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    Lorain, OH
    Office Units

    Lorain, OH Office Units for Sale

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    6 properties
    Downtown Lorain Flexible Retail/Office Space
    Updated: Jan 26
    Downtown Lorain Flexible Retail/Office Space

    916 Broadway, Lorain, OH 44052

    $170,000
    3,500 sqft 0.09 AC lot
    Prime downtown Lorain location with high foot traffic.
    Boasting over 3,500 square feet of flexible, usable space.
    Large front‑facing windows for excellent visibility and branding.
    Rear garage access for added convenience.
    Suitable for retail, office, studio, or creative space.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    916 Broadway, Lorain, OH, 44052-1950

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $207K
      Above asking

    • Last Sold

      Apr 2024
      $34K

    • Property Type

      Retail Stores
      Built 1950
    View Property Analytics
    Three-Story Professional Office Building
    Updated: May 15
    Three-Story Professional Office Building

    520 Broadway, Lorain, OH 44052

    $799,900
    0.14 AC lot
    Established, well‑maintained 3‑story professional office building built in 1920.
    Approximately 15,000 sq ft building per owner, nearly fully occupied with about 500 sq ft currently available.
    Heating: forced air (natural gas); cooling: central air.
    Elevator access with ability to lock off individual floors; two stairwells; full basement for additional utility/storage.
    Two restrooms on each floor; lobby upgraded with tile accents.
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    Multi-Unit Office Building
    Multi-Unit Office Building

    1670 Cooper Foster Park Road W, Lorain, OH 44053

    $475,000
    0.48 AC lot

    Office building originally built as four suites, last used as a doctor’s office with one suite occupied by the owner.

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    Mixed-Use Investment Property For Sale
    Mixed-Use Investment Property For Sale

    4645 Oberlin Ave, Lorain, OH

    $469,000
    7,466 sqft 1.85 AC lot

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Office Space Near Emerging Interchange
    Office Space Near Emerging Interchange

    6145 Park Square Dr, Lorain, OH

    Contact for pricing
    3,244 sqft 0.92 AC lot

    Office space for sale near Target, Lowe’s, and Cleveland Clinic.

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    Office Space For Sale
    Office Space For Sale

    6155 Park Square Dr, Lorain, OH

    Contact for pricing
    2,150 sqft 0.51 AC lot

    Office space for sale in Lorain, Ohio.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Three-Office Suite with Break Room
    Three-Office Suite with Break Room

    5321 Meadow Lane Court, Sheffield Village, OH 44035

    $99,900
    0.02 AC lot

    Compact office space with three offices, two bathrooms, and a dedicated waiting and break area in Sheffield Village.

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    Professional Office Condo
    Professional Office Condo

    5319 Meadow Lane Court, Sheffield Village, OH 44035

    $285,000
    0.06 AC lot

    Custom office condo with separate public and private entrances, built for patient or client-facing professional use.

    View details
    Elyria Office Space For Sale
    Elyria Office Space For Sale

    124 Middle Ave, Elyria, OH

    $66,000
    2,200 sqft 0.01 AC lot

    Office space featuring private offices, kitchenette, and in-suite restroom.

    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    436 Cleveland Street, Elyria, OH 44035

    $199,900
    2,992 sqft 0.26 AC lot

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

    View details

    Lorain, OH Office Units Market Trends and Statistics

    Explore 6 office units for sale in Lorain, OH, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 10,966 square feet of properties for sale, with an estimated market value of $639,000.

    Sale prices for office units in Lorain, OH start at $170,000, averaging $319,500, and reaching up to $469,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 13
    Office buildings 5
    Medical Office Space 3

    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 average listing prices of real estate assets

    Neighborhood Average Price
    44052 $247.5K
    44053 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Lorain, OH

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