Former Hospital Redevelopment
For Sale
Contact for pricing
205 W 20th Street, Lorain, OH 44052
Former St. Joseph Hospital site includes existing medical buildings and an 800-car parking structure.
Property Size120,000 SF
Days on Market123
Property Features for 205 W 20th Street
General Information
Standard status
Active
Size
120,000 SF
Total Parking Spaces
800
Property subtype
Hospitality, Land
Listing Agency:
Cushman & Wakefield CRESCO Real Estate
Listed By:
Brian Smith · License #OH SAL.2016001142
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 6:48PM
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 Cushman & Wakefield CRESCO Real Estate
Investment Insights
Based on property information with market context.
This former St. Joseph Hospital site in Lorain, Ohio includes existing medical buildings totaling 120,000 SF, providing an established healthcare-oriented campus footprint for reuse. The property also features an 800-car parking structure, supporting on-site parking needs for prospective redevelopments.
The offering notes availability of tax abatement and low-income housing tax credits, along with City of Lorain incentives described as related to an aging community. A possible joint venture option is also mentioned for qualified parties exploring redevelopment.
With multiple existing buildings and substantial parking capacity, the site may support a range of redevelopment approaches while leveraging the documented incentive programs.
The offering notes availability of tax abatement and low-income housing tax credits, along with City of Lorain incentives described as related to an aging community. A possible joint venture option is also mentioned for qualified parties exploring redevelopment.
With multiple existing buildings and substantial parking capacity, the site may support a range of redevelopment approaches while leveraging the documented incentive programs.
Key Highlights
- Former St. Joseph Hospital site in Lorain, Ohio
- Includes existing medical buildings totaling 120,000 SF
- On‑site 800‑car parking structure
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Hospital - Former St. Joseph Hospital site includes existing medical buildings and an 800-car parking structure.
Where is this hospital located?
The property is located at 205 W 20th Street Lorain, OH.
What are key features of this property?
This property features: Former St. Joseph Hospital site in Lorain, Ohio; Includes existing medical buildings totaling 120,000 SF; On‑site 800‑car parking structure
