Address
11815 Lorain Avenue Cleveland, OH
Price
$ 400,000
Property Attributes
  • MLS#4235000
  • TypeCommercial
  • CountyCUYAHOGA
  • CityCleveland
  • AreaCle Between West Blvd & W 140th
  • NeighborhoodCrawford Land Co
  • Zip44111
  • StyleMixed Use
  • Year Built1924
  • Taxes1843
  • Price$ 400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage35000
  • Lot Size0.71 Acres
Listing Provided Courtesy Of:
Stevie Turner with FASS Management Real Estate
Property Description

The Variety Theatre Village is a mixed use building consisting of apartments, commercial storefronts and a theatre space, back to productive use. Currently underway is an upgrade to the buildings electrical system. The installation of the marquee canopy and vertical blade have been completed. The building is listed on the National Register of Historic places and the Variety Theatre Village is a centerpiece of the Lorain Avenue Master Plan. Recently completed is a $400,000 streetscape and parking lot. Cuyahoga County has approved a grant in the amount of $2.5 million dollars for the development of this project. There is currently a tax balance in the amount of $82,423.15 and a lien to Westown Development Corp in the amount of $85,000. Development Plan is required for the purchase of the asset. RFP for development is attached.

Price History
10/24/2020 Listed $400,000

General Features

Heating Hot Water, Steam
Location Historic Area
MLS Area Cle Between West Blvd & W 140th
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Subdivision Name Crawford Land Co
Township Cleveland-W/R

Interior Features

Above Grade Finished Area 35000
Basement Partial
Heating Y/N Yes
Living Area 35000

Exterior Features

Lot Size Acres 0.71
Lot Size Area 0.71
Lot Size Units Acres
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 44111

Price
AVG $480K
$400K
Taxes
AVG $5,115
$1,843
Visits
AVG 22
2
Year Built
AVG 1931
1924

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