Lorain, OH Mixed-use Properties for Sale

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Elyria, OH Sheffield Lake, OH Avon, OH

$325,000

11,062 SF

Downtown Lorain Mixed-Use Opportunity

422 Broadway Avenue, Lorain, OH 44052

Revitalized downtown location suitable for culinary, retail, office, or mixed-use.

Prime downtown location on the 400 Block of Broadway with high foot traffic.
Flexible layout options on the first level suitable for multiple business concepts or tenants.
Second level offers additional income potential for office space, apartments, or creative studios.
Ample on‑street and off‑street parking available.
Close proximity to Lake Erie, hotel, and Black River Landing.

Updated: Mar 27

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$140,000

0.15 Acres

Lorain Mixed-Use Landmark Building

1605 Broadway, Lorain, OH 44052

Mixed-use building with retail and residential income potential.

Landmark building in Lorain's downtown area with mixed‑use zoning, offering diverse income potential.
Lower level approved for a restaurant, suitable for various business ventures.
Upper level features 3 residential units, providing significant rental income potential.
Structural work already completed, reducing initial renovation costs.
Blueprints available for both levels, simplifying the completion of the project.

Updated: Apr 7, 2025

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$655,000

12,615 SF

Turnkey Banquet Hall and Barbershop

Turnkey commercial property with banquet hall, catering, and barbershop.

4489 Oberlin Ave, Lorain, OH 44053

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$469,000

7,466 SF

Mixed-Use Investment Property For Sale

Mixed-use property featuring office, apartments, and warehouses.

4645 Oberlin Ave, Lorain, OH

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$185,000

2,207 SF

Mixed-Use Property in Downtown Elyria

Versatile mixed-use property with residential and commercial potential.

229 5th Street, Elyria, OH 44035

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Vermilion Mixed-Use Investment Opportunity

$649,000

5,940 SF

Vermilion Mixed-Use Investment Opportunity

Fully leased mixed-use building in Vermilion's Historic Downtown District.

628 Main St, Vermilion, OH

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Vermilion Freestanding Commercial Building

$795,000

3,830 SF

Vermilion Freestanding Commercial Building

3,830 SF commercial building suitable for various uses.

14006 W Lake Rd, Vermilion, OH 44089

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Mixed-Use Property in High-Traffic Location

$199,900

0.26 Acres

Mixed-Use Property in High-Traffic Location

Mixed-use property with retail/office space and residential apartment.

436 Cleveland Street, Elyria, OH 44035

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$99,900

1.00 Acre

High-Traffic Commercial Lot Opportunity

Expansive commercial lot in high-demand area, ideal for development.

551 North Main Street, Grafton, OH 44044

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$99,900

1.02 Acres

Prime Commercial Lot in Grafton

High-traffic, high-visibility 1+ acre commercial lot for development.

551 N Main Street, Grafton, OH 44044

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$69,900

0.21 Acres

High-Traffic Corner Commercial Lot

0.21-acre commercial lot at a signalized 5-way intersection.

27693 Butternut Ridge Road, North Olmsted, OH 44070

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High-Visibility Commercial Lot Opportunity

$99,900

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OFFICE/RESIDENTIAL (MIXED USE)

2,640 SF Lot: 0.14 Acres

Value Estimation by Request

Unit 1

2348 28th St, Lorain, OH 44055-2062

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OFFICE/RESIDENTIAL (MIXED USE)

2,162 SF Lot: 0.06 Acres

1759 Broadway, Lorain, OH 44052-3622

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OFFICE/RESIDENTIAL (MIXED USE)

3,696 SF Lot: 0.16 Acres

Value Estimation by Request

2848 Broadway, Lorain, OH 44055-1273

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OFFICE/RESIDENTIAL (MIXED USE)

4,802 SF Lot: 0.07 Acres

Value Estimation by Request

214 28th St, Lorain, OH 44055-1324

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OFFICE/RESIDENTIAL (MIXED USE)

2,814 SF Lot: 0.08 Acres

Value Estimation by Request

210 7th St, Lorain, OH 44052-1812

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OFFICE/RESIDENTIAL (MIXED USE)

2,500 SF Lot: 0.08 Acres

Value Estimation by Request

1840 Broadway, Lorain, OH 44052-3625

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OFFICE/RESIDENTIAL (MIXED USE)

3,240 SF Lot: 0.15 Acres

Estimated value

$560,000

3009 Pearl Ave, Lorain, OH 44055-1857

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OFFICE/RESIDENTIAL (MIXED USE)

1,040 SF Lot: 0.14 Acres

Value Estimation by Request

1732 28th St, Lorain, OH 44055-1704

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OFFICE/RESIDENTIAL (MIXED USE)

2,247 SF Lot: 0.06 Acres

Value Estimation by Request

404 Broadway, Lorain, OH 44052-1740

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Lorain, OH Mixed-Use Properties Investment Opportunities Market Analysis

Explore 72 mixed-use properties for sale in Lorain, OH, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 31,143 square feet of properties for sale, with an estimated market value of $1,449,000.

Sale prices for multi use buildings in Lorain, OH start at $325,000, averaging $483,000, and reaching up to $655,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 82K

Population Growth (5Y) +2.8%

Median Household Income $51,688

College Educated 22.5%

High-Yield Neighborhoods for Investment

Identify Lorain submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
44052	$255K
44053	$655K

Taxes & Financing

Tax Rate (average for all types) 6.83%

Property Tax per SF $92.34 per sq ft

Average Loan-to-Value 65.0%

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Lorain, OH Mixed-use Properties for Sale

Downtown Lorain Mixed-Use Opportunity

Revitalized downtown location suitable for culinary, retail, office, or mixed-use.

Lorain Mixed-Use Landmark Building

Mixed-use building with retail and residential income potential.

Turnkey Banquet Hall and Barbershop

Mixed-Use Investment Property For Sale

Opportunities in Nearby Cities

Mixed-Use Property in Downtown Elyria

Vermilion Mixed-Use Investment Opportunity

Vermilion Freestanding Commercial Building

Mixed-Use Property in High-Traffic Location

Potential Development Sites for Consideration

High-Traffic Commercial Lot Opportunity

Prime Commercial Lot in Grafton

High-Traffic Corner Commercial Lot

High-Visibility Commercial Lot Opportunity

Off-Market Properties in Lorain, OH

2919 Grv Ave, Lorain, OH 44055-2039

2104 28th St, Lorain, OH 44055-1933

1804 28th St, Lorain, OH 44055-1804

2402 Erie Ave, Lorain, OH 44053-1054

129 9th St, Lorain, OH 44052-1905

440 Broadway, Lorain, OH 44052-1740

1850 Washington Ave, Lorain, OH 44052-3875

3115 Elyria Ave, Lorain, OH 44055-1463

418 Broadway, Lorain, OH 44052-1740

1464 Broadway, Lorain, OH 44052-3414

226 28th St, Lorain, OH 44055-1324

2348 28th St, Lorain, OH 44055-2062

1759 Broadway, Lorain, OH 44052-3622

2848 Broadway, Lorain, OH 44055-1273

214 28th St, Lorain, OH 44055-1324

210 7th St, Lorain, OH 44052-1812

1840 Broadway, Lorain, OH 44052-3625

3009 Pearl Ave, Lorain, OH 44055-1857

1732 28th St, Lorain, OH 44055-1704

404 Broadway, Lorain, OH 44052-1740

Lorain, OH Mixed-Use Properties Investment Opportunities Market Analysis

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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