1600 Kansas Ave Lorain, OH
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35,559 SF main building and 2,977 SF bank building for sale.
Type:INDUSTRIAL
Property size:
35,559 SFLot size:
2.46 Acres- Added:
- Nov 11, 2024
- Days on Market:
- 524
- Last Refresh:
- Apr 5 at 10:04 pm
Property Features for 1600 Kansas Ave
General Information
- Standard status
- Active
- Size
- 35,559 SF
- Lot size
- 2.46 Acres
- Property subtype
- INDUSTRIAL
Listing agent Kevin Moss License #2008000837 (216) 577-1517
Listing office CBRE | Cleveland (216) 577-1517
Listing date Nov 11, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Cleveland
Overview
Lorain Industrial/Office Development Opportunity
For sale is a property featuring a 35,559-square-foot main building and a 2,977-square-foot former bank building with a drive-thru. The total development site spans 3.31 acres. The main building is comprised of two sections: an 18,613-square-foot area that formerly housed a grocery store and is currently office space, and a 16,946-square-foot high-bay warehouse with an 18-foot clearance. The warehouse includes three loading areas with 15-foot-tall receiving doors located at the front and rear, and features a 74-foot-wide clear space. The main building is zoned I-1 Light Industrial, while the bank building is zoned B-2 General Commercial. The property is positioned minutes from downtown Lorain, in a dense market of 50,400 people in a 3 mile radius with .4% annual population growth. The main building is available for $1,700,000 and the bank building is available for $285,000. The Lorain Metro Housing Authority HQ will be relocating to downtown Lorain in 2025, making the property soon to be vacant.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Lorain Metropolitan Housing ...
Housing Authority
Location Insight
- Map
- Local Demand
- City
- Lorain
- County
- Lorain
- State
- Ohio
- Longitude
- -82.177
- Latitude
- 41.4641
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 35,559 SF main building and 2,977 SF bank building for sale.
Where is this warehouse located?
The property is located at 1600 Kansas Ave Lorain, OH.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Vacant Lorain Metro Housing Authority HQ (LMHA) available in '25, offering immediate occupancy and redevelopment potential.; Substantial 35,559 SF main building with office space and a **high‑bay warehouse (16,946 SF with 18’ clearance and 3 loading areas)**.; Large 3.31 AC development site with a main building and a 2,977 SF former bank building with a drive‑thru.
