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Lorain Office Building For Sale
For Sale
$475,000

1670 Cooper Foster Park Rd W, Lorain, OH 44053

Office building in Lorain, previously used as a doctor's office.

Property Size4,000 SF
Lot Size0.48 Acres
Price / SF$118.75
Days on Market620

Property Features for 1670 Cooper Foster Park Rd W

General Information

Standard status Active
Size 4,000 SF
Lot size 0.48 Acres

Taxes and HOA fees

Annual Taxes $5,810
Listing Agency: The Swanzer Agency
Listed By: William M Swanzer · License #239663
Source: Exprealty
Added: Dec 12, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:02AM

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 The Swanzer Agency

Investment Insights

Based on property information with market context.

This office building was originally constructed as four individual units, each approximately 1000 square feet. The property was last utilized as a doctor's office. Currently, one suite is occupied by the attorney who owns the building.

Key Highlights

  • Office building, offering versatile space.
  • Originally built as 4 separate units (approximately 1000 sq ft each).
  • Previously used as a doctor's office.

Property Analytics

Current Use

Robert J Gargasz ... Physician Top Driver Vocational School

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Electrical Service Auto Parts Store Storage Facility

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

518
Businesses Nearby

Demographics for 44053, OH

20,735
Population
9,529
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
10.8 sq mi
ZIP Area
1,920
Density / Sq Mi
$65,332
Median Household Income
$43,654
Median Earnings
$827
Median Rent
$189,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building in Lorain, previously used as a doctor's office.
Where is this office building located?
The property is located at 1670 Cooper Foster Park Rd W Lorain, OH.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Office building, offering versatile space.; Originally built as 4 separate units (approximately 1000 sq ft each).; Previously used as a doctor's office.
More about this property
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