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Mixed-Use Building with Roughed-In Apartment
New
For Sale
$239,500

1319 W Erie Avenue, Lorain, OH 44052

Interior spaces include a reception area, large central room, full kitchen, offices, laundry area, and additional rooms.

Property SizeContact for details
Days on Market2

Property Features for 1319 W Erie Avenue

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Property Use Office

Amenities

lobby/reception area
full kitchen
laundry area
basement storage

Building Details

Year Built 1920
Listing Agency: Coldwell Banker Schmidt Realty
Listed By: Christopher Frederick · License #0000426983
Source: Cbcworldwide
Added: Oct 26 Last Checked: Oct 26 at 3:11PM

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 Coldwell Banker Schmidt Realty

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Investment Insights

Based on property information with market context.

Built in 1920, this mixed-use property has a lobby and reception area, a large main room, a full kitchen, multiple offices and other rooms, a laundry area, and 3–4 bathrooms. The second floor contains a spacious apartment area in roughed-in condition; completion and use are subject to zoning, permits, and applicable approvals. A small basement provides storage space.

Updates include work to the kitchen, a tankless water-heating system, a newer dimensional roof, and improvements to the parking lot. The exterior has also been refreshed. The property is at 1319 W Erie Avenue in Lorain, Ohio.

Potential uses identified for the property include professional offices, healthcare, daycare, service businesses, and other commercial uses, subject to independent verification of zoning, occupancy, licensing, and approvals.

Key Highlights

  • Second‑floor apartment area is roughed in and subject to zoning, permits, and approvals
  • Interior includes a lobby, full kitchen, multiple offices, laundry area, and 3–4 bathrooms
  • Built in 1920

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Louis Paul Proy ... Advocacy Group

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Skin Care Clinic Food Market Electrical Service

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

192
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Interior spaces include a reception area, large central room, full kitchen, offices, laundry area, and additional rooms.
Where is this mixed-use property located?
The property is located at 1319 W Erie Avenue Lorain, OH.
What is the asking price?
The asking price for this property is $239,500.
What are key features of this property?
This property features: Second‑floor apartment area is roughed in and subject to zoning, permits, and approvals; Interior includes a lobby, full kitchen, multiple offices, laundry area, and 3–4 bathrooms; Built in 1920
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