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Industrial Building in Lorain, Ohio
For Sale
$415,000

1744 Iowa Avenue, Lorain, OH 44052

15,786 SF industrial building on 1.92 acres for sale.

Property Size15,786 SF
Lot Size1.92 Acres
Price / SF$26.29
Days on Market140

Property Features for 1744 Iowa Avenue

General Information

Standard status Active
Size 15,786 SF
Lot size 1.92 Acres
Property subtype Industrial
Listing Agency: CBRE - Cleveland
Listed By: Mike Petrigan · License #SAL.0000435412
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 11 at 10:07AM

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

Investment Insights

Based on property information with market context.

The property features a 15,786 square foot owner-occupied building situated on 1.92 acres. The building has a height of 16 feet and is equipped with one drive-in door and one dock. It is zoned for light industrial use. The property is located within 5 miles of I-90 and near Route 2 and I-80 (Ohio Turnpike), situated between US 6 and OH SR 57. The location is within a Lorain County Opportunity Zone (39093023000), which may be eligible for preferential tax treatment. It is a 35-minute drive (23 miles) to Cleveland and Cleveland-Hopkins International Airport.

Key Highlights

  • Located within 5 miles of I‑90, and near Route 2 & I‑80 (Ohio Turnpike) for excellent transportation access.
  • 15,786 SF Owner‑Occupied Building suitable for immediate use.
  • 1.92 AC lot in Lorain County.

Property Analytics

Current Use

Baumler Outdoors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Restaurant

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

262
Businesses Nearby

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - 15,786 SF industrial building on 1.92 acres for sale.
Where is this industrial property located?
The property is located at 1744 Iowa Avenue Lorain, OH.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Located within 5 miles of I‑90, and near Route 2 & I‑80 (Ohio Turnpike) for excellent transportation access.; 15,786 SF Owner‑Occupied Building suitable for immediate use.; 1.92 AC lot in Lorain County.
More about this property
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