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3404 Lorain Ave

4,032 SF 100% Leased Office Building Cleveland, OH 44113 $1,250,000 ($310/SF) 7% Cap Rate

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3404 Lorian Avenue_Cleveland Ohio_V3

Property Facts

Sale Type

Investment

Property Type

Office

Property Subtype

Office/Residential

Building Size

4,032 SF

Building Class

B

Year Built/Renovated

1930/2022

Price

$1,250,000

Price Per SF

$310

Cap Rate

7%

NOI

$87,500

Percent Leased

100%

Tenancy

Multiple

Building Height

3 Stories

Typical Floor Size

1,344 SF

Building FAR

0.25

Lot Size

0.37 AC

Opportunity Zone

Yes

Zoning

Commercial

Parking

2 Spaces (0.5 Spaces per 1,000 SF Leased)

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3404 Lorain Ave, Cleveland, OH - aerial map view - Image1

3404 Lorain Ave, Cleveland, OH - aerial map view - Image2

Walk Score®

Walker's Paradise (92)

Bike Score®

Very Bikeable (74)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	003-36-058	Improvements Assessment	$145,250
Land Assessment	$6,160	Total Assessment	$151,410

PROPERTY TAXES

Parcel Number

003-36-058

Land Assessment

$6,160

Improvements Assessment

$145,250

Total Assessment

$151,410

(216) 218-0259

Contacts

Terry Coyne
Claire Coyne
Newmark

Listing ID: 30474148
Date on Market: 12/28/2023
Last Updated:
Address: 3404 Lorain Ave, Cleveland, OH 44113

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3404 Lorain Ave, Cleveland, OH for sale Primary Photo- Image 1 of 19 — Primary Photo

3404 Lorain Ave, Cleveland, OH for sale Building Photo- Image 2 of 19 — Building Photo

3404 Lorain Ave, Cleveland, OH for sale Building Photo- Image 3 of 19 — Building Photo

3404 Lorain Ave, Cleveland, OH for sale Building Photo- Image 4 of 19 — Building Photo

3404 Lorain Ave, Cleveland, OH for sale Building Photo- Image 5 of 19 — Building Photo

3404 Lorain Ave, Cleveland, OH for sale Lobby- Image 6 of 19 — Lobby

3404 Lorain Ave, Cleveland, OH for sale Lobby- Image 7 of 19 — Lobby

3404 Lorain Ave, Cleveland, OH for sale Interior Photo- Image 8 of 19 — Interior Photo

3404 Lorain Ave, Cleveland, OH for sale Interior Photo- Image 9 of 19 — Interior Photo

3404 Lorain Ave, Cleveland, OH for sale Interior Photo- Image 10 of 19 — Interior Photo

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3404 Lorain Ave, Cleveland, OH for sale Interior Photo- Image 12 of 19 — Interior Photo

3404 Lorain Ave, Cleveland, OH for sale Interior Photo- Image 13 of 19 — Interior Photo

3404 Lorain Ave, Cleveland, OH for sale Interior Photo- Image 14 of 19 — Interior Photo

3404 Lorain Ave, Cleveland, OH for sale Interior Photo- Image 15 of 19 — Interior Photo

3404 Lorain Ave, Cleveland, OH for sale Building Photo- Image 16 of 19 — Building Photo

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