Listed by Jamie Samaha of Howard Hanna (jamiesamaha@howardhanna.com,216-925-2063)
EXCEPTIONAL mixed-use investment opportunity in this well-maintained corner property offering strong income potential and multiple revenue streams!! ***The first level consists of an open-concept commercial storefront with outstanding visibility along a high-traffic corridor, making it ideal for retail, showroom, office, or service-based businesses. It consists of approx 2200 SF space with a kitchen, private bathroom, and additional storage. Amazing potential and value-add, currently used as a storage area, this store front can easily be rented out for $4000/month. ***The second floor consists of three fully remodeled residential apartments, providing immediate income; 3 beds (generating $1300/m) 2beds (generating $1100/m), and 1 bed (generating $700/m), each featuring updated kitchens with shaker cabinetry, granite countertops, modern bathrooms, updated flooring, recessed lighting, and contemporary finishes throughout. Seperate HWT, Separate furnaces , Tenants pay all utilities. ***Additional features include: New roof - New windows - New Hot water Tanks - Newer Furnaces - central Air New Electric panels Large corner lot with excellent street presence Private rear parking area Separate entrances for commercial and residential tenants Updated interiors throughout High-visibility location with strong daily traffic counts Excellent opportunity for investors or owner-occupants seeking live/work or income-producing property Whether you're expanding your investment portfolio or looking for a property that combines commercial income with renovated residential units, this versatile mixed-use building offers exceptional value and long-term upside.

Listing Tools

Property Details of 11723 Lorain Avenue

Property Details

Interior Features

Utilities and Appliances

Community

Map Location

Based on information submitted to MLS Now as of June 27, 2026 8:22 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Jesse Allison Team. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.