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Historic Mixed-Use Building
For Sale
$249,900

822 Broadway, Lorain, OH 44052

Three-level property combines street-level retail with upper-floor space for office, hospitality, studio, or residential conversion.

Property Size6,534 SF
Price / SF$38.25
Days on Market19

Property Features for 822 Broadway

General Information

Standard status Active
Size 6,534 SF

Building Details

Year Built 1916
Listing Agency: Russell Real Estate Services
Listed By: Andrea Neal, Jeffrey W Neal · License #2013000845
Source: Theacclaimedrealty
Added: Aug 12 Changed: Aug 28 Last Checked: Aug 29 at 11:32AM

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.

Built in 1916, this 6,534-square-foot mixed-use building spans three floors and includes a street-level commercial area, two upper levels, and a basement. The interior features historic brickwork, tall ceilings, broad windows, a private ceramic-tile foyer, an open layout, a granite bar, two ADA bathrooms, and a partially completed kitchen. Additional features include rear access, a second-floor balcony facing Broadway Ave., and roof access from the upper level.

The property is situated in Lorain’s Historic District near Lake Erie and the Black River. Lake Erie, Black River Landing, the Palace Theater, shopping, schools, and churches are identified as nearby points of interest. Existing space supports retail, office, restaurant, studio, and residential-conversion concepts, subject to applicable approvals.

Key Highlights

  • 6,534 SF mixed‑use building constructed in 1916
  • Three floors plus basement storage or utility space
  • Street‑level commercial area with open layout, granite bar, and partially completed kitchen

Property Analytics

Current Use

Retail space

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

577
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 - Three-level property combines street-level retail with upper-floor space for office, hospitality, studio, or residential conversion.
Where is this mixed-use property located?
The property is located at 822 Broadway Lorain, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 6,534 SF mixed‑use building constructed in 1916; Three floors plus basement storage or utility space; Street‑level commercial area with open layout, granite bar, and partially completed kitchen
More about this property
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