$155,000
1605 Broadway Lorain, OH 44052
Save Share 
Schedule a Tour
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
See all 39 photos
39 photos
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
$155,000
Est. payment /mo
6,534 Sqft Lot
UPDATED:
11/06/2024 07:18 PM
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
Read Less Info
Listed by Michal Golab • HomeSmart Real Estate Momentum LLC • mikepgolab@gmail.com 440-787-3485
GET MORE INFORMATION
Dawn Semancik
Team Leader | License ID: SAL.2016005292
Team Leader License ID: SAL.2016005292
QUICK SEARCH
- Homes For Sale in Northfield, OH
- Homes For Sale in Macedonia, OH
- Homes For Sale in Streetsboro, OH
- Homes For Sale in Cuyahoga Falls, OH
- Homes For Sale in Tallmadge, OH
- Homes For Sale in Twinsburg, OH
- Homes For Sale in Solon, OH
- Homes For Sale in Medina, OH
- Homes For Sale in Hinckley, OH
- Homes For Sale in Stow, OH
- Homes For Sale in Hudson, OH
- Homes For Sale in Aurora, OH