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Corner Commercial Land
New
For Sale
$79,900

V/L Broadway, Lorain, OH 44052

Land, Lorain, OH

Property SizeContact for details
Lot Size0.11 Acres
Days on Market6

Property Features for V/L Broadway

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot, Paved or Surfaced, Driveway
Lot features City Lot, Split Possible, Level, Near Public Transit
View City
Elementary school district Lorain CSD - 4709
Middle school district Lorain CSD - 4709
High school district Lorain CSD - 4709
Directions Broadway and E23rd St
Standard status Active
APN 02-01-003-174-006
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description D M SPG FRNT 0033.00 DPTH 0150.00
Tax Annual Amount 920
Legal Description D M SPG FRNT 0033.00 DPTH 0150.00

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Russell Real Estate Services
Listed By: Andrea Neal · License #2004002356
Added: Sep 5 Changed: Sep 10 Last Checked: Sep 10 at 6:06AM
MLS# 5242996

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 0.11-acre commercial land parcel occupies a corner position along Broadway in Lorain. The site is partially paved and includes a parking lot, paved or surfaced areas, and a driveway. Public water and public sewer serve the property.

Existing month-to-month leases support billboard and parking-lot use. The parcel is situated in downtown Lorain near major highways, shopping, restaurants, churches, schools, and grocery stores, providing a range of surrounding commercial and community services.

Key Highlights

  • 0.11‑acre commercial land parcel
  • Corner location along Broadway in Lorain
  • Partially paved site with parking lot and driveway

Property Analytics

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Current Use

Commercial land

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Partially paved corner parcel with public water and sewer service and existing month-to-month billboard and parking leases.
Where is this commercial land located?
The property is located at V/L Broadway 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: 0.11‑acre commercial land parcel; Corner location along Broadway in Lorain; Partially paved site with parking lot and driveway
More about this property
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