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Renovated Storefront Retail Building
New
For Sale
$180,000

2973 G Street, Lorain, OH 44052

CommercialSale, Lorain, OH

Property SizeContact for details
Lot Size0.53 Acres
Days on Market2

Property Features for 2973 G Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Retail
Parking features Parking Lot
Elementary school district Lorain CSD - 4709
Middle school district Lorain CSD - 4709
High school district Lorain CSD - 4709
Directions Euclid Ave. to G St. Turn west and property is on the corner of your right side.
Standard status Active
APN 03-00-047-113-009
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Small Retail-Under 10,000sqft
Tax Annual Amount 2600
Legal Description Small Retail-Under 10,000sqft

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1977
Roof type Asphalt
Listing Agency: Russell Real Estate Services
Listed By: Steven Lawson · License #2020000096
Added: Sep 1 Last Checked: Sep 2 at 2:06PM
MLS# 5241313

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.

Investment Insights

Based on property information with market context.

Located at 2973 G Street in Lorain, this one-story storefront property was built in 1977 and occupies 0.53 acres. The building includes a kitchen, waiting room, two bathrooms, and three offices, with a parking lot serving the site. Forced-air heating is supplied by natural gas, and the property has public water and public sewer.

Recent work includes a new roof, windows, exterior doors, vinyl fencing, resurfaced lot, new gas lines, and new flooring throughout. The City has approved residential use subject to completion of specified modifications, while the existing layout supports a range of commercial configurations. The property is accessible to local highways and neighboring communities.

Key Highlights

  • 0.53‑acre storefront property at 2973 G Street, Lorain, OH 44052
  • One‑story building with kitchen, waiting room, two bathrooms, and three offices
  • City‑approved residential use contingent on completing specified modifications

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Building Supply Grocery & Convenience Store HVAC 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - One-story layout includes a kitchen, waiting room, two bathrooms, and three offices.
Where is this storefront property located?
The property is located at 2973 G Street Lorain, OH.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 0.53‑acre storefront property at 2973 G Street, Lorain, OH 44052; One‑story building with kitchen, waiting room, two bathrooms, and three offices; City‑approved residential use contingent on completing specified modifications
More about this property
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