14747 Lorain Avenue

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14747 Lorain Avenue

cleveland, OH 44111
Asking Price
$2.53M
Asset Type
Retail
Class
Class B

What's Special

14747 Lorain Avenue is situated in the West Park neighborhood of Cleveland, positioned along a primary commercial corridor. The property benefits from high visibility and consistent vehicle traffic between the Kamms Corners district and the city’s western suburbs. The immediate area features a dense mix of local businesses, national retailers, and residential housing. Commuters have access to the site via several RTA bus lines, and the property is located approximately two miles from the Interstate 480 and Interstate 71 interchange, providing connectivity to the regional highway network and Cleveland Hopkins International Airport. The building’s layout and street-front presence make it suitable for a variety of retail or service-oriented businesses. Ideal use cases include boutique shops, professional service offices, or small-scale specialized showrooms. The location typically attracts local entrepreneurs or established regional tenants seeking to serve the stable residential population of the West Park and Puritas-Longmead areas. High walkability scores in the surrounding blocks support businesses that rely on both neighborhood foot traffic and drive-by exposure.

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NOI
$80,000
Cap Rate
3.16%
DSCR
0.53
Underwater
Cash-on-Cash
-9.26%
Monthly Payment
$12,533.549
Annual Cash Flow
$-70,402.593

Location & Travel Times