OH > Lorain > Chamberlains Add 01
Lorain, OH 44052,1605 Broadway
Lorain, OH 44052,1605 Broadway
Lorain, OH 44052,1605 Broadway
Lorain, OH 44052,1605 Broadway
Lorain, OH 44052,1605 Broadway
Lorain, OH 44052,1605 Broadway
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Nicole Ward

Nicole Ward

+1(330) 807-1303
$ 155,000
Est. payment | /mo

6,534 Sqft Lot

Save
$ 155,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Chamberlains Add 01

MLS Listing ID 5017168

Construction Status Under Construction

HOA Y/N No

Year Built 1920

Annual Tax Amount $1,864

Tax Year 2023

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Discover a unique investment opportunity in Lorain with this mixed-use property undergoing renovations adjacent to Gyro House. Boasting a central location near the heart of Lorain, this building promises visibility and accessibility for residents and businesses alike. Spanning 6,294 sqft across two floors, the property features three rental living units upstairs and flexible retail space on the first floor, with city approvals for a restaurant, yet adaptable for various business ventures, such as storage/warehouse. Construction progress includes new framing throughout two residential units on the second floor, with plumbing rough-ins, and new beams, while rezoning allows for mixed-use applications. Positioned near Broadway and downtown, explore the potential of residential leasing options and the ability to convert the first floor into business space or the quickest option of storage, catering to diverse tenant and business needs. Consider the business opportunities, including multifamily units, offices, or simple storage, and secure your stake in Lorain's growth today. Contact the listing agent to explore this dynamic investment potential.

Location

State OH

County Lorain

Interior

Heating None

Fireplace No

Exterior

Garage Garage, Parking Lot, See Remarks

Waterfront No

Water Access Desc Public

Present Use Multi-Family,Mixed Use

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Under Construction

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-003-142-001

Special Listing Condition Standard

Listed by Michal Golab • HomeSmart Real Estate Momentum LLC • mikepgolab@gmail.com 440-787-3485
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(330) 807-1303

nicole@thekeygroupohio.com

8750 Cleveland Ave NW, North Canton, Ohio, 44720-8207, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

1605 Broadway