Two-Story Mixed-Use
For Sale
$299,000
422 Broadway, Lorain, OH 44052
The ground floor can be configured for multiple business concepts or tenants.
Property SizeContact for details
Days on Market211
Property Features for 422 Broadway
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$7,102
Listing Agency:
RE/MAX Above & Beyond
(440) 842-7200
Listed By:
Pamela Hakaim · License #2016000717
(440) 935-4294
Source:
Exprealty
Added: Mar 28
Changed: Oct 23
Last Checked: Oct 23 at 6:01PM
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 RE/MAX Above & Beyond
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Investment Insights
Based on property information with market context.
This two-level property at 422 Broadway was previously used as a restaurant. Its ground floor offers a layout that can be divided among multiple business concepts or tenants. The upper floor provides additional space with potential for office, residential, meeting, conference, or studio use.
The property is in downtown Lorain’s 400 block of Broadway, with both on-street and off-street parking. Lake Erie, a hotel, and Black River Landing are described as being minutes away; the downtown district also hosts community events and waterfront attractions.
The property is in downtown Lorain’s 400 block of Broadway, with both on-street and off-street parking. Lake Erie, a hotel, and Black River Landing are described as being minutes away; the downtown district also hosts community events and waterfront attractions.
Key Highlights
- Two‑level mixed‑use property at 422 Broadway
- Previously operated as a restaurant
- Ground floor can be divided for multiple business concepts or tenants
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Groceries 28%
Dining 24%
Electronics 9%
Save-A-Lot
Groceries
5,136 visits/mo
0.2 miles
Dollar General
Shops & Services
3,725 visits/mo
0.1 miles
SUBWAY
Dining
3,503 visits/mo
0.4 miles
Fifth Third Bank & ATM
Shops & Services
3,290 visits/mo
0.1 miles
Metro by T-Mobile
Electronics
1,109 visits/mo
0.1 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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The ground floor can be configured for multiple business concepts or tenants.
Where is this mixed-use property located?
The property is located at 422 Broadway Lorain, OH.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑level mixed‑use property at 422 Broadway; Previously operated as a restaurant; Ground floor can be divided for multiple business concepts or tenants
