321 Colorado Ave Lorain, OH 44052

Property Details for 321 Colorado Ave

Year built

1948

Lot size

0.17 lot acres

Property size

4,590 SF

Property type

Commercial real estate

APN

02-01-002-108-008

APU

201002108008

Description

This exceptional 4,590 square foot commercial building presents a unique investment opportunity in the thriving city of Lorain, Ohio. Situated on a 0.17-acre lot at 321 Colorado Avenue, this property boasts an unparalleled location directly across from the Black River and Harborwalk riverfront residential development. Its prime position offers unparalleled access to the scenic beauty of the river and Lake Erie, as well as the vibrant energy of downtown Lorain. Within walking distance, you'll find a diverse array of amenities including restaurants, parks, shopping, and a theater, ensuring a high level of foot traffic and potential customer base. The building's existing structure provides a solid foundation for a variety of commercial ventures, allowing for creative redevelopment and adaptation to suit diverse business needs. This is an ideal opportunity for savvy developers and investors seeking to capitalize on the revitalization of Lorain's waterfront and its burgeoning economic growth. The strategic location, combined with the building's size and potential, makes this property a truly exceptional investment prospect in a rapidly developing area. The proximity to residential areas, recreational spaces, and the city center ensures high visibility and accessibility for any business. This is a chance to be part of a dynamic and growing community, contributing to its continued success while securing a strong return on investment. Don't miss this chance to acquire a piece of Lorain's exciting future.