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Commercial Land with Drive-Up Configuration
New
For Sale
$249,900

115 E 21st Street, Lorain, OH 44052

CommercialSale, Lorain, OH

Property SizeContact for details
Lot Size0.69 Acres
Days on Market6

Property Features for 115 E 21st Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking 45
Parking features Paved or Surfaced
Elementary school district Lorain CSD - 4709
Middle school district Lorain CSD - 4709
High school district Lorain CSD - 4709
Directions Broadway to 21st or 22nd street
Standard status Active
APN 02-01-003-169-009
Lot size 0.69 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 5 Parcel
Tax Annual Amount 3302
Legal Description 5 Parcel

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1969
Floors in Building 1
Listing Agency: Russell Real Estate Services
Listed By: William E Gallagher · License #407351
Added: Sep 4 Changed: Sep 8 Last Checked: Sep 9 at 3:06AM
MLS# 5242465

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.

Investment Insights

Based on property information with market context.

This commercial land offering combines five parcels totaling 0.69 acres with an existing drive-up layout and more than 45 paved parking spaces. The parking area has been sealed and striped, providing an established surface for redevelopment or continued commercial use. Public water and public sewer serve the property, while the existing improvements include forced-air heating and central air conditioning.

The property fronts Broadway, a primary commercial corridor in Lorain, with convenient access and a visible commercial setting. Built in 1969, the site may accommodate an ATM or financial-service concept, drive-through coffee shop, quick-service restaurant, or another similar use, subject to zoning. Its configuration supports redevelopment or owner-user plans without relying on additional site acquisition.

Key Highlights

  • Five parcels totaling 0.69 acres
  • 45+ paved parking spaces with recently sealed and striped pavement
  • Existing drive‑up configuration

Property Analytics

Current Use

Chase Mortgage Loan Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
AutoZone Shops & Services
3,981 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
3,204 visits/mo 0.1 miles
Family Dollar Shops & Services
2,597 visits/mo 0.2 miles

Demographics for 44052, OH

29,249
Population
13,673
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
83%
High-School Grad
9.5 sq mi
ZIP Area
3,079
Density / Sq Mi
$42,298
Median Household Income
$31,985
Median Earnings
$840
Median Rent
$104,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Nearly one acre of paved commercial land with existing drive-up improvements and substantial on-site parking.
Where is this commercial land located?
The property is located at 115 E 21st Street Lorain, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Five parcels totaling 0.69 acres; 45+ paved parking spaces with recently sealed and striped pavement; Existing drive‑up configuration
More about this property
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