Lorain, OH Specialty Properties for Sale

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Updated: Jul 16

Historic Church and Auditorium

400 Washington Avenue, Lorain, OH 44052

$500,000

21,444 sqft

Historic building built in 1926, originally constructed as a Masonic Temple and currently operating as a church
Corner lot with neoclassical façade and prominent community presence
Grand foyer with terrazzo flooring, coffered ceilings, elegant lighting, and original architectural details
Main sanctuary with hardwood floors, tall windows, decorative moldings, and an elevated stage
Includes an auditorium with a stage and expansive open floor area for events, programs, or redevelopment

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Updated: Apr 22

Light Industrial Storage Building

1735 Iowa Avenue, Lorain, OH 44052

$245,000

6,272 sqft

Specialty light industrial/storage building
Five (5) drive‑in doors for convenient loading and access
Small interior office space
Quick access to SR 611 and I‑90

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All Brick Building For Sale

4940 Oberlin Ave, Lorain, OH 44053

$225,000

2,640 sqft

All brick building, currently a child care center, for sale.

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Specialty Retail Property

2229 W 21st Street W, Lorain, OH 44052

$239,900

For sale on the east side of W 21st St just past a Family Dollar at the corner of N Leavitt Rd.

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Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 4 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 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.

Brand New Dollar General NNN

3355 Liberty Avenue, Vermilion, OH 44089

$2,202,400

10,640 sqft

Brand new Dollar General secured by a 15-year absolute NNN structure for investors seeking a long-term net lease.

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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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Land Available in Elyria, Ohio

Skyline Drive lot: 32, Elyria, OH 44035

$54,900

0.20 AC lot

Land for sale in Elyria, Ohio with 0.20 acres.

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Established Daycare Facility For Sale

250 Winckles Street, Elyria, OH 44035

$225,000

Turnkey daycare opportunity with classrooms, kitchen, playground, and included furniture.

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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.

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.

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Land with Redevelopment Potential

1715-1731 Vernon Odom Boulevard, Akron, OH 44320

$329,000

13,000 sqft 5.83 AC lot

5.83 acres with redevelopment potential near I-77.

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Land in Roaming Shores, OH

2107 N Park Lane, Roaming Shores, OH 44084

Contact for pricing

0.24 AC lot

Land offering recreational activities, lake access, and resort-style amenities.

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Detroit Land for Residential Development

2190 Philip Street, Detroit, MI 48215

Contact for pricing

0.07 AC lot

Vacant land suitable for residential or community-based development.

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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.

CHARITABLE ORGANIZATION

1741 Rdg E Rd, Lorain, OH 44055-3200

Value Estimation by Request

4,231 sqft 100.00 AC lot

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CHARITABLE ORGANIZATION

2726 Caroline Ave, Lorain, OH 44055-1355

Value Estimation by Request

8,982 sqft 0.37 AC lot

View details

FUNERAL HOME

2920 Broadway, Lorain, OH 44055-1271

Value Estimation by Request

2,376 sqft 0.21 AC lot

View details

COMMERCIAL MISC

5431 Erie Ave, Lorain, OH 44053

$630,000

Estimated value

4,320 sqft 1.02 AC lot

View details

FUNERAL HOME

2701 Elyria Ave, Lorain, OH 44055-1338

Value Estimation by Request

8,072 sqft 0.13 AC lot

View details

COMMERCIAL MISC

2937 Elyria Ave, Lorain, OH 44055-1334

Value Estimation by Request

2,596 sqft 0.09 AC lot

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FUNERAL HOME

3900 Broadway, Lorain, OH 44052-5434

Value Estimation by Request

3,500 sqft 0.41 AC lot

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DAY CARE, PRE-SCHOOL

2500 Colorado Ave, Lorain, OH 44052-3006

Value Estimation by Request

8,724 sqft 3.00 AC lot

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FUNERAL HOME

3001 Elyria Ave, Lorain, OH 44055-1449

Value Estimation by Request

5,982 sqft 0.15 AC lot

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FUNERAL HOME

2652 Broadway, Lorain, OH 44052-4834

Value Estimation by Request

5,583 sqft 0.16 AC lot

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FUNERAL HOME

1785 31st St, Lorain, OH 44055

Value Estimation by Request

2,748 sqft 0.22 AC lot

View details

Land

0 Pearl Ave, Lorain, OH 44055

Value Estimation by Request

0.70 AC lot

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Day care centers

6050 Park Square Dr, Lorain, OH 44053

Value Estimation by Request

7,490 sqft 1.10 AC lot

View details

CHARITABLE ORGANIZATION

4562 Oberlin Ave, Lorain, OH 44053-3113

Value Estimation by Request

5,206 sqft 1.21 AC lot

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CHARITABLE ORGANIZATION

4567 Oberlin Ave, Lorain, OH 44053-3112

Value Estimation by Request

10,059 sqft 1.25 AC lot

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CHARITABLE ORGANIZATION

3038 Charleston Ave, Lorain, OH 44055-2164

Value Estimation by Request

8,000 sqft 0.16 AC lot

View details

FUNERAL HOME

3224 Broadway, Lorain, OH 44055-1265

Value Estimation by Request

7,176 sqft 0.32 AC lot

View details

FUNERAL HOME

1124 5th St, Lorain, OH 44052-1412

Value Estimation by Request

4,466 sqft 0.23 AC lot

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Lorain, OH Specialty Properties Market Trends and Statistics

Explore 22 specialty properties for sale in Lorain, OH, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 30,356 square feet of properties for sale, with an estimated market value of $970,000.

Sale prices for properties in Lorain, OH start at $225,000, averaging $323,333, and reaching up to $500,000 — 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

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
44053	$255K

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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Lorain, OH Specialty Properties for Sale

400 Washington Avenue, Lorain, OH 44052

1735 Iowa Avenue, Lorain, OH 44052

4940 Oberlin Ave, Lorain, OH 44053

2229 W 21st Street W, Lorain, OH 44052

Opportunities in Nearby Cities

3355 Liberty Avenue, Vermilion, OH 44089

2901 Liberty Ave, Vermilion, OH

Skyline Drive lot: 32, Elyria, OH 44035

250 Winckles Street, Elyria, OH 44035

Potential Development Sites for Consideration

1122 F Street, Lorain, OH 44052

1715-1731 Vernon Odom Boulevard, Akron, OH 44320

2107 N Park Lane, Roaming Shores, OH 44084

2190 Philip Street, Detroit, MI 48215

Off-Market Properties in Lorain, OH

1741 Rdg E Rd, Lorain, OH 44055-3200

2726 Caroline Ave, Lorain, OH 44055-1355

2920 Broadway, Lorain, OH 44055-1271

5431 Erie Ave, Lorain, OH 44053

2701 Elyria Ave, Lorain, OH 44055-1338

2937 Elyria Ave, Lorain, OH 44055-1334

3900 Broadway, Lorain, OH 44052-5434

2500 Colorado Ave, Lorain, OH 44052-3006

3001 Elyria Ave, Lorain, OH 44055-1449

2652 Broadway, Lorain, OH 44052-4834

1785 31st St, Lorain, OH 44055

0 Pearl Ave, Lorain, OH 44055

6050 Park Square Dr, Lorain, OH 44053

4562 Oberlin Ave, Lorain, OH 44053-3113

4567 Oberlin Ave, Lorain, OH 44053-3112

3038 Charleston Ave, Lorain, OH 44055-2164

3224 Broadway, Lorain, OH 44055-1265

1124 5th St, Lorain, OH 44052-1412

Lorain, OH Specialty Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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