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Downtown Storefront with Rear Garage
For Sale
$170,000

916 Broadway, Lorain, OH 44052

SINGLE_FAMILY - Lorain, OH

Property Size3,500 SF
Lot Size0.07 Acres
Price / SF$48.57
Days on Market47

Property Features for 916 Broadway

General Information

Property type Residential
Property subtype Retail
Parking features On Street
Subdivision Selah Chamberlain
Elementary school district Lorain CSD - 4709
Middle school district Lorain CSD - 4709
High school district Lorain CSD - 4709
Directions DOWNTOWN LORAIN, SOUTH OF BROADWAY AVE.
Standard status Active
APN 02-01-003-120-020
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CHAMBERLAIN 24.67 X 134 LOT # 4
Tax Annual Amount 2081
Legal Description CHAMBERLAIN 24.67 X 134 LOT # 4

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1950
Listing Agency: Keller Williams Citywide · Keller Williams Realty
Listed By: Angie Lopez · License #2021002776
Added: Jun 24 Last Checked: Aug 9 at 8:06AM
MLS# 5217989

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 versatile commercial property at 916 Broadway in Lorain offers over 3,500 square feet of functional space designed to accommodate a range of business needs. The building features expansive storefront windows that support retail presentation, signage, and customer visibility. For operations and deliveries, the property also includes convenient rear garage access, adding practical flexibility to the layout. The site is listed at approximately 0.07 acres.

Positioned in the center of downtown Lorain, the property is described as being just a few buildings down from the “Broadway” sign. This setting places the building within an active downtown environment with pedestrian traffic referenced in the remarks, which can support businesses that benefit from walk-in exposure.

With the combination of storefront frontage, interior flexibility, and rear garage access, the property may fit multiple concepts, including retail, office, showroom, studio, or other creative business uses referenced in the listing. Prospective tenants and buyers should consider how the front-facing windows and back-of-house access align with their day-to-day operations, customer traffic, and delivery needs.

Key Highlights

  • Over 3,500 SF versatile commercial space in downtown Lorain
  • Expansive storefront windows for visibility and signage opportunities
  • Rear garage access for operations and deliveries

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

579
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 49% Groceries 34% Electronics 11% Dining 6%
Save-A-Lot Groceries
5,136 visits/mo 0.5 miles
Dollar General Shops & Services
3,725 visits/mo 0.5 miles
Fifth Third Bank & ATM Shops & Services
3,290 visits/mo 0.3 miles
Metro by T-Mobile Electronics
1,109 visits/mo 0.4 miles
Domino's Pizza Dining
977 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Spacious storefront with large windows and rear garage access for retail, office, or showroom use.
Where is this retail space located?
The property is located at 916 Broadway Lorain, OH.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Over 3,500 SF versatile commercial space in downtown Lorain; Expansive storefront windows for visibility and signage opportunities; Rear garage access for operations and deliveries
More about this property
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