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    Lorain, OH

    Lorain, OH Commercial Real Estate for Sale

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    Downtown Lorain Flexible Retail/Office Space
    Updated: Jan 26
    Downtown Lorain Flexible Retail/Office Space

    916 Broadway, Lorain, OH 44052

    $170,000
    3,500 sqft 0.09 AC lot
    Prime downtown Lorain location with high foot traffic.
    Boasting over 3,500 square feet of flexible, usable space.
    Large front‑facing windows for excellent visibility and branding.
    Rear garage access for added convenience.
    Suitable for retail, office, studio, or creative space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    916 Broadway, Lorain, OH, 44052-1950

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $207K
      Above asking

    • Last Sold

      Apr 2024
      $34K

    • Property Type

      Retail Stores
      Built 1950
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    Neighborhood Grocery Store on Corner
    Updated: Jul 2
    Neighborhood Grocery Store on Corner

    2957 Pearl Avenue, Lorain, OH 44055

    $600,000
    0.33 AC lot
    Neighborhood grocery store with business, building, land, and included equipment
    Approximately 1,624 SF retail building; served Lorain community for more than 30 years
    Central A/C plus natural gas forced‑air heating; public water and public sewer
    Currently sells groceries plus beer, wine, cigarettes, and Ohio Lottery
    Beer, wine, tobacco, and lottery licenses available for transfer per state regulations
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    Three-Story Professional Office Building
    Three-Story Professional Office Building

    520 Broadway, Lorain, OH 44052

    $799,900
    0.14 AC lot

    Three-story office building with elevator service and lockable floor access, nearly fully occupied with limited space available.

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    Freestanding Restaurant Property
    Freestanding Restaurant Property

    2812 W Erie Avenue, Lorain, OH 44053

    $375,000
    0.94 AC lot

    For sale: a long-running restaurant operation with the underlying real estate in Lorain County.

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    Multi-Use Entertainment and Dining Building
    Multi-Use Entertainment and Dining Building

    2915 Broadway, Lorain, OH 44055

    $775,000
    17,567 sqft

    Solid brick building with a bowling alley, dining/bar areas, banquet space, and central air for multiple revenue uses.

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    Downtown Storefront with Rear Garage
    Downtown Storefront with Rear Garage

    916 Broadway, Lorain, OH 44052

    $170,000
    0.07 AC lot

    Spacious storefront with large windows and rear garage access for retail, office, or showroom use.

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    Lorain Commercial Lot Near Downtown
    Lorain Commercial Lot Near Downtown

    1122 F Street, Lorain, OH 44052

    $149,900
    1.26 AC lot

    Commercial lot in Lorain, ready for redevelopment or adaptive reuse.

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    Mixed-Use Building with 3 Units
    Mixed-Use Building with 3 Units

    1605 Broadway, Lorain, OH 44052

    $140,000
    0.15 AC lot

    A mixed-use building featuring a restaurant-approved lower level and three upper residential units.

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    Downtown Professional Office Building
    Downtown Professional Office Building

    520 Broadway, Lorain, OH 44052

    $799,900
    15,000 sqft

    Well-maintained office building in a prime downtown location.

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    Multi-Unit Office Building
    Multi-Unit Office Building

    1670 Cooper Foster Park Road W, Lorain, OH 44053

    $475,000
    0.48 AC lot

    Office building originally built as four suites, last used as a doctor’s office with one suite occupied by the owner.

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    Turnkey Bar and Restaurant Opportunity
    Turnkey Bar and Restaurant Opportunity

    900 Broadway, Lorain, OH 44052

    $399,900
    0.14 AC lot

    Successful bar/restaurant, real estate, and rental home for sale.

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    Lorain Manufacturing/Warehouse Facility For Sale
    Lorain Manufacturing/Warehouse Facility For Sale

    2201 W Park Dr, Lorain, OH 44053

    $1,497,600
    24,960 sqft 3.45 AC lot

    24,960 SF manufacturing/warehouse on 3.45 acres for sale.

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    23 Acres of Zoned Land
    23 Acres of Zoned Land

    V/L Clinton Avenue, Lorain, OH 44055

    $325,000
    23.18 AC lot

    Over 23 acres of land zoned B-2 in Lorain, OH.

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    Corner Parcel in Historic Downtown
    Corner Parcel in Historic Downtown

    V/L Broadway, Lorain, OH 44052

    $120,000
    0.07 AC lot

    75 ft frontage by 134 ft depth corner parcel.

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    Two Industrial Buildings For Sale
    Two Industrial Buildings For Sale

    7425-7405 Industrial Parkway Dr, Lorain, OH 44053

    $4,525,000
    73,360 sqft 11.01 AC lot

    Two industrial buildings totaling 73,360 SF on 11.01 acres.

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    Lorain Land For Sale
    Lorain Land For Sale

    V/L Pearl Avenue, Lorain, OH 44055

    $65,757
    4.69 AC lot

    4.69 acre commercial land parcel in Lorain, Ohio.

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    Restaurant and Real Estate Opportunity
    Restaurant and Real Estate Opportunity

    2812 West Erie Ave, Lorain, OH 44052

    $375,000
    4,000 sqft

    Acquire an operating restaurant plus the underlying property at 2812 West Erie Ave, Lorain.

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    Corner Retail and Drive-Through Site
    Corner Retail and Drive-Through Site

    3035 Pearl Avenue, Lorain, OH 44055

    $250,000
    15,770 sqft

    Corner lot with dual-street access on a busy corridor, suited for quick-stop retail or drive-through concepts.

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    Industrial Building in Lorain, Ohio
    Industrial Building in Lorain, Ohio

    1744 Iowa Avenue, Lorain, OH 44052

    $415,000
    15,786 sqft 1.92 AC lot

    15,786 SF industrial building on 1.92 acres for sale.

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    Downtown Lorain Medical Office Building
    Downtown Lorain Medical Office Building

    305 W 20th St, Lorain, OH 44052

    $195,000
    2,054 sqft

    2,054 SF medical office building in Downtown Lorain.

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    Downtown Lorain Stand-Alone Office
    Downtown Lorain Stand-Alone Office

    1930 Reid Ave, Lorain, OH 44052

    $225,000
    2,463 sqft

    Stand-alone office building in downtown Lorain with private parking.

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    Lorain Industrial Building For Sale
    Lorain Industrial Building For Sale

    1820 Iowa Ave, Lorain, OH 44052

    $1,850,000
    39,214 sqft

    39,214 SF industrial building available in Lorain, Ohio.

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    Historic Church and Auditorium
    Historic Church and Auditorium

    400 Washington Avenue, Lorain, OH 44052

    $500,000
    21,444 sqft

    Historic church building on a corner lot with sanctuary, auditorium, fellowship hall, kitchen, and multiple meeting spaces.

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    Industrial Buildings with Fenced Yard
    Industrial Buildings with Fenced Yard

    7405-7425 Industrial Parkway Dr, Lorain, OH

    $4,525,000
    73,360 sqft 2.45 AC lot

    Two industrial buildings with fenced yard and highway access.

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    Lorain, OH Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Lorain, OH, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 657,195 square feet of properties for sale, with an estimated market value of $34,314,642.

    Sale prices for business properties in Lorain, OH start at $160,000, averaging $1,372,585, and reaching up to $4,646,571 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 82K
    Population Growth (5Y) +2.8%
    Median Household Income $51,688
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

    Identify Lorain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44055 $329.3K
    44052 $424.1K
    44053 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Lorain, OH

    • 44052
    • 44053
    • 44055

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