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Four-Parcel Commercial Land
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321 Colorado Ave, Lorain, OH 44052

B2 Commercial zoning accompanies an existing structure requiring major roof work or removal.

Property SizeContact for details
Days on Market143

Property Features for 321 Colorado Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Russell Real Estate Services
Listed By: Andrea Neal · License #OH
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:54PM

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 commercial land offering at 321 Colorado Ave includes four parcels under B2 Commercial zoning. An existing commercial structure remains on the property, but it requires roof replacement or complete removal, making the land the primary component of the offering.

The property is located in Lorain, Ohio, at 321 Colorado Avenue. Its multi-parcel configuration and commercial zoning provide a defined land-use framework for future planning, subject to applicable approvals and requirements.

Key Highlights

  • Four parcels included in the offering
  • B2 Commercial zoning
  • Existing commercial building requires roof replacement or removal

Property Analytics

Current Use

Workship Cathedral Church

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Pharmacy Hair Salon Skin Care Clinic

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

605
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Shops & Services 35%
SUBWAY Dining
3,503 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
3,290 visits/mo 0.3 miles
Mr Hero Dining
1,589 visits/mo 0.3 miles
Domino's Pizza Dining
977 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B2 Commercial zoning accompanies an existing structure requiring major roof work or removal.
Where is this commercial land located?
The property is located at 321 Colorado Ave Lorain, OH.
What are key features of this property?
This property features: Four parcels included in the offering; B2 Commercial zoning; Existing commercial building requires roof replacement or removal
(440) 315-0686 Call to check price and availability
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