4134 Lorain Ave, Cleveland, OH, 44113

Highlights

• Prime Location – 4,888 SF mixed-use building with basement, located in the heart of highly desirable Ohio City.
• Walkable Urban Core – Surrounded by top bars, restaurants, boutique shops, and thriving local businesses in one of Cleveland’s most pedestrian-friendly neighborhoods.
• Value-Add Opportunity – Full rehab potential, ideal for investors or operators seeking to reposition into a high-performing asset.
• Flexible First Floor Use – Perfect for a restaurant, salon, boutique retail, coffee shop, or fitness studio.
• Redevelopment Potential Upstairs – Upper level suited for residential apartments or modern office space.
• Dynamic Submarket – Positioned in one of Cleveland’s fastest-growing and most vibrant submarkets, attracting strong demand from residents and businesses.
• Excellent Investment Potential – Rare chance to bring new life to a character-rich building and capture long-term appreciation.

Description

Located in the heart of Ohio City, this 4,888 SF mixed-use building with basement offers a prime opportunity in one of Cleveland’s most walkable and desirable neighborhoods. Surrounded by popular bars, restaurants, and thriving local businesses, the property is ready for a full rehab, giving investors the chance to transform it into a high-performing asset. The first floor is well-suited for a restaurant, salon, boutique retail, coffee shop, or fitness studio, while the upper level could be redeveloped as residential apartments or office space. This property is an excellent value-add opportunity for an experienced investor or operator looking to bring new life to one of Cleveland’s most dynamic submarkets.

Ohio City is one of Cleveland’s most vibrant and walkable neighborhoods, combining historic charm with a thriving mix of restaurants, bars, boutique shops, and local businesses. With a population of more than 19,000 residents and nearly 10,000 households in the immediate trade area, the neighborhood offers a dense and diverse customer base that supports strong demand for retail, dining, and wellness concepts. Its growing residential community, paired with steady visitor traffic and proximity to downtown, makes Ohio City an ideal location for investment and redevelopment.