Downtown Retail Storefront
506 Broadway Lorain, OH 44052
For Lease
$2,000/Mo
COMMERCIAL - Lorain, OH
Property Size4,000 SF
Lot Size0.01 Acres
Days on Market132
Property Features for 506 Broadway
General Information
- Property type
- Commercial Lease
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- APN
- 02-01-004-700-001
- Size
- 4,000 SF
- Lot size
- 0.01 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 1
Listing Agency:
Russell Real Estate Services
(440) 282-4444
Listed By:
Denise M Rakich · License #413724
(440) 320-3611
Added: Mar 15
Changed: Jun 11
Last Checked: Jul 24 at 11:06PM
MLS# 5193489
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Investment Insights
Based on property information with market context.
This downtown Lorain storefront offers nearly 4,000 sq. ft. of retail space and was previously used as a clothing, uniform, and tuxedo rental shop. The layout lends itself to a traditional storefront experience with space to operate a customer-facing business on a single property footprint.
Located at 506 Broadway in Lorain, the unit is positioned for businesses that benefit from a walk-up retail presence in the downtown area. The offering is presented as a single storefront space that can also support a tenant who wants to manage multiple operators within the same overall location.
The space can work for a variety of uses including restaurant operations, professional office space, or retail sales, based on the property’s existing retail configuration and storefront function. If you are looking to run a more modular setup, the listing notes the possibility of subletting sections to support multiple entrepreneurs under one roof. Prospective tenants should confirm specific build-out needs and any permitting requirements for their intended use prior to moving forward.
Located at 506 Broadway in Lorain, the unit is positioned for businesses that benefit from a walk-up retail presence in the downtown area. The offering is presented as a single storefront space that can also support a tenant who wants to manage multiple operators within the same overall location.
The space can work for a variety of uses including restaurant operations, professional office space, or retail sales, based on the property’s existing retail configuration and storefront function. If you are looking to run a more modular setup, the listing notes the possibility of subletting sections to support multiple entrepreneurs under one roof. Prospective tenants should confirm specific build-out needs and any permitting requirements for their intended use prior to moving forward.
Key Highlights
- Nearly 4,000 SF downtown Lorain retail storefront previously used as a clothing/uniform/tuxedo rental shop
- Forced air heating with natural gas; central air cooling
- Public water and public sewer
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pure Ambience Body ...
(Bike/Boat/Book/etc) Store
First Step STNA ...
College
FAQs
What type of property is this?
Storefront property - Versatile storefront in downtown Lorain, formerly a retail rental shop, suited for retail, office, or restaurant use.
Where is this storefront property located?
The property is located at 506 Broadway Lorain, OH.
What is the lease rate?
The lease rate is $2,000 /Mo.
What are key features of this property?
This property features: Nearly 4,000 SF downtown Lorain retail storefront previously used as a clothing/uniform/tuxedo rental shop; Forced air heating with natural gas; central air cooling; Public water and public sewer
