10604 Lorain AveCleveland, OH 44111

Property Details for 10604 Lorain Ave

Year built

1988

Construction

TYPE NOT SPECIFIED

Lot size

15.30 AC

Property size (Sq ft)

70,200 SF

Zone code

SC

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

005-13-001

APU

513001

Description

Westown Square, located at 10604 Lorain Ave in Cleveland, Ohio (zip code 44111), offers a prime retail opportunity in Cuyahoga County. This multi-tenant commercial property boasts a total of 175,030 square feet and currently has two available suites totaling 5,750 square feet of vacant space. Individual suites range in size from a minimum of 2,250 square feet to a maximum contiguous space of 3,500 square feet, providing flexibility for various business needs. The property's strategic location in Cleveland offers excellent visibility and accessibility for customers. This is an exceptional chance to establish or expand your retail presence in a well-established commercial center. The property is classified as retail commercial space and is ready for immediate occupancy. Interested parties should inquire about lease terms and availability. The property's latitude and longitude coordinates are 41.464908 and -81.7599507 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $18,564,592

  6.5%

  $17,136,546

  7%

  $15,912,508

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,547,600

  Geo Method

  $16,547,600

• Alternative Use

  Use

  Valuation

  Residential

  $14,455,318

  Hospitality

  $13,240,994

  Educational

  $11,016,352

  Medical

  $11,395,221

  Retail

  $17,136,546

Location Insight

City

Cleveland

County

Cuyahoga

State

Ohio

Latitude

41.4659

Longitude

-81.7613

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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