1534 28th St Lorain, OH 44055-1606
Property profile & analytics
1534 28th St, Lorain, OH 44055-1606
- Retail space
- 5,148 SF
- 0.28 lot acres
Property ID
US66-1866738
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Jay's Remodeling General Contractor / Renovation Specialist / General Contractor
Property Details for 1534 28th St
- Year built
- 1950
- Lot size
- 0.28 lot acres
- Property type
- Retail space
- APN
- 03-00-097-103-011
- APU
- 300097103011
Description
This exceptional commercial property in Lorain, Ohio, presents a unique investment opportunity. Located at 1534 E 28th Street, this 0.56-acre lot features a retail building with a fully operational auto body shop and a separate apartment. The auto body shop boasts a grandfathered-in custom spray/paint room, compliant with city, county, and EPA standards, a feature difficult to replicate today. This room is insulated, custom-built, and ventilated for professional use, and includes a recently updated paint mixing system with software and hardware, connected to a supplier for convenient refills. The shop also includes a frame straightening machine and other equipment, an office space, an open floor plan shop area with multiple large door entries, and is situated on three parcels, allowing for potential expansion. Adding to its versatility, a large one-bedroom, one-bathroom apartment is located above the shop, offering on-site living convenience or potential rental income. A detached garage is also included. The asking price is $240,000. This turnkey operation is ready for immediate use and offers significant income potential for a car enthusiast, experienced mechanic, or expanding business. The property's unique combination of retail space, auto body shop, and residential apartment makes it a truly exceptional investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lorain
- County
- Lorain
- State
- Ohio
- Longitude
- -82.1479
- Latitude
- 41.445
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,550
$5,604
$14,133
$19,737
-
$16,010
$40,380
$56,390
