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5718 Lorain AVE Cleveland, OH 44102
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Key Details
Sold Price $95,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $59
Subdivision James M Hoyts Allotment
MLS Listing ID 4382351
Sold Date 08/26/22
HOA Y/N No
Abv Grd Liv Area 1,600
Year Built 1900
Annual Tax Amount $1,061
Lot Size 3,301 Sqft
Acres 0.0758
Property Description
Great Opportunity on Lorain Avenue! This building is zoned commercial storefront and residential second floor. The building is gutted to the studs and is set for open floor plan on both floors.
Be part of the next stretch of Lorain Avenue development from West 50th to West 58th. Lorain Avenue has grown dramatically from West 25th to West 50th. This original wooden A Frame building sits alone on a large block. Property directly to the east is owned by Cleveland Landbank and positions itself perfectly for development. Property directly west potentially slated for residential development.
Neighbors to EcoVillage to the north
West 65th corridor to Lake Erie just up the street.
Successful retail store set to be opening at West 53rd and Lorain
Eligible for StoreFront Renovation program rebate with Cleveland
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Gas, None
Cooling None
Fireplace No
Laundry None
Exterior
Parking Features None
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 002-31-003
Financing Cash
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Bought with Kyle M Lawrence • Keller Williams Citywide