Contacts
Cushman & Wakefield | CRESCO Real Estate
Cushman & Wakefield | CRESCO Real Estate
Cushman & Wakefield | CRESCO Real Estate
Cushman & Wakefield | CRESCO Real Estate
Cushman & Wakefield | CRESCO Real Estate
Property Details
- Property Type Other
- Property Size 17,781 SF
- Date Updated Oct 23, 2026
The former Variety Theatre, located at 11815 Lorain Avenue on the near-Westside of Cleveland, presents an exciting opportunity for a mixed-use redevelopment. With its iconic architecture and rich history, the theater is primed for repositioning. As demand for both residential and entertainment spaces continue to grow in Northeast Ohio, transforming the theater into a venue for concerts, events, weddings, and entertainment could fill a critical gap in the mid-market sector. A key advantage of this project is the property’s status as a historic landmark, as well as the approval of a federal historic tax credit (HTC) award ($1.6 million), a state HTC award ($1.4 million), and the availability of completed architectural plans. These factors save time and resources, streamlining the development process. Redeveloping the Variety Theatre into an entertainment venue offers a compelling investment opportunity to restore a historic landmark while meeting the community’s evolving needs. This project holds the potential to enrich Cleveland’s cultural landscape, generate returns, and preserve the legacy of a cherished institution.
Reach out to the broker for more info on lease terms and amenities
Getting around
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84/100
Walk Score ®
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38/100
Transit Score ®
Location
- City Cleveland, OH
- Neighborhood Jefferson
- Zip Code 44111
- Market Cleveland Akron
Points of Interest
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West Park
1.21 miles
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West Boulevard–Cudell
1.58 miles
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Big Creek & Memphis Railway
1.59 miles
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Settlers Landing
4.35 miles
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Cleveland Amtrak
4.90 miles
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Airport
4.95 miles
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East 9th–North Coast
5.03 miles
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South Harbor
5.38 miles
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East 55th
6.25 miles
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East 79th
7.21 miles
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Jabco
0.44 miles
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Shell
0.65 miles
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BP
0.82 miles
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Sunoco
0.84 miles
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Circle K
1.03 miles
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Lakewood One Stop
1.24 miles
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Tesla Supercharger
2.25 miles
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Triskett RTA Parking
0.89 miles
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West Park RTA Station Parking
1.26 miles
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Cudell Station Parking
1.54 miles
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Lakewood Hospital Emergency Parking
2.04 miles
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Walgreens Parking
2.44 miles
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Public Parking
2.47 miles
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Bar Parking
2.51 miles
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Kamms Corner Parking
2.57 miles
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KeyBank Parking Garage
2.70 miles
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Fairview Hospital Parking Lot
2.91 miles
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Days Inn
1.94 miles
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Travelodge Cleveland Lakewood
1.99 miles
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Four Points by Sheraton
2.09 miles
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Cleveland Airport Marriott
2.23 miles
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La Quinta Inn & Suites
2.31 miles
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Extended Stay America - Cleveland - Brooklyn
2.61 miles
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Hampton Inn Cleveland Airport-Tiedeman Rd
2.67 miles
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Fairfield Inn & Suites Cleveland Tiedeman Road
2.74 miles
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Stone Gables Inn
3.37 miles
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J. Palen House
3.68 miles
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Holyland International Import Supermarket
0.03 miles
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Target
0.45 miles
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Arabian Village Market
0.49 miles
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Save-A-Lot
0.52 miles
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West Town Village Market
0.53 miles
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Giant Eagle
0.53 miles
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Shoppers World
0.54 miles
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Marc's
0.92 miles
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La Plaza Supermarket
1.04 miles
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ALDI
1.16 miles