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    Lorain, OH
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    Lorain, OH Retail Properties & Spaces for Sale

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    Downtown Lorain Flexible Retail/Office Space
    Updated: Jan 26
    Downtown Lorain Flexible Retail/Office Space

    916 Broadway, Lorain, OH 44052

    $170,000
    3,500 sqft 0.09 AC lot
    Prime downtown Lorain location with high foot traffic.
    Boasting over 3,500 square feet of flexible, usable space.
    Large front‑facing windows for excellent visibility and branding.
    Rear garage access for added convenience.
    Suitable for retail, office, studio, or creative space.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    916 Broadway, Lorain, OH, 44052-1950

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $207K
      Above asking

    • Last Sold

      Apr 2024
      $34K

    • Property Type

      Retail Stores
      Built 1950
    View Property Analytics
    Downtown Storefront with Rear Garage
    Updated: Jun 24
    Downtown Storefront with Rear Garage

    916 Broadway, Lorain, OH 44052

    $170,000
    0.07 AC lot
    Over 3,500 SF versatile commercial space in downtown Lorain
    Expansive storefront windows for visibility and signage opportunities
    Rear garage access for operations and deliveries
    Forced air heating
    On‑street parking
    View details
    Neighborhood Grocery Store on Corner
    Neighborhood Grocery Store on Corner

    2957 Pearl Avenue, Lorain, OH 44055

    $600,000
    0.33 AC lot

    Turnkey neighborhood grocery sale includes business, building, land, and equipment for immediate continued operation.

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    Mixed-Use Building with 3 Units
    Mixed-Use Building with 3 Units

    1605 Broadway, Lorain, OH 44052

    $140,000
    0.15 AC lot

    A mixed-use building featuring a restaurant-approved lower level and three upper residential units.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Corner Retail and Drive-Through Site
    Corner Retail and Drive-Through Site

    3035 Pearl Avenue, Lorain, OH 44055

    $250,000
    15,770 sqft

    Corner lot with dual-street access on a busy corridor, suited for quick-stop retail or drive-through concepts.

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    Turnkey Banquet Hall and Barbershop
    Turnkey Banquet Hall and Barbershop

    4489 Oberlin Ave, Lorain, OH 44053

    $655,000
    12,615 sqft

    Turnkey commercial property with banquet hall, catering, and barbershop.

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    Pizza Hut Investment Opportunity
    Pizza Hut Investment Opportunity

    2300 Cooper Foster Park Rd, Lorain, OH

    $1,882,000
    1.00 AC lot

    NNN leased Pizza Hut with annual rent increases.

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    Former Rite Aid Retail Building
    Former Rite Aid Retail Building

    2853 Grove Ave, Lorain, OH

    $1,200,000
    11,312 sqft 1.14 AC lot

    Freestanding 11,312 SF building, high traffic, strong sales history.

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    Retail Shopping Center Opportunity
    Retail Shopping Center Opportunity

    2253 Colorado Ave, Lorain, OH 44052

    Contact for pricing

    For-sale retail shopping center at 2253 Colorado Ave, suited for neighborhood-focused tenant uses.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Auto Service Center For Sale
    Freestanding Auto Service Center For Sale

    42483 N Ridge Rd, Elyria, OH

    $550,000
    2,881 sqft 0.52 AC lot

    2,881 SF auto service center on a corner lot.

    View details
    Restaurant with 53-Foot Bar
    Restaurant with 53-Foot Bar

    5348 E Lake Road, Sheffield Lake, OH 44054

    $700,000
    1.33 AC lot

    Multiple dining and event areas, plus a leased banquet hall, support flexible food-and-beverage operations.

    View details
    Commercial Property with High Visibility
    Commercial Property with High Visibility

    1950 Abbe Road North, Sheffield Lake, OH 44054

    $315,000

    C-3 zoned commercial property with flexible space and strong traffic.

    View details
    Prime Location Commercial Land
    Prime Location Commercial Land

    43033 North Ridge Road, Elyria, OH 44035

    $100,000

    High-traffic land ideal for storage, offices, retail, or apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lorain Commercial Lot Near Downtown
    Lorain Commercial Lot Near Downtown

    1122 F Street, Lorain, OH 44052

    $149,900
    1.26 AC lot

    Commercial lot in Lorain, ready for redevelopment or adaptive reuse.

    View details
    23 Acres of Zoned Land
    23 Acres of Zoned Land

    V/L Clinton Avenue, Lorain, OH 44055

    $325,000
    23.18 AC lot

    Over 23 acres of land zoned B-2 in Lorain, OH.

    View details
    Light Industrial Land Parcel
    Light Industrial Land Parcel

    7475 S Dewey Road, Amherst, OH 44001

    $145,900
    1.99 AC lot

    Level 1.99-acre industrial land in Amherst suited for light industrial development and service-oriented uses.

    View details
    Commercial Land in Retail Area
    Commercial Land in Retail Area

    2295 Nagel Rd, Avon, OH 44011

    Contact for pricing
    12.00 AC lot

    12 acres of commercial land with high visibility.

    View details

    Off-Market Properties in Lorain, OH

    Consider similar Off-Market properties in Lorain, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2812 Erie Ave
    RESTAURANT

    2812 Erie Ave, Lorain, OH 44053-1256

    Value Estimation by Request
    2,728 sqft 0.80 AC lot
    View details
    4326 Leavitt Rd Ste A
    SHOPPING CENTER, STRIP CENTER

    4326 Leavitt Rd Ste A, Lorain, OH 44053-2388

    $1,725,000
    Estimated value
    20,000 sqft 1.83 AC lot
    View details
    2229 Broadway
    RETAIL STORES (PERSONAL SERVICES)

    2229 Broadway, Lorain, OH 44052-3647

    Value Estimation by Request
    2,860 sqft 0.17 AC lot
    View details
    1301 Brownell Ave
    RETAIL STORES (PERSONAL SERVICES)

    1301 Brownell Ave, Lorain, OH 44052-1541

    Value Estimation by Request
    760 sqft 0.14 AC lot
    View details
    1795 Rdg E Rd
    VEHICLE SALES, RENTALS

    1795 Rdg E Rd, Lorain, OH 44055-3243

    Value Estimation by Request
    640 sqft 0.90 AC lot
    View details
    4876 Erie Ave
    RETAIL STORES (PERSONAL SERVICES)

    4876 Erie Ave, Lorain, OH 44053

    Value Estimation by Request
    5,600 sqft 1.11 AC lot
    View details
    1211 Tower Blvd
    DEPARTMENT STORE

    1211 Tower Blvd, Lorain, OH 44053-2914

    Value Estimation by Request
    30,200 sqft 2.60 AC lot
    View details
    2402 Erie Ave, Unit 2406
    PARKING GARAGE, PARKING STRUCTURE

    2402 Erie Ave, Lorain, OH 44053-1054

    Unit 2406
    Value Estimation by Request
    0.13 AC lot
    View details
    713 5th St
    RESTAURANT

    713 5th St, Lorain, OH 44052-1619

    Value Estimation by Request
    9,360 sqft 0.21 AC lot
    View details
    1408 Cooper Foster Park W Rd
    RESTAURANT

    1408 Cooper Foster Park W Rd, Lorain, OH 44053-3615

    Value Estimation by Request
    2,173 sqft 0.70 AC lot
    View details
    4286 Oberlin Ave
    RESTAURANT

    4286 Oberlin Ave, Lorain, OH 44053-2925

    Value Estimation by Request
    1,740 sqft 0.35 AC lot
    View details
    500 Erie Ave
    GAS STATION

    500 Erie Ave, Lorain, OH 44052-2033

    Value Estimation by Request
    2,820 sqft 0.11 AC lot
    View details
    Gary Ave
    PARKING GARAGE, PARKING STRUCTURE

    Gary Ave, Lorain, OH 44052

    Value Estimation by Request
    0.35 AC lot
    View details
    1515 Broadway
    RESTAURANT

    1515 Broadway, Lorain, OH 44052-3437

    Value Estimation by Request
    2,052 sqft 0.47 AC lot
    View details
    1924 Broadway
    RETAIL STORES (PERSONAL SERVICES)

    1924 Broadway, Lorain, OH 44052-3627

    Value Estimation by Request
    1,125 sqft 0.08 AC lot
    View details

    Lorain, OH Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Lorain, OH, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 43,197 square feet of properties for sale, with an estimated market value of $2,275,000.

    Sale prices for stores in Lorain, OH start at $170,000, averaging $568,750, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 10
    Storefront properties 5
    Grocery and convenience stores 3
    Banks 2
    Auto shops 1

    Demographics Overview

    Population 82K
    Population Growth (5Y) +2.8%
    Median Household Income $51,688
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

    Identify Lorain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44052 $246.3K
    44053 $293K
    44055 $325K

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

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    • 44055
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