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$1,290,000
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Property Description
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.
Full Property Details
Full Property Details for 5333 Lorain Ave
General
- Price: $1,290,000
- Taxes: $11,201 (2023)
- Status: Active
- Type: Commercial
- Source: 505
- MLS ID: 5090134
- Updated: 1/10/2026
- Added to Site: 94 day(s) ago
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Burnham
- Driving Directions: OH-10 / Lorain to W53rd
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Year Built: 1978
- Year Built Source: Appraiser
Lot Features
- Lot Size (Acres): 1.02
- Lot Size: 1.02
- Lot Size Source: Owner
Financial Considerations
- Tax Amount: $11,201
- Tax Year: 2023
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 48 BURNHAM S/L 57 EP 0056 WP
- Property ID: 006-18-020
Listed by Coldwell Banker Schmidt Realty, Gino Brienza
Get Pre-Approved Today
Schools
Schools serving 5333 Lorain Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Clark School 5550 Clark Avenue, Cleveland, OH 44102 | PK-8 | 0.4 mi |
Waverly Elementary School 1805 West 57th Street, Cleveland, OH 44102 | PK-8 | 0.4 mi |
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102 | 9-12 | 0.5 mi |
Joseph M Gallagher School 4016 Woodbine Avenue, Cleveland, OH 44113 | PK-8 | 0.7 mi |
Garrett Morgan School of Engineering & Innovation 4600 Detroit Avenue, Cleveland, OH 44102 | 9-12 | 0.8 mi |
Walton School 3409 Walton Avenue, Cleveland, OH 44113 | PK-8 | 1 mi |
Paul L Dunbar Elementary School @ Kentucky 2159 West 29th Street, Cleveland, OH 44113 | PK-8 | 1 mi |
Scranton School 1991 Barber Avenue, Cleveland, OH 44113 | PK-8 | 1.4 mi |
Marion C Seltzer Elementary School 1468 West 98th Street, Cleveland, OH 44102 | PK-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5333 Lorain Ave
Date
Details
Price
Change
Source
10/15/2025
Listed
$1,290,000
509.64%
MLS
4/22/2010
Sold
$211,600
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5333 Lorain Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,415
—
$52,470
28%
2023
$5,415
33%
$40,850
—
2022
$4,074
—
$40,850
—
2021
$4,086
2%
$40,850
6%
2020
$4,006
6%
$38,540
—
2019
$3,772
3%
$38,540
—
2018
$3,678
41%
$38,540
50%
2017
$2,606
—
$25,660
—
2016
$2,607
—
$25,660
—
2015
$2,614
-7%
$25,660
-8%
2014
$2,808
2%
$27,900
—
2013
$2,765
—
$27,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5333 Lorain Ave
5333 Lorain Avenue, Loveland, OH 44102 (MLS# 5090134) is a Commercial property. 5333 Lorain Avenue is currently listed for $1,290,000 and was received on October 15, 2025. Want to learn more about 5333 Lorain Avenue? Do you have questions about finding other Commercial real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

