9815 Lorain Avenue, Cleveland, OH 44102 (MLS # 5217073)

Price $399,000
Status Active
Size 6,804 sqft
Lot Size 5,742 sqft
Days on Market 2
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 Type(s): Commercial
Last Updated 6/8/2026 Tract Jordan
Year Built 1928 County Cuyahoga

Additional Details

AIR Central Air
AIR CONDITIONING Yes
HEAT Forced Air
LOT 5741 sq ft
PARKING Direct Access, Electric Gate, Parking Lot
SEWER Public Sewer
SUBDIVISION Jordan
TAXES 7365
WATER Public

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Ben Schafer to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by: Peter Spirollari | 216-235-8297, Century 21 Homestar, petersold@gmail.com, 216-235-8297

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).

Listing information is deemed reliable, but not guaranteed.

Data Last Updated: 6/9/26 7:52 PM PDT


neorex-disclaimer-logo

This IDX solution is (c) Diverse Solutions 2026.

Email a Friend
Like Us On Facebook
Facebook Pagelike Widget
Latest Real Estate