1600-1604 Kansas Ave Lorain, OH 44052
- Warehouses
- 38,556 SF
- 3.31 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1600-1604 Kansas Ave
- Lot size
- 3.31 lot acres
- Property size
- 38,556 SF
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional 3.31-acre property in Lorain, Ohio, presents a unique owner-user or redevelopment opportunity. The site encompasses two buildings totaling 38,556 square feet, offering diverse possibilities. The main building, totaling 35,559 square feet, comprises a former grocery store (18,613 SF) currently used as office space, and a 16,946 SF high-bay warehouse (22' ceilings) with front and rear loading areas. A separate 2,997 square foot former bank building with a drive-thru is also included. The property sits on a 3.31-acre lot and benefits from I-1 Light Industrial zoning for the main building and B-2 General Commercial zoning for the bank building. Located minutes from downtown Lorain, this site is strategically positioned within a dense market of 50,400 people within a 3-mile radius, exhibiting a 0.4% annual population growth. The property is soon to be vacant, offering immediate occupancy for a new owner. This versatile property is ideal for a variety of uses, making it an attractive investment opportunity. The asking price is $1,985,000. The address is 1600-1604 Kansas Ave, Lorain, OH 44052.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lorain
- County
- Lorain
- State
- Ohio
- Longitude
- -82.1584
- Latitude
- 41.4672