Mixed-Use Property with Restaurant
For Sale
Contact for pricing
2223 Broadway, Lorain, OH 44052
Two-level property combining restaurant operations, apartment space, and an outdoor bar and seating area.
Property SizeContact for details
Days on Market141
Property Features for 2223 Broadway
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
REMAX Edge Realty
(330) 977-5798
Listed By:
Amanda Mercier · License #OH 2019006637
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:40PM
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 REMAX Edge Realty
Investment Insights
Based on property information with market context.
This mixed-use property at 2223 Broadway in Lorain combines several components within one building. The lower level is configured for restaurant use, while the upper level contains apartment space. An outdoor backyard area includes a bar and seating, adding an additional amenity to the property.
The building requires a full rehabilitation, making its existing restaurant, residential, and outdoor features part of the redevelopment scope. The sale is structured as a cash transaction with no seller financing.
The building requires a full rehabilitation, making its existing restaurant, residential, and outdoor features part of the redevelopment scope. The sale is structured as a cash transaction with no seller financing.
Key Highlights
- Lower level configured as a restaurant
- Apartment space located on the upper level
- Backyard bar with outdoor seating area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
310
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combining restaurant operations, apartment space, and an outdoor bar and seating area.
Where is this mixed-use property located?
The property is located at 2223 Broadway Lorain, OH.
What are key features of this property?
This property features: Lower level configured as a restaurant; Apartment space located on the upper level; Backyard bar with outdoor seating area
