5505 Lorain Avenue, Loveland, OH 44102 - Photo 1

1/1

$320,000

Sold
Closed
Commercial Service

1/1

Property Description

Don't miss this opportunity to lease space in this building with loads of character. There are two retail spaces on the main floor approximately 1,500 square feet each. There is an enclosed courtyard and garage/warehouse are with drive in overhead door. Lots of character in this building that used to be an antique store. The second floor can be used as offices or apartments. There is potential for 3-4 offices or apartments. Lots of potential has many potential uses. High traffic location with lots of stores, restaurants and taverns nearby. Call now for your private showing.

Full Property Details

Full Property Details for 5505 Lorain Ave

General

Sold For: $320,000
Taxes: $2,869 (2024)
Status: Closed
Type: Commercial Service
Source: 505
MLS ID: 5148509
Added to Site: 92 day(s) ago

Business

Business Type: Furniture

Parking

Garage: Yes
Parking Features: Garage, Off Site, On Street

Location

County: Cuyahoga
Township: Cleveland
Driving Directions: Corner of 55th & Lorain. South side of Lorain.

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

# Buildings: 1
Roof: Flat, Rubber
Stories/Levels: 2
Current Bldg. Use: Retail
Year Built: 1890
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.1984
Lot Size: .1984
Lot Size Source: Public Records
Zoning: Retail

Financial Considerations

Tax Amount: $2,869
Tax Year: 2024
Terms: Cash, Conventional, Other

Disclosures and Reports

Disclosures/Rstr.: Owner Is Listing Agent, Principal is Real Estate Licensed
Property ID: 006-18-111

Listed by Keller Williams Citywide, David M Reddy
Sold by EXP Realty, LLC., Paul F Smetona

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Listing agent

— 5505 Lorain Ave —

David M Reddy

Keller Williams Citywide

dreddy20@hotmail.com, 216-406-4746

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Schools

Schools serving 5505 Lorain Ave

School District:Cleveland Municipal School District

Name	Grades	Distance
Clark School 5550 Clark Avenue, Cleveland, OH 44102	PK-8	0.4 mi
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102	9-12	0.4 mi
Waverly Elementary School 1805 West 57th Street, Cleveland, OH 44102	PK-8	0.4 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	1.1 mi
Marion C Seltzer Elementary School 1468 West 98th Street, Cleveland, OH 44102	PK-8	1.4 mi
Scranton School 1991 Barber Avenue, Cleveland, OH 44113	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 5505 Lorain Ave

Date

Details

Price

Change

Source

10/22/2025

Sold

$320,000

-8.57%

MLS

10/16/2025

Listed

$350,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Open House

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Updated 2 days ago

5
Beds
4
Total Baths
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Sq. Ft.

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Just Listed

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Condo
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Updated 5 days ago

2
Beds
3
Total Baths
1,486
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Just Listed

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Condo
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Updated 6 days ago

3
Beds
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Total Baths
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Just Listed

$245,000

Open House

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Condo
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,341
Sq. Ft.

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Condo
Active
Updated 3 days ago

3
Beds
4
Total Baths
1,686
Sq. Ft.

Listed by Oyler Hines (513) 623-1351

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Condo
Active
Updated 1 day ago

3
Beds
3
Total Baths
2,473
Sq. Ft.

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Price Reduced

-$19,000 (-3.97%)

$460,000

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Single Family
Active
Updated 3 days ago

3
Beds
3
Total Baths
2,600
Sq. Ft.

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Condo
Active
Updated 1 day ago

3
Beds
3
Total Baths
2,473
Sq. Ft.

Listed by Comey & Shepherd REALTORS (513) 489-2100, Juanita Gray (513) 368-2628

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Sold

$340,000

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Single Family
Closed

3
Beds
2
Total Baths
1,978
Sq. Ft.

Listed by Keller Williams Greater Metropolitan, Jeremy P Ols
Sold by Howard Hanna, Gail Barber

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Sold

$325,000

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Triplex
Closed

6
Beds
4
Total Baths
3,912
Sq. Ft.

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Sold

$298,900

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Duplex
Closed

4
Beds
2
Total Baths
1,616
Sq. Ft.

Listed by Berkshire Hathaway HomeServices Stouffer Realty, Robin B Pickett
Sold by Progressive Urban Real Estate Co, Stefanie English

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Sold

$275,000

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Duplex
Closed

5
Beds
2
Total Baths
2,188
Sq. Ft.

Listed by Keller Williams Greater Metropolitan, Alana Vovk
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5505 Lorain Avenue, Loveland, OH 44102 (MLS# 5148509) is a Commercial Service property that was sold at $320,000 on October 22, 2025. Want to learn more about 5505 Lorain Avenue? Do you have questions about finding other Commercial Service real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

5505 Lorain Ave Loveland, OH 44102