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First-Floor Storefront Space
For Sale
Contact for pricing
Pending

506 Broadway, Lorain, OH 44052

First-floor commercial space suited to retail, restaurant, or professional office use.

Property Size4,000 SF
Days on Market141

Property Features for 506 Broadway

General Information

Standard status Pending
Size 4,000 SF
Property subtype Office, Retail

Additional Details

Floor 1
Listing Agency: Amherst-Russell Real Estate Services
Listed By: Denise Rakich · License #413724
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:24PM

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 Amherst-Russell Real Estate Services

Investment Insights

Based on property information with market context.

Located at 506 Broadway in Lorain, Ohio, this 4,000-square-foot first-floor storefront offers a flexible commercial layout. The property is positioned in downtown Lorain along the Broadway Streetscape.

The space can accommodate several stated use concepts, including a retail establishment, restaurant, or professional offices. Its storefront configuration and ground-level placement provide a practical setting for customer-facing or office operations.

Key Highlights

  • 4,000‑square‑foot first‑floor storefront
  • Downtown Lorain location at 506 Broadway
  • Situated along the Broadway Streetscape

Property Analytics

Current Use

Pure Ambience Body ... (Bike/Boat/Book/etc) Store First Step STNA ... College

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Restaurant Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

575
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 - First-floor commercial space suited to retail, restaurant, or professional office use.
Where is this storefront property located?
The property is located at 506 Broadway Lorain, OH.
What are key features of this property?
This property features: 4,000‑square‑foot first‑floor storefront; Downtown Lorain location at 506 Broadway; Situated along the Broadway Streetscape
(440) 282-4444 Call to check price and availability
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