Drone / aerial view - 5333 Lorain Avenue, Cleveland
View of vehicle parking - 5333 Lorain Avenue, Cleveland
View of front of house - 5333 Lorain Avenue, Cleveland
MixedUse at 5333 Lorain Avenue, Cleveland, photo 4 of 6
MixedUse at 5333 Lorain Avenue, Cleveland, photo 5 of 6
Map - 5333 Lorain Avenue, Cleveland
6 photos

$1,700,000

5333 Lorain Avenue
Cleveland, OH 44102
Listed by Gino Brienza · Coldwell Banker Schmidt Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1978

About this home

Don;t miss this opportunity to purchase this unique piece of property. Just over 1 acre situated on Lorain Ave. between W53rd and W55th in the Detroit Shoreway Neighborhood. Office Building/Commercial Service Garage with separate retail storefront and 2 residential apartments. Redevelopment Opportunity! Great location just west of downtown Cleveland.

Property details

MLS #
5090134
Property type
MixedUse
Subdivision
Burnham
Status
Active
Days on market
540
On market date
December 4, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.02 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
Menlo Park Academy
0.27 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
596
Student:teacher ratio
22.1:1
District
Menlo Park Academy
MiddleCharter
Constellation Schools: Stockyard Community Middle
0.73 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
74
Student:teacher ratio
37.0:1
District
Constellation Schools: Stockyard Community Middle
High
Max S Hayes High School
0.48 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
13.9:1
District
Cleveland Municipal

Walkability

Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 540 days -- 492 more days than Cleveland's current average of 48 days.
For reference, the median list price across 1,625 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$10,388/mo
$340,000 down
$1,360,000 loan
Principal & interest$8,821
Property tax (est.)$1,417
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 2, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.