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Two-Unit Mixed-Use Building
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668 Broadway, Lorain, OH 44052

Two-story commercial property with street-level retail and built-out office space above.

Property SizeContact for details
Days on Market8

Property Features for 668 Broadway

General Information

Standard status Active
Property subtype Retail, Office
Zoning MU
Occupancy 100%

Additional Details

Opportunity Zone Yes
Corner Location Yes
Office Units 1

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Professional Realty Mason
Listed By: David Mussari · License #BRKP.2007001761
Source: Crexi
Added: Aug 24 Changed: Aug 31 Last Checked: Aug 31 at 1:19PM

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 Berkshire Hathaway HomeServices Professional Realty Mason

Investment Insights

Based on property information with market context.

This MU-zoned, two-unit building combines an open retail suite on the ground floor with built-out office space on the second level. The retail area includes large glass windows, back-stock space, and restrooms. The upper unit is occupied by an audio, video, and live-streaming production operation, while the property is fully leased on short-term agreements.

Positioned at the Broadway and 7th Street corner in downtown Lorain, the property is near the Palace Theater, Rockin’ on the River, Ariel Broadway Hotel, Lorain Harbor, restaurants, coffee shops, personal services, and professional offices. Lorain is located approximately 45 minutes west of Cleveland on Lake Erie, near the Black River’s connection with the lake. The property is also within an opportunity zone.

Key Highlights

  • Two‑unit mixed‑use building at Broadway and 7th Street
  • MU zoning and opportunity zone designation
  • Ground‑floor retail with glass windows, open area, back‑stock space, and restrooms

Property Analytics

Current Use

Broadwaves Studios Recording Studio

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Restaurant 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.

Lease Details

1
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial property with street-level retail and built-out office space above.
Where is this mixed-use property located?
The property is located at 668 Broadway Lorain, OH.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two‑unit mixed‑use building at Broadway and 7th Street; MU zoning and opportunity zone designation; Ground‑floor retail with glass windows, open area, back‑stock space, and restrooms
More about this property
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