About This Home

This 0-bedroom, 0-bathroom commercial at 9815 Lorain Avenue in Cleveland, OH is listed for $379,900. Built in 1928, on a 0.13 acres lot.

Key Features

  • Built in 1928
  • 0.13 acre lot

Property Details

1928

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$2,032/mo

20% down · 6.5% · 30 years

Principal$275
Interest$1,646
Insurance$111

Estimates only. Actual payments may vary.

Location

9815 Lorain Avenue

Cleveland, OH 44102

Jordan

Property Details

Parking

Parking Lot

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 9815 Lorain Avenue is listed at $379,900. The estimated monthly payment is $2,032 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1928, 0.13 acre lot.

This property is listed by Peter Spirollari.

PS

Peter Spirollari

License 2005002337

Agent at Northeast Ohio Realty LLC

Listed by Northeast Ohio Realty LLC · Broker phone: (440) 449-9100 · Broker website

MLS# 5217073· Source: MLS Now· 142 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

9815 Lorain Avenue, Cleveland, OH 44102

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