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15200 Lorain AveCleveland, OH 44111

Prime Retail Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional redevelopment opportunity in Cleveland's vibrant Kamm's Corners District. This vacant, 34,250 square foot retail property, situated on a 2.47-acre lot at 15200 Lorain Ave, Cleveland, OH 44111, presents significant potential. The property features two buildings, constructed in 1963 and renovated in 2018, boasting 3-phase/480 amp power, nine drive-ins ranging from 8' to 14' in height, and 14' clear height in the warehouse space. The existing structure includes 3,975 square feet of office and showroom space, plus an additional 2,233 square feet of second-floor office space. The LR-C2 (Local Retail Business District) zoning permits a wide range of retail uses (excluding automotive). The high-traffic location, with 14,000 vehicles passing daily on Lorain Road, and its proximity to I-77 (one mile, three-minute drive), makes this an ideal site for a mixed-use development. The property includes approximately 55,000 square feet of paved parking. APN numbers are 02524030, 02524029, 02524027, and 02524023. This is a rare chance to acquire a substantial property in a thriving commercial district.

Highlights

  • Retail or mixed-use redevelopment opportunity.
  • Approx. 55,000 SF paved parking lot.
  • Warehouse features 3-phase 480-amp power, nine drive-in doors (8'-14' high), and 14' clear height; includes 3,975 SF of office/showroom space plus 2,233 SF of second-floor office space.
  • High traffic count: 14,000 vehicles per day on Lorain Rd.
  • Excellent freeway access: 1 mile (3-minute drive) to I-77.
  • Located in the desirable Kamm's Corners district.

Property Details for 15200 Lorain Ave

Property type
Retail properties, Retail space
Square Feet
34,250 SF
Class
C
Year Built/Renovated
1963/2018
Buildings
2
Lot Size (sq. ft)
107,593 SF

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4531396
Longitude
-81.8035193
15200 Lorain Ave, Cleveland, Ohio

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15200 Lorain Ave
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