916 Broadway Ave Lorain, OH 44052
- Retail properties
- 3,550 SF
- 0.08 lot acres
Current Use by Public Records
- Retail properties
Property Details for 916 Broadway Ave
- Year built
- 1940
- Lot size
- 0.08 lot acres
- Property size
- 3,550 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 3,550 square foot storefront, located at 916 Broadway Avenue in Lorain, Ohio, presents a compelling investment opportunity. Situated on a 0.075-acre lot (APN 0201003120020), this single-story, Class B building boasts a prime location on Broadway Avenue. Built in 1940, the property is zoned MU and offers a single tenancy. Ideal for both owner-occupancy and rental income generation, this versatile space is perfect for a variety of retail or office uses. The property's substantial size provides ample room for a wide range of business ventures. Its prominent Broadway Avenue address ensures high visibility and accessibility, attracting significant foot traffic. The asking price is $375,000. This is a rare chance to acquire a well-positioned commercial property in a thriving Ohio community. Don't miss this chance to secure a strong investment in a high-traffic area. The property's single-story design and ample square footage offer flexibility and potential for customization to suit specific business needs. Its location in Lorain, Ohio, provides access to a robust local market and convenient transportation links.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lorain
- County
- Lorain
- State
- Ohio
- Longitude
- -82.173
- Latitude
- 41.4628
