1744 Iowa Ave Lorain, OH 44052

This offering presents a strategic opportunity to acquire a pair of single-story industrial buildings totaling 15,786 square feet on a 2.72-acre lot in Lorain, Ohio. The property, zoned for light industrial use, features a 16-foot ceiling height, one loading dock, and one drive-in. Currently 100% occupied by a single tenant under a sale-leaseback agreement with a remaining term of five years at a monthly rent of $3,500. The sale price is $459,000. This prime location offers convenient access to I-90, Route 2, I-80 (Ohio Turnpike), US 6, and OH SR 57, placing it within a 35-minute drive of Cleveland and Cleveland-Hopkins International Airport. The property is situated within Lorain County Opportunity Zone 39093023000, potentially offering preferential tax treatment. This is an exceptional opportunity for investors seeking a stable, income-generating asset with strong potential for future growth in a desirable location. The property is offered as a sale-leaseback, providing immediate cash flow and long-term lease security. The building's functional layout and ample space make it suitable for a variety of industrial uses.