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506 Broadway, Unit 1 Lorain, OH 44052

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Sponsored
For Lease
$2,000 /Mo ($55 SF/Yr)

COMMERCIAL - Lorain, OH

Property size:
4,000 SF
Lot size:
0.01 Acres
Days on Market:
1
Last Refresh:
Mar 15 at 5:06 pm

Property Features for 506 Broadway

General Information

Property type
Commercial Lease
Property subtype
Other
Standard status
Active
Rooms
Basement
APN
02-01-004-700-001
Parking features
On Street
Size
4,000 SF
Lot size
0.01 Acres

Utilities

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

Building Details

Year built
1900
Floors in Building
1

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Listing Contact
Denise M Rakich
Denise M Rakich

Russell Real Estate Services (440) 268-9491

Listing agent Denise M Rakich (440) 320-3611 License #413724

Listing date Mar 15, 2026

MLS# 5193489

Copyright © 2026 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.

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Property Insight Report

Overview

Downtown Lorain Retail Storefront

This commercial property, located in downtown Lorain, Ohio, offers approximately 4,000 square feet of retail storefront space. Previously utilized as a retail clothing, uniform, and tuxedo rental shop, the property presents opportunities for various business ventures. The space is suitable for a restaurant, professional office space, or retail sales. Alternatively, the property can be sublet to multiple entrepreneurs, allowing them to establish individual shops under one roof. The lot size is approximately 0.01 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Pure Ambience Body ... (Bike/Boat/Book/etc) Store First Step STNA ... Educational Institution

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Lorain
County
Lorain
State
Ohio
Longitude
-82.176295
Latitude
41.466396

FAQs

What type of property is this?
Storefront property - Prime retail space suitable for various business ventures.
Where is this storefront property located?
The property is located at 506 Broadway, Unit 1 Lorain, OH.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: - Prime Downtown Lorain location.; - Nearly 4,000 sq ft of retail space.; - Versatile space suitable for restaurant, office, or retail.
More about this property
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