$2,900,000
About this home
3800 Lorain Avenue | Ohio City Landmark Opportunity Offered for the first time in its storied history, 3800 Lorain Avenue presents a once-in-a-generation opportunity to acquire one of Ohio City’s most iconic commercial properties. Home to the Fridrich Bicycle Shop since 1883, this legacy asset has been a cornerstone of the neighborhood for over 140 years. The offering comprises seven contiguous parcels totaling just under one acre, prominently positioned along the high-visibility Lorain Avenue corridor. The existing structure encompasses approximately 40,000 square feet, providing substantial scale for adaptive reuse, redevelopment, or continued commercial operation. With its deep historical roots, expansive footprint, and strategic urban location, this property represents a rare blend of heritage and potential. Situated in one of Cleveland’s most dynamic and rapidly evolving districts, the site benefits from strong surrounding retail, residential density, and ongoing investment throughout Ohio City. Whether envisioned as a transformative mixed-use redevelopment, creative commercial conversion, or preservation of a long-standing business legacy, 3800 Lorain Avenue offers unmatched scale, frontage, and historical significance. A truly important property in Ohio City — and a landmark offering now available for the first time ever.
Property details
- MLS #
- 5189973
- Property type
- Retail
- Subdivision
- Barber & Lords Sub
- Status
- Active
- Days on market
- N/A
- On market date
- March 3, 2026
- Stories
- 3
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.92 acres
Location
Get directions →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.
- Enrollment
- 463
- Student:teacher ratio
- 12.9:1
- District
- Cleveland Municipal
- Enrollment
- 74
- Student:teacher ratio
- 37.0:1
- District
- Constellation Schools: Stockyard Community Middle
- Enrollment
- 391
- Student:teacher ratio
- 17.0:1
- 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).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated March 3, 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.