8301 Lake AvenueCleveland, OH 44102

8301 Lake AvenueCleveland, OH 44102

1/17 Virtual Tour Fullscreen
$179,000 Active
Commercial - Business MLS 5190534

Listed By

Agency Name: Howard Hanna
Agency Contact: gregfusco@howardhanna.com, 216-308-4818

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

IDX logo

TOUR PROPERTY

Choose a date and time to see 8301 Lake Avenue, Cleveland, OH 44102.
An agent will get in touch to confirm your request shortly.

Choose your video chat app
Request a Showing
  • Monday March 16
  • Tuesday March 17
  • Wednesday March 18
  • Thursday March 19
  • Friday March 20
  • Saturday March 21
  • Sunday March 22
  • Monday March 23
  • Tuesday March 24
  • Wednesday March 25
  • Thursday March 26
  • Friday March 27
  • Saturday March 28
  • Sunday March 29
  • Monday March 30
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Property Description

Incredible mixed-use opportunity perfectly positioned between the vibrant Detroit Shoreway and Gordon Square Arts District corridor and the charming Clifton Baltic neighborhood. This property offers the ideal canvas for an entrepreneur, investor, or owner occupant looking to bring a vision to life. The first-floor commercial space is ready to be reimagined and would be perfect for a boutique, gallery, studio, or small business. The two-story main residential space offers a blank canvas for design and renovation while there is also a finished studio apartment at the rear of the building that provides immediate potential for rental income or additional revenue. Step outside and enjoy unbeatable proximity to some of Cleveland's best amenities. Just minutes from Edgewater Park, Downtown Cleveland, and the heart of Gordon Square, you are surrounded by award winning restaurants, local shops, theaters, and lakefront recreation. Public transit access and major freeways keep the entire city within easy reach. Whether you are seeking a renovation project with strong upside or a strategically located investment in one of Cleveland's thriving districts, this property offers exceptional potential in a highly desirable location.

8301 Lake Avenue | MLS# 5190534

This commercial property located at 8301 Lake Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $179,000. Lake Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Days on Market: 2
Heating: Forced Air, None
Lot Size: 0.09 Acres
Taxes: $3,713 / year
Year Built: 1900

Feature Descriptions

Parcel#: 001-09-069
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 8301 Lake Avenue, Cleveland, OH 44102
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau