1605 Broadway, Lorain, OH 44052

Building Details

Year built

1920

Listing agent Paul Lawson License #2022003651 Show Phone

Listing office Russell Real Estate Services i***@RussellRealty.com 36178 Center Ridge Road, Strongsville, OH Show Phone

Listing date Apr 7, 2025

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MLS# 5112612

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This mixed-use building includes a lower level approved by the city for restaurant use and additional flexibility for other business ventures. Substantial structural work has already been completed, and blueprints have been drawn for both levels, which can help streamline project planning and redevelopment. The upper level provides three living units, with two units having some framing and plumbing already completed.

The property is located at 1605 Broadway in Lorain, Ohio (44052). The current configuration supports a two-level redevelopment approach, with the lower floor positioned for active street-level commercial use and the upper floor designed for residential occupancy.

For buyers and tenants looking for a property that can combine food-and-retail activity with on-site housing, this offering provides a ready framework to finish the project. The restaurant approval on the lower level offers a clear starting point for culinary or hospitality concepts, while the three upper units can support residential leasing once work is completed. Because structural work and initial build elements are already in place, this property may be a strong fit for an operator or owner bringing the remaining scope to completion.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Lorain

County

Lorain

State

Ohio

Longitude

-82.167089

Latitude

41.456961

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FAQs

What type of property is this?

Retail space - A mixed-use building featuring a restaurant-approved lower level and three upper residential units.

Where is this retail space located?

The property is located at 1605 Broadway Lorain, OH.

What is the asking price?

The asking price for this property is $140,000.

What are key features of this property?

This property features: Landmark building in Lorain's downtown area with mixed‑use zoning, offering diverse income potential.; Lower level approved for a restaurant, suitable for various business ventures.; Upper level features 3 residential units, providing significant rental income potential.