Lorain, OH Retail Space for Sale

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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.

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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

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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

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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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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.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 4 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 1 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.

Free-Standing Restaurant Building

1519 West River Rd North, Elyria, OH 44035

$150,000

10,583 sqft 3.67 AC lot

Vacant second-generation restaurant on a hard-corner intersection with substantial parking and two curb cuts for flexible use.

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Remodeled Corner Retail Building

3619 Liberty Avenue, Vermilion, OH 44089

$180,000

0.64 AC lot

Stand-alone remodeled retail building on a corner lot with signage visibility and parking for 20+ cars.

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Retail Property Near New Development

2901 Liberty Ave, Vermilion, OH

$2,250,000

25,000 sqft 2.62 AC lot

NNN lease property adjacent to a 700-home development.

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Two-Story Retail and Apartment Building

436 Cleveland Street, Elyria, OH 44035

$199,900

0.26 AC lot

First-floor retail/office with enclosed porch plus a 2-bedroom, 2-bath apartment above.

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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.

Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000

900 sqft 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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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.