Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    420 N Ridge Rd W Lorain, OH 44053

    For Sale
    $799,900

    SINGLE_FAMILY - Lorain, OH

    Type:Retail
    Lot size:
    6.00 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 420 N Ridge Rd W

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    02-01-003-262-024
    Lot size
    6.00 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2014

    CENTURY 21 Asa Cox Homes (440) 639-0002 [email protected]

    Listing agent Stacy L Pandy (440) 328-6422 License #2019004462

    Listing date Nov 19, 2025

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building on Six Acres

    This commercial building, constructed in 2014, offers 4,400 sq. ft. of space and is situated on 6 acres of land, providing opportunities for future development or business expansion. The property includes paved parking and landscaped gardens with a water feature. The interior features a spacious retail area, currently used as a floral and decor retail business. The flexible space is suitable for various commercial uses and accommodates both display and work areas. A storage warehouse with overhead doors is available for deliveries. The building is suitable for retail, office, or mixed-use operations. It offers visibility, modern construction, and potential for future growth. The property is located minutes from I-90, providing accessibility for customers and deliveries. Potential business uses include a home decor store, boutique clothing or gift shop, garden center or nursery, antique or consignment store, farm market or local artisan shop, winery, brewery, or tasting room with outdoor space, cafe or coffee shop with outdoor seating, farm-to-table restaurant or bakery, event catering venue, specialty food market or deli, photography studio, yoga and wellness retreat center, spa, salon or fitness studio, real estate, insurance, or professional office space, or a pet grooming or boutique store.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Off Broadway Floral ... Florist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.169599
    Latitude
    41.42662

    Nearby Similar for Sale

    • New
      $275,000
      2,224 SF

      Renovated Brick Duplex in Lorain

      Updated duplex with new systems, modern finishes, and rental potential.
      2400 Oberlin Ave, Lorain, OH 44052
      View Details
    • $219,900
      Pending

      Well-Maintained Duplex in Lorain, OH

      Desirable duplex with updated units, private laundry, and garage.
      4610 Ashland Ave, Lorain, OH 44053
      View Details
    • $225,000
      Pending

      Well-Maintained Lorain Quadplex Investment

      Four-unit quadplex near downtown Lorain with immediate cash flow.
      1131 W 9Th St, Lorain, OH 44052
      View Details
    • $375,000
      1.21 Acres

      Turnkey Medical Office, Lorain, OH

      5,400 sq ft commercial building on 1.2-acre lot in Lorain.
      4520 Oberlin Ave, Lorain, OH 44053
      View Details
    • $129,900
      2,072 SF

      Updated Duplex Near Lake Erie

      Updated duplex near Lake Erie, ideal for investors or homeowners.
      415 Brownell Ave, Lorain, OH 44052
      View Details
    • $129,000
      Pending

      Lorain Duplex with Wheelchair Access

      Well-maintained Lorain duplex with 6 bedrooms, 3 baths, and wheelchair access.
      1766 E 31St St, Lorain, OH 44055
      View Details

    FAQs

    What type of property is this?
    Retail space - Well-maintained retail building with expansion potential on six acres.
    Where is this retail space located?
    The property is located at 420 N Ridge Rd W Lorain, OH.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: - 6 Acres of Land for Expansion/Development; - 4,400 Sq. Ft. Modern Building (Built 2014); - Excellent I-90 Accessibility
    (440) 328-6422
    Request Owner's contact information
    420 N Ridge Rd W Lorain, OH 44053
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    420 N Ridge Rd W
    Lorain, OH 44053
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 N Ridge Rd W Lorain, OH 44053
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.