12524 Lorain Cleveland, OH ^$ 139,900

12524 Lorain

^$ 139,900

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12524 Lorain

Cleveland, OH, 44111

^$ 139,900

Studio Baths0.0

Monthly Estimate*

^$ 930

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Studio

Commercial Property for sale in Cleveland, OH

for $139,900. This building was built in 1924 on a lot size of 0.0813.

Currently Not Operating Looking for fast reasonable sale Building+ Business, Cash, Conventional, POSSIBLE Lease Option, Rent to Own. D5 liquor permit in process of renewal. It is currently being used as a bar on the 1st floor and the second floor apartment was converted into a lounge are fr the bar. This property is currently owner occupant 100%.

Commercial Active

Price

^$ 139,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,546

Style

Lot Size

0.0813

Year Built

1924

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5011985

Features

General

Sewer PublicSewer

Heating Gas HotWater Steam

Possession Other

Roof Asphalt Fiberglass

Year Built 1924

Township Cleveland

Property SubType MixedUse

Tax Year 2023

Current Use Commercial

Business Type BarTavernLounge

County Cuyahoga

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Subdivision Name Lennox Park Allotment

Garage Y/N N

Status Active

Directions On Lorain avenue and W.125

City Cleveland

View Y/N N

Senior Community Y/N N

High School District Cleveland Municipal - 1809

Zoning Description Commercial

Waterfront Y/N N

Carport Y/N N

Street Name Lorain

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1546.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 34

Building Area Units SquareFeet

Standard Status Active

Middle/Junior School District Cleveland Municipal - 1809

Elementary School District Cleveland Municipal - 1809

Property Sub Type Additional MixedUse

Legal Description 11 LENOXPK 0342 ALL

Exterior

Water Source Public

Lot Size Area 0.0813

Spa N

Building Area Total 2357.0

Lot Size Acres 0.0813

Lot Size Units Acres

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Electric On Property Y/N N

Main Level Bathrooms 0

Total Baths 0

Living Area Units SquareFeet

Internal Only

Street Number 1 12524

* Excluded Features

List By

Thomas A Weigel Jr.

Listing Agent

Eagent Real Estate Corp.

Broker

eagentoffice@gmail.com

Affordability Calculator

$1,059

Per Month

Monthly Principal & Interest: $930
Monthly Property Taxes: $129
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Cleveland, OH

Average List Price ^$784,254

Percent of Sale Price 461%

About Cleveland, OH

372,504 Population

-22% Since 2002

^$27,719 Median Income

37.02 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457612 Elementary School

4457721 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/3/2024	$139,900	-20.01%	Price Down
1/17/2024	$174,900		Listed Price

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12524 Lorain, Cleveland, OH, 44111 is a Commercial Property for sale at $139,900 with a lot size of 0.0813. 12524 Lorain is a studio with 0.0 baths and was built in 1924. The property's zip code is 44111 which is in Cleveland, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/2/2024.

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12524 Lorain

Commercial Property for sale in Cleveland, OH

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