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Mixed-Use Brick Building
For Sale
Contact for pricing
Pending

124 E 28th St, Lorain, OH 44055

Two-story brick building is undergoing renovation with an unfinished restaurant/bar conversion on the first floor.

Property SizeContact for details
Days on Market143

Property Features for 124 E 28th St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Multifamily Units 3

Building Details

Stories 2
Construction brick
Tenancy Multi
Listing Agency: Russell Real Estate Services
Listed By: Andrea Neal · License #OH
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Aug 28 at 10:37PM

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 Russell Real Estate Services

Investment Insights

Based on property information with market context.

This two-story brick building is in process of renovation. The property includes three apartments upstairs that still need to be completed.

The first floor is currently in the conversion phase to a restaurant/bar use, with status shown in the available photos.

The overall layout supports mixed-use operation, combining residential units on the second level with a dining and beverage concept planned for the first level, subject to completion of the renovation.

Key Highlights

  • Two‑story brick building undergoing renovation
  • First floor is in process of conversion to a restaurant/bar
  • Three upstairs apartments need to be completed

Property Analytics

Current Use

Triplexes

Suggested Use

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

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 44055, OH

19,331
Population
9,258
Households
2.1
Avg Household Size
36
Median Age
10%
College-Educated
82%
High-School Grad
6.3 sq mi
ZIP Area
3,068
Density / Sq Mi
$36,603
Median Household Income
$30,631
Median Earnings
$848
Median Rent
$95,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Two-story brick building is undergoing renovation with an unfinished restaurant/bar conversion on the first floor.
Where is this triplex located?
The property is located at 124 E 28th St Lorain, OH.
What are key features of this property?
This property features: Two‑story brick building undergoing renovation; First floor is in process of conversion to a restaurant/bar; Three upstairs apartments need to be completed
(440) 315-0686 Call to check price and availability
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