Flexible Retail
For Lease
$2,000/Mo
506 Broadway Unit 1, Lorain, OH 44052
Nearly 4,000-square-foot commercial space suited to retail, restaurant, or professional office use.
Space Size4,000 SF
Days on Market40
Property Features for 506 Broadway Unit 1
General Information
Standard status
Active
Size
4,000 SF
Net Rentable
4,000 SF
Space & Availability
Available Space
4,000 SF
Contiguous Space
4,000 SF
Building Details
Year Built
1900
Listing Agency:
Russell Real Estate Services
(440) 282-4444
Listed By:
Denise M Rakich · License #413724
Source:
Theacclaimedrealty
Added: Jul 21
Changed: Aug 28
Last Checked: Aug 29 at 12:31PM
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 Russell Real Estate Services
Investment Insights
Based on property information with market context.
This storefront property provides nearly 4,000 square feet in a commercial building constructed in 1900. The space was previously operated as a clothing, uniform, and tuxedo rental shop, providing an established retail-oriented setting for a new occupant.
The property is located at 506 Broadway #1 in downtown Lorain, Ohio. Potential configurations include retail sales, restaurant use, professional office space, or dividing sections for multiple businesses operating under one roof.
The property is located at 506 Broadway #1 in downtown Lorain, Ohio. Potential configurations include retail sales, restaurant use, professional office space, or dividing sections for multiple businesses operating under one roof.
Key Highlights
- Nearly 4,000 square feet of commercial storefront space
- Located at 506 Broadway #1, Lorain, OH 44052
- Situated in downtown Lorain
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Nearly 4,000-square-foot commercial space suited to retail, restaurant, or professional office use.
Where is this storefront property located?
The property is located at 506 Broadway Unit 1 Lorain, OH.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Nearly 4,000 square feet of commercial storefront space; Located at 506 Broadway #1, Lorain, OH 44052; Situated in downtown Lorain
