9815 Lorain Avenue, Cleveland, OH 44102

Property 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.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 7:18AM

Listing Office:

Century 21 Homestar : 440-449-9100

Listing Agent:

Peter Spirollari : 216-235-8297

MLS ID:

5217073

Interior

• A/C: Central Air
• Heating: Forced Air

Exterior

• Parking: Direct AccessElectric GateParking Lot

Location

• Originating MLS: NOWDD_NORM
• School District: Cleveland Municipal - 1809
• County: Cuyahoga

Lot

• Zoning: 14 JORDAN 0013 ALL017-01-015
• Current Use: Mixed Use

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM