$99,500

6318 Lorain Avenue, Cleveland, OH 44102

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,999sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Listing Office:
Coldwell Banker Schmidt Realty : 440-327-2123
Listing Agent:
Christopher A Frederick : 216-210-7653
MLS ID:
5120527
  • Basement: Partial
  • Heating: Forced Air
  • Originating MLS: NOWDD
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 33 HOYT S/L 157 EP 0156 WP002-27-005
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD

This listing courtesy of Christopher A Frederick, Coldwell Banker Schmidt Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Joseph M. Gallagher School

6601 Franklin Blvd, Cleveland, OH, 44102

Grades PK-8

0.42 miles away

J

Joseph M. Gallagher School

6601 Franklin Blvd, Cleveland, OH, 44102

Grades PK-8

0.42 miles away

M

Max S. Hayes High School

2211 W 65th St, Cleveland, OH, 44102

Grades 9-12

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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