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$ 99,500
Est. payment /mo
New
6318 Lorain AVE Cleveland, OH 44102
3,998 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5120527
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,048
Tax Year 2023
Lot Size 3,998 Sqft
Acres 0.0918
Property Sub-Type Business
Property Description
Prime Commercial Investment Opportunity in Rapidly Redeveloping Corridor! Unlock the potential of two adjoining commercial properties on a high-visibility corner in the heart of Cleveland's exciting redevelopment zone. Welcome to 6318 Lorain Ave, formerly home to the long-standing Carey Funeral Home. This landmark 3,090 sq ft colonial-style building offers a versatile mix of commercial and residential space. The first floor houses the former funeral home with spacious rooms and two full baths, while the upper level features a full living area complete with four bedrooms, a living room, dining room, kitchen, and office—ideal for owner-occupancy, rental income, or future conversion. The basement includes a laundry area, half bath, and additional storage. Outside, you'll find a concrete parking lot with multiple access points beyond Lorain Ave, a wheelchair ramp, a covered back deck, and generous on-site parking. Located across from a city recreation center with playing fields and basketball courts, and near the Lorain M-Tain station with a planned bike lane, this property is ideally positioned for foot traffic, visibility, and long-term growth. The neighboring property at 6330 Lorain Ave (former clinic) is also available, and the seller prefers to sell both in a package—an exceptional opportunity to expand your footprint in a thriving commercial corridor. Whether you're looking to launch a business, develop a mixed-use project, or add a unique income property to your portfolio, this offering delivers unmatched value and potential. Don't miss your chance—schedule a showing today! Serious inquiries with proof of funds/pre approval...No owner financing.
Location
State OH
County Cuyahoga
Rooms
Basement Partial
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 002-27-005
Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com 216-210-7653