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    Downtown Professional Office Building Title is generated by Realmo AI

    520 Broadway, Lorain, OH 44052

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    Well-maintained office building in a prime downtown location.

    Type:Office
    Property size:
    15,000 SF
    Price / SF:
    $53/SF
    Added:
    May 16, 2026
    Days on Market:
    15
    Last Refresh:
    May 17 at 8:49 pm

    Property Features for 520 Broadway

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    1920

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    Listing Contact
    Michele Frederick

    Listing agent Michele Frederick License #OH

    Listing office Coldwell Banker Commercial Schmidt Realty North Ridgeville

    Listing date May 16, 2026

    Source Crexi

    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 Coldwell Banker Commercial Schmidt Realty North Ridgeville

    HighLights

    • Prime downtown location in the city's revitalization and entertainment district, offering unmatched accessibility and exposure.
    • Exceptionally well‑maintained 3‑story professional office building with pride of ownership evident throughout.
    • Nearly fully occupied with stable tenancy, including established professionals, providing immediate income potential.
    • Flexible occupancy options for owner‑users or investors on the upper two floors, with the first floor leased.
    • Recent improvements include a newer roof, updated air conditioning systems, and elevator updates.
    • Elevator access with floor lock‑off capability, two stairwells, and a full basement for utility/storage.

    Overview

    This exceptionally well-maintained, three-story professional office building is situated in a prime downtown location at the center of the city's revitalization and entertainment district. The prestigious building, approximately 15,000 square feet, is nearly fully occupied with only approximately 500 square feet currently available. Positioned on a highly visible, busy street, the property offers accessibility and exposure in the heart of downtown activity and city celebrations. It is located steps from the Port Authority and within walking distance to the lake. The building is surrounded by ongoing redevelopment and upscale entertainment venues. Features include a beautiful exterior, excellent street-front signage visibility, elevator access with the ability to lock off individual floors, two stairwells, and a full basement for additional utility and storage. The lobby has been tastefully upgraded with tile accents. Each floor includes two restrooms, and the spacious office suites offer flexibility for a variety of business uses. Current occupants include established attorneys, insurance professionals, and property management. The upper two floors offer flexible occupancy options for potential owner-users or investors, while the first floor remains leased with stable tenancy in place. Additional improvements include a newer roof, updated air conditioning systems, elevator updates, and abundant windows providing excellent natural light throughout. Access to the newly beautified rear alley further enhances convenience and appeal. This presents an exceptional opportunity for investors, owner-users, or those seeking a prestigious downtown presence with endless possibilities for future growth and subdivision potential.
    Location Intelligence

    Current Use by Public Records

    Riley, Resar & Associates, ... Law Firm FireFish Arts Theater & Performing Art Venue LaVeck Law, LLC Law Firm Lorain County Democratic ... Corporate Office The Liberty Company Insurance ... Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1809944
    Latitude
    41.4591883

    FAQs

    What type of property is this?
    Office building - Well-maintained office building in a prime downtown location.
    Where is this office building located?
    The property is located at 520 Broadway Lorain, OH.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: Prime downtown location in the city's revitalization and entertainment district, offering unmatched accessibility and exposure.; Exceptionally well‑maintained 3‑story professional office building with pride of ownership evident throughout.; Nearly fully occupied with stable tenancy, including established professionals, providing immediate income potential.
    More about this property
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