Freestanding Storefront with Open
For Sale
$199,888
523 W 23rd Street, Lorain, OH 44052
Corner commercial building with a flexible interior, updated systems, central air, and a full bathroom.
Property SizeContact for details
Days on Market12
Property Features for 523 W 23rd Street
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$560
Listing Agency:
The Sweda Group, LLC.
(440) 934-1000
Listed By:
Holly Wilsey
(440) 830-1990
Source:
Exprealty
Added: Sep 14
Changed: Sep 22
Last Checked: Sep 24 at 2:52PM
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 The Sweda Group, LLC.
Investment Insights
Based on property information with market context.
This freestanding storefront building contains 1,584 square feet with an open interior arrangement, a full bathroom, and central air installed in 2021. The roof was replaced in 2020, and additional work includes updates to the electrical system, electrical panel, plumbing, and light fixtures. The property was formerly occupied by Rudy's Market.
Positioned at 523 W 23rd Street at Oakdale Avenue in Lorain, the building sits near Central Park within an established residential neighborhood. Two small driveways serve the rear of the property, which also includes additional space that may support parking. Buyer to verify zoning, permitted uses, parking requirements, and intended uses with the City of Lorain.
Positioned at 523 W 23rd Street at Oakdale Avenue in Lorain, the building sits near Central Park within an established residential neighborhood. Two small driveways serve the rear of the property, which also includes additional space that may support parking. Buyer to verify zoning, permitted uses, parking requirements, and intended uses with the City of Lorain.
Key Highlights
- 1,584‑square‑foot freestanding storefront building
- Open interior layout with full bathroom
- Central air installed in 2021
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
AutoZone
Shops & Services
3,981 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
3,204 visits/mo
0.4 miles
Family Dollar
Shops & Services
2,597 visits/mo
0.4 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
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner commercial building with a flexible interior, updated systems, central air, and a full bathroom.
Where is this storefront property located?
The property is located at 523 W 23rd Street Lorain, OH.
What is the asking price?
The asking price for this property is $199,888.
What are key features of this property?
This property features: 1,584‑square‑foot freestanding storefront building; Open interior layout with full bathroom; Central air installed in 2021
