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Corner Lot Investment Opportunity
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Broadway & E 23rd Street, Lorain, OH 44052

Income-producing corner lot near downtown and shopping.

Property SizeContact for details
Days on Market807

Property Features for Broadway & E 23rd Street

General Information

Standard status Active
Property subtype Land
Zoning B-2
Listing Agency: Russell Commercial Advisory
Listed By: Jeff Russell · License #1234
Source: Crexi
Added: Jun 16, 2024 Changed: Aug 8 Last Checked: Aug 30 at 11:38PM

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

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

310
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
(440) 315-0686 Call to check price and availability
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