Broadway & E 23rd Street Lorain, OH 44052

Listing Agency Russell Commercial Advisory j***@gmail.com Show Phone

Listed by Jeff Russell · License #1234

Source Crexi

Added: Jun 16, 2024 Checked: Jul 17 at 1:29 pm

Report an Issue

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 Commercial Advisory

---

Investment Insights

Based on property information with market context.

This commercial land offers growth potential. The investment property is currently generating income through a billboard contract and parking lot rentals for a nearby business. Its location provides convenient access to shopping and the downtown area. This corner lot represents an opportunity to add to an income-producing portfolio.

Key Highlights

• Massive corner lot with growth potential.
• Income‑producing investment property.
• Billboard under contract for additional income.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $799,900

  15,000 SF

  Downtown Lorain Professional Office Building

  Well-maintained office building in Lorain's revitalization district.

  520 Broadway, Lorain, OH 44052

  View Details
• 

  $375,000

  Freestanding Restaurant Property

  For sale: a long-running restaurant operation with the underlying real estate in Lorain County.

  2812 W Erie Avenue, Lorain, OH 44053

  View Details
• 

  $600,000

  Neighborhood Grocery Store on Corner

  Turnkey neighborhood grocery sale includes business, building, land, and equipment for immediate continued operation.

  2957 Pearl Avenue, Lorain, OH 44055

  View Details
• 

  $170,000

  Downtown Storefront with Rear Garage

  Spacious storefront with large windows and rear garage access for retail, office, or showroom use.

  916 Broadway, Lorain, OH 44052

  View Details
• 

  $775,000

  17,567 SF

  Multi-Use Entertainment and Dining Building

  Solid brick building with a bowling alley, dining/bar areas, banquet space, and central air for multiple revenue uses.

  2915 Broadway, Lorain, OH

  View Details
• 

  $145,000

  1,784 SF

  Tenant-Occupied Duplex

  Two unit residential income property in Lorain, OH, currently tenant-occupied and offered for sale.

  1143 W 9th Street, Lorain, OH 44052

  View Details
• 

  $799,900

  15,000 SF

  Downtown Professional Office Building

  Well-maintained office building in a prime downtown location.

  520 Broadway, Lorain, OH 44052

  View Details
• 

  $1,497,600

  24,960 SF

  Lorain Manufacturing/Warehouse Facility For Sale

  24,960 SF manufacturing/warehouse on 3.45 acres for sale.

  2201 W Park Dr, Lorain, OH 44053

  View Details
• 

  $199,900

  2,231 SF

  Duplex and Single-Family Home

  Multi-unit property with duplex and single-family home on one lot.

  526-528 Hamilton Avenue, Lorain, OH 44052

  View Details
• 

  $4,525,000

  73,360 SF

  Two Industrial Buildings For Sale

  Two industrial buildings totaling 73,360 SF on 11.01 acres.

  7425-7405 Industrial Parkway Dr, Lorain, OH 44053

  View Details
• 

  $375,000

  4,000 SF

  Restaurant and Real Estate Opportunity

  Acquire an operating restaurant plus the underlying property at 2812 West Erie Ave, Lorain.

  2812 West Erie Ave, Lorain, OH

  View Details
• 

  $225,000

  1,736 SF

  Brick Ranch Duplex with Center Garage

  Two matching 2-bedroom units with separate laundry and crawl-space access, suited for owner-occupant or rental income.

  605 W 36th Street, Lorain, OH 44052

  View Details

FAQs

What type of property is this?

Commercial land - Income-producing corner lot near downtown and shopping.

Where is this commercial land located?

The property is located at Broadway & E 23rd Street Lorain, OH.

What is the asking price?

The asking price for this property is $79,900.

What are key features of this property?

This property features: Massive corner lot with growth potential.; Income‑producing investment property.; Billboard under contract for additional income.