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Multi-Section Office Building
For Sale
$295,000

717 Broadway, Lorain, OH 44052

CommercialSale, Lorain, OH

Property SizeContact for details
Lot Size0.16 Acres
Days on Market13

Property Features for 717 Broadway

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Elementary school district Lorain CSD - 4709
Middle school district Lorain CSD - 4709
High school district Lorain CSD - 4709
Directions From SR90 take Middle Ridge exit north, which turns into Broadway.
Standard status Active
APN 02-01-004-101-051
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8475

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Listing Agency: Russell Real Estate Services
Listed By: Donald Calhoun · License #2020006547
Added: Aug 26 Changed: Sep 6 Last Checked: Sep 7 at 7:06PM
MLS# 5236021

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property combines four connected sections at 711, 713, 715, and 717 Broadway, each measuring approximately 1,667 square feet with matching basement space. The layouts include private offices, lobbies, restrooms, a conference room, and open areas. One section includes a front office, restroom, three-car garage with two doors, and an upper loft where an efficiency-apartment layout has been started with electrical and plumbing in place. Another section is configured as open storage space and requires a complete makeover.

The property sits on 0.156 acres and includes a parking lot on the north side plus a larger lot to the east. Each section has its own HVAC system and hot water tank. Additional property systems include forced-air natural gas heat, central air, public water, and public sewer. Built in 1920, the building has served office users, including an attorney’s office and a bail bonds office.

Key Highlights

  • Four connected sections at 711, 713, 715, and 717 Broadway
  • Approximately 1,667 square feet per section plus equivalent basement space
  • 717 includes a 3‑car garage with 2 doors and an upper loft

Property Analytics

Current Use

Gerald Mielcarek Investigations Law Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Pharmacy Hair Salon

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

297
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Four connected office sections offer distinct layouts, dedicated building systems, parking areas, and flexible commercial use.
Where is this office building located?
The property is located at 717 Broadway Lorain, OH.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Four connected sections at 711, 713, 715, and 717 Broadway; Approximately 1,667 square feet per section plus equivalent basement space; 717 includes a 3‑car garage with 2 doors and an upper loft
More about this property
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