This is a multi-address building 711, 713,715 & 717 which has been used as an Attorney's Office since 1981, and one office was rented by a Bail Bonds company for many years. The square footage is approximately 1,667 for each of the four sections with the same amount of basement square footage. Prime location on Broadway with a parking lot on the North side and a large parking lot to the rear or East side. Building 717 has a office in the front and restroom. The back has a 3-car garage with 2-doors and there is an upstairs loft where construction of an efficiency apartment has been laid out with electrical and plumbing. Address 715 is part of that same building and has a lobby, 3 offices and 2 restrooms. Address 713 also has a lobby, multiple offices, one large office with a private restroom and a large conference room. Address 711 is just one open area, and the restroom has been removed, the last time it opened it was a Maytag sale/distributor. This area has since only been used for storage and needs complete makeover. Each section has their own HVAC and hot water tanks.

717 Broadway, Lorain

Listing Courtesy of: Donald Calhoun, dcalhounsells@gmail.com With Russell Real Estate Services

$180,000

5241313 MLS

Check out this Excellent opportunity right off of Lake Erie!! This Renovated retail commercial building provides excellent opportunity for a property with flexible potential! The City has approved residential use, contingent upon certain modifications being completed, allowing the next owner the opportunity to create a residential space while benefiting from the property's existing commercial characteristics!! Conveniently located and accessible to local highways and neighboring communities, this one-story building is designed with a kitchen, two bathrooms, a waiting room, and three offices and is versatile enough to work for several business types such as a Medical/Dental/Chiropractic office, Law firm, accounting, or financial services, Salon/barbershop, Spa, massage, or holistic health center. Other recent updates include a new roof, new windows & doors, vinyl fencing, a recently resurfaced lot, new gas lines and new flooring throughout! Nice curb appeal adds to the intrinsic charm and character of this fine investment. Priced aggressively to sell fast, don't miss out on this one!!

2973 G Street, Lorain

Listing Courtesy of: Steven Lawson, stevelawson@superstevesells.com With Russell Real Estate Services

$1,400,000

5240621 MLS

Location, accessibility, visibility and opportunity come together at this versatile commercial property! Situated along the well-traveled S Broadway corridor, this property offers a highly accessible location with multiple access points, strong traffic exposure and convenient connections to major highways and surrounding communities. The existing brick commercial building provides flexibility for a variety of business concepts and may be utilized in its current configuration or redesigned and retrofitted to accommodate a new owner's specific needs. The property offers excellent potential for a franchise location, retail operation, professional office, service business, restaurant or other commercial venture. Conveniently located near established businesses, restaurants, shopping, schools, churches, parks and residential neighborhoods, the property benefits from both local and through traffic. Multiple access options provide added convenience for customers, employees and deliveries. Whether you're an owner-user, investor, developer or franchise operator searching for a location with visibility, accessibility and redevelopment potential this location offers an opportunity to bring your business vision to life.

6061 S Broadway, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

$330,000

5238406 MLS

OWNER-OCCUPANT OPPORTUNITY — INCOME ALREADY IN PLACE 5315 Oberlin Ave., Lorain, Ohio Put your business in a solid brick commercial building and let the existing rental income help offset your ownership costs. This versatile property offers two income-producing units generating $39,900 in gross annual rents, making it an excellent opportunity for an owner-occupant, investor, or growing business looking to own rather than rent. PROPERTY HIGHLIGHTS Solid brick commercial building Two units $39,900 in gross annual rental income New roof Separate storage barn for additional storage or business use Flexible setup for an owner-user with rental income Located on Oberlin Avenue in Lorain Opportunity to build equity while operating your business WHY KEEP PAYING RENT? For the right business owner, this property offers the best of both worlds: your own commercial location plus rental income from the property. Occupy the space you need, collect income from the other space, and start building equity in your own real estate. OWN YOUR BUSINESS LOCATION — AND LET THE PROPERTY HELP PAY FOR IT.

5315 Oberlin Avenue, Lorain

Listing Courtesy of: William M Swanzer, bill@swanzer.com With The Swanzer Agency

$144,900

5238304 MLS

4 bay car on busy street with great potential. Additional building currently rented. 3 lots totaling just over an acre. Many possibilities here. Storage, shop, small business concern.

1869 E 28th Street, Lorain

Listing Courtesy of: Rick Miller, reorick@brighthorizonsinc.net With Bright Horizons, Inc.

$249,900

5230211 MLS

Endless Possibilities Await Discovery! Bring your vision and breathe new life into this one-of-a-kind property in the heart of historic Lorain! Formally operated as a church, this distinctive multi-level building offers exceptional character, flexible space, and countless opportunities for a variety of future uses (subject to zoning and approvals). Prime corner lot location, On-site parking, Stunning, original stained-glass windows, Beautiful hardwood flooring, Attractive stone exterior. Multiple private offices, Ample storage space. Full basement for additional storage or future expansion, Private restrooms, Spacious multi-level floor plan ready to accommodate your vision. Conveniently located just minutes from Lake Erie, historic downtown Lorain, shopping, restaurants, schools, churches, parks, public library and so much more. This property offers both charm and accessibility. Whether you're looking to continue its current use or transform it into something entirely new (subject to local approvals), this is your opportunity to own a truly unique landmark with endless potential. Bring your ideas... and make them a reality!

400 W 6th Street, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

$1,800,000

5231288 MLS

Wow! Look at this fantastic multifunctional building with over 25K square feet! Well maintained and fully renovated! This building offers a collection of large areas that are versatile and can be used for your business or multiple business needs! Or rent out the spaces singularly! Currently there is a large party/convention area that can hold mass events! Another large section houses a congregation/church! In addition, there are 4 large office spaces, two kitchen areas, 5 bathrooms and 3 large/separate warehouse sections! 20 foot ceiling height in all warehouses! Updates include: FULL INTERIOR Renovation, 2 new furnaces and singular heating systems, a 6th space plumbed for a 6th bathroom in warehouse area, Front Roof 3yrs, Back Roof 2 years, added fireplace in rec room, all electrical systems, security system, 40K ton front AC, Five AC units in warehouse, carpet/ceilings/fixtures/paint/ 2 overhead loading doors, storage spaces added, 3 phase 220 amp power, added parcel for back parking lot, Block construction + Non-load bearing walls with room to expand/modify! Newly refinished exterior! Side Street on Iowa Ave is newly poured concrete! Sky is the limit with this building! Current businesses that occupy all sections belong to the owner and this property will transfer vacant. This property has housed many versatile business types over the years- phenomenal space! Contact listing agent today!

1310 Colorado Avenue, Lorain

Listing Courtesy of: Leilani M Bowersock, leilani7b@gmail.com With Coldwell Banker Schmidt Realty

$149,900

5231322 MLS

Exceptional opportunity to transform this versatile commercial property into your next successful venture. Whether you're envisioning retail, office, studio, service business, or another permitted commercial use, this building offers endless possibilities to bring your vision to life. The second floor features a roughed-in apartment, providing the potential for owner-occupancy, additional rental income, or expanded workspace (buyer to verify all zoning and permitted uses). With ample space to reimagine and customize, this property is ideal for investors, entrepreneurs, or business owners looking to create something unique. Being sold as-is. Don't miss this chance to unlock the property's full potential.

1319 W Erie Avenue, Lorain

Listing Courtesy of: Adrian T Frederick, afrederick1018@gmail.com With Coldwell Banker Schmidt Realty

$500,000

5218294 MLS

A truly remarkable opportunity to own a historic landmark offering exceptional architectural character, expansive gathering spaces, and endless possibilities. Originally constructed as a Masonic Temple and currently operating as a church, this stately building showcases timeless craftsmanship and an impressive neoclassical façade that has stood as a prominent community centerpiece for generations. Step inside the grand foyer, where terrazzo flooring, soaring coffered ceilings, elegant lighting, and original architectural details create a memorable first impression. The main sanctuary features a spacious worship area with abundant seating, beautiful hardwood floors, tall windows, decorative moldings, and an elevated stage designed to accommodate large gatherings, services, performances, and special events. Beyond the sanctuary, the property offers a stunning auditorium complete with a stage and expansive open floor area, providing incredible flexibility for conferences, concerts, community events, educational programs, or future redevelopment opportunities. Additional features include multiple meeting and gathering spaces, a large fellowship hall, a commercial-style kitchen, offices, classrooms, and support areas designed to accommodate a variety of organizational needs. Prominently positioned on a corner lot, this iconic property presents a rare opportunity for continued religious use, a community center, event venue, performing arts space, educational facility, corporate headquarters, or other adaptive reuse possibilities. Rich in history, architectural beauty, and potential, this is a one-of-a-kind offering ready for its next chapter.

400 Washington Avenue, Lorain

Listing Courtesy of: Joe Vaccaro, joe@vaccaroteam.com With EXP Realty, LLC.

$600,000

5224487 MLS

Established Neighborhood Grocery Store with the Business, Building & Land Included! Take advantage of this rare opportunity to own a long-established, successful neighborhood grocery store in the heart of Lorain! Roman’s Groceries is a true turnkey investment offering the business, building, land, and all equipment needed to continue operations from day one. Serving the community for more than 30 years, this well-known neighborhood market has built a loyal customer base and a proven history of consistent business. The store currently offers groceries, beer, wine, cigarettes, and Ohio Lottery sales, creating multiple streams of revenue. Beer, wine, tobacco, and lottery licenses are available for transfer in accordance with state regulations. Situated on a highly visible corner along Pearl Avenue, the property benefits from excellent traffic exposure and convenient customer access. The approximately 1,624 square foot retail building includes on-site parking, public utilities, central air conditioning, and natural gas forced-air heating. To ensure a smooth transition, the current owners are willing to provide training and consultation for an agreed-upon period. Financial information is available to qualified buyers upon request. Whether you’re an experienced business owner looking to expand your portfolio or an entrepreneur seeking a profitable turnkey operation, this is an exceptional opportunity to own a well-established business with real estate included.

2957 Pearl Avenue, Lorain

Listing Courtesy of: Fabian Candelario, Fabian.candelario21@gmail.com With Russell Real Estate Services

$1

5219461 MLS

AUCTION DATE: WEDNESDAY, August 5th, 2026 AT 5:30PM preview starts at 4:30PM. You can preview this property at this OPEN HOUSE Date: 7/15/26 - 5:00-6:00PM. Commercial opportunity in Lorain! Situated on approximately 0.70 acres and consisting of multiple parcels, presents an opportunity for an investor, owner-user, or redevelopment-minded buyer seeking flexibility and future upside.Originally constructed in 1958, the property offers an established commercial footprint with convenient access to surrounding business corridors and area amenities. Seller reserves the right to accept a pre-auction offer prior to auction day. Any inspections desired by a buyer are to be completed prior to auction day at buyer's expense. Contact Todd D. Bosley with any questions. POF are required. All information contained herein was derived from sources believed to be accurate, but not guaranteed. Seller reserves the right to accept an offer prior to deadline time. Property Sold Where Is-As Is.

2430 E 28th Street, Lorain

Listing Courtesy of: Todd D Bosley, todd.bosley@cbschmidtohio.com With Coldwell Banker Schmidt Realty

$170,000

5217989 MLS

Located in the center of downtown Lorain, just a few buildings down from the famous "Broadway" sign. This versatile commercial property features over 3,500 square feet of functional space ready to fit a variety of business needs. Expansive storefront windows provide excellent exposure and signage opportunities, while convenient rear garage access adds flexibility for operations and deliveries. Suitable for retail, office, showroom, studio, or creative ventures, this property benefits from strong downtown activity and consistent pedestrian traffic. A rare opportunity to customize a spacious location and establish your business in one of Lorain's most visible commercial districts.

916 Broadway, Lorain

Listing Courtesy of: Angie Lopez, angie.lopez@kw.com With Keller Williams Citywide

$239,900

5219775 MLS

Great commercial opportunity in a high-traffic location in Lorain. This unique property consists of five parcels with convenient access from W. 21st Street and possible access from Leavitt Road for multiple points of entry and exit. The building's unique drive-through configuration, featuring garage doors on both sides, makes it well-suited for a beverage drive-thru, coffee concept, quick-service restaurant, automotive use, or other retail operations. Multiple parcels, strong visibility, existing income, and commercial zoning combine to create an attractive opportunity for investors, and business owners alike. A portion of the property is currently occupied by a restaurant tenant at $1,200 per month. The restaurant includes a small dining area and some existing kitchen equipment, offering immediate income potential and flexibility for future use. An additional space within the building is well-suited for office use and includes a full bathroom with shower, creating opportunities for professional services, or additional rental income. With strong traffic counts, excellent accessibility, multiple parcels, and a flexible layout, this property offers tremendous potential for investors, entrepreneurs, and business owners. Take advantage of this opportunity today!!

2229 W 21st Street W, Lorain

Listing Courtesy of: Scott A Smith, ssmith@century21deanna.com With Century 21 DeAnna Realty

$169,900

5219859 MLS

Great Opportunity in Historic Downtown Lorain! Own a commercial building in the heart of historic downtown Lorain and bring your business vision to life. This inviting property features a welcoming foyer entrance and a freshly painted interior. The horseshoe bar serves as the centerpiece of the space, creating a warm and memorable atmosphere for guests. The kitchen is ready for improvements and customization, offering the perfect opportunity to create your own culinary experience. Additional features include two restrooms and a spacious rear patio area, ideal for entertaining, outdoor dining, or relaxing on warm summer evenings. Conveniently located within walking distance of the Black River, Lake Erie, churches, schools, restaurants, shopping, and other local attractions. Whether you're dreaming of opening a restaurant, pub, event venue, or another unique business, this property offers endless potential. Now is the time to make your dreams a reality in downtown Lorain!

939 Broadway, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

$350,000

5219207 MLS

For more than 60 years, Chris' Restaurant has been serving Lorain County families with quality food, generous portions, and hometown hospitality. Operating from its current West Erie Avenue location since 1981, Chris' Restaurant has built a loyal customer following and a reputation that spans generations. This is a rare opportunity to acquire both the restaurant business and the underlying real estate.

2812 W Erie Avenue, Lorain

Listing Courtesy of: William M Swanzer, bill@swanzer.com With The Swanzer Agency

$775,000

5214297 MLS

Oh My!! 3 money making incomes for one sale price. The Slovak Home located in the heart of Lorain is a popular building to view. I don't believe the public has any idea of what this building has to offer to buyers. 17,567 Square Foot Building nestled on 11 parcels with parking galore. A very popular dining area, especially on Lake Erie Perch Friday Dinners, with a full kitchen, social bar and meeting room. Downstairs is an oversize banquet room for weddings, birthday parties or family holiday gatherings with a social bar, kitchen and roomy catering area. Also included is a 12-lane bowling alley with social bar and small kitchen. 3 state liquor licenses for each business. Solid Brick Building with a fairly newer roof. Central air. Gas Heat. Normal Utilities. Sellers are open for a rent back. Sellers are willing to sell the Bowling alley or lease the downstairs banquet room separate. You view. You decide. Almost too good of an offer to pass up. Appointments are required. Please contact listing agent for any additional questions.

2915 Broadway, Lorain

Listing Courtesy of: Russ E Dickerhoff, rdickerhoff777@yahoo.com With Russell Real Estate Services

$799,900

5202333 MLS

Established & exceptionally well-maintained 3-story professional office building in a prime downtown location at the center of the city’s revitalization & entertainment district! Long-term owner-occupied w/pride of ownership evident throughout, prestigious approximately 15,000 sq ft building per owner is nearly fully occupied w/only approximately 500 sq ft currently available. Positioned on a highly visible, busy street just steps from the Port Authority plus within walking distance to the lake, property offers unmatched accessibility & exposure in the heart of downtown activity & city celebrations. Surrounded by ongoing redevelopment and upscale entertainment venues, the location simply cannot be duplicated. Building features a beautiful exterior, excellent street-front signage visibility, elevator access w/ability to lock off individual floors, two stairwells, full basement for additional utility/storage. Lobby has been tastefully upgraded w/tile accents, creating a professional & inviting first impression. Each floor includes two restrooms, and the spacious office suites offer flexibility for a variety of business uses. Current occupants include established attorneys, insurance professionals, & property management. Upper two floors offer flexible occupancy options for potential owner-users or investors, while the first floor remains leased w/stable tenancy in place. Additional improvements include a newer roof, updated air conditioning systems, elevator updates, & abundant windows providing excellent natural light throughout. Access to the newly beautified rear alley further enhances convenience and appeal. Exceptional opportunity for investors, owner-users, or those seeking a prestigious downtown presence w/endless possibilities for future growth & subdivision potential.

520 Broadway, Lorain

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

$675,000

5204706 MLS

This newly renovated 8 suite apartment building is fully occupied with an excellent rent roll, all at or near $850/month. Each unit is a 1 bed, 1 bath and all are quite spacious! Most units have had flooring, kitchen countertops and backsplash updates, some new cabinets, new baths and fresh paint. The roof was just replaced, as well. A huge money saver maintenance-wise, these units have electric heat in the ceilings, so no boilers or furnaces to worry about and there is 1 community washer/dryer that is coin operated, generating roughly $125/month. These apartment buildings are tucked in amongst other buildings like it and there is plenty of parking for tenants in the rear of the building. This building is a dream for a landlord and at a 8.5% cap rate, a great income earner.

1505 Herbert Drive, Lorain

Listing Courtesy of: Julie L Hogston, juliesellshomes1@gmail.com With Real of Ohio

$195,000

5201930 MLS

Exceptional turnkey investment opportunity in Lorain featuring six total rental units, including a 5-unit multifamily building plus a stand-alone efficiency unit, now combined onto one parcel for simplified ownership and management. With four of the six units rent ready and two currently occupied at $725 and $925 per month, this property offers immediate income with strong lease-up potential. The property has seen over $70,000 in recent renovations and improvements, including updates to unit interiors and major building systems. All units are separately metered for gas and electric, with tenants paying their own utilities, helping keep owner expenses low and maximizing cash flow. The unit mix includes both one and two bedroom layouts, with select one bedroom units offering additional bonus space that enhances rental appeal and flexibility. Additional features include a basement with furnaces, water heaters, and sump pumps, along with an unused garage space that offers future value-add potential for storage or additional income. This is a rare opportunity to acquire a ready-to-go, income-producing multifamily asset with strong cash flow and long-term upside.

2914-2916 Seneca Avenue, Lorain

Listing Courtesy of: Oliver Moreau, omoreau@progressiveurban.com With Progressive Urban Real Estate Co

Selling Office: Coldwell Banker Schmidt Realty.

$425,000

5200241 MLS

Lorain sits on Lake Erie just 30 miles west of Cleveland, a commuter-accessible market where renters make up 45% of all households, county home values are up nearly 18% year-over-year, and a wave of economic activity including 1,800 new union jobs at Ford's Ohio Assembly Plant is tightening rental demand across the board. Against that backdrop, this fully occupied 10-unit building is a textbook buy-and-hold: all one-bedroom/one-bath units, many updates already complete, low property taxes, and a new silicone roof layer going on prior to closing. At $42,500 per door, the basis is hard to argue with. The rent roll sits at $6,225/month ($74,700 GSI) with current rents ranging $500-$675, meaningfully below a market where the dominant rental price band runs $700-$850. That gap represents $100-$200/unit of achievable upside on renewals with minimal to no upgrades. A coin-operated laundry room and unused storage area add additional income potential on top. The owner covers water, sewer, and gas via the on-site boiler, all reflected in the expense model. At $425K, the deal underwrites to an 8.54% cap rate, 1.40x DSCR, and $871/month net cash flow against a conservative 5% vacancy assumption. As rents roll to market, the 5-year model shows cash-on-cash climbing from 9.46% toward 14.5% with cumulative cash flow exceeding $66,000 over that window. Fully occupied, freshly roofed, clear value-add runway. This is Lorain at its most investable.

1888 E 28th Street, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

$225,000

5193492 MLS

Prime Downtown Lorain retail storefront offers nearly 4,000 sq ft! Previously used as a retail clothing/uniform/tuxedo rental shop. Make your dream a reality! Would be great for restaurant, professional office space, retail sales, or you can choose to sublet sections for multiple entrepreneurs to set up shop under one roof and make money on your commercial investment!

506 Broadway Unit 1, Lorain

Listing Courtesy of: Denise M Rakich, deniserakich@gmail.com With Russell Real Estate Services

$399,900

5121985 MLS

A rare opportunity to own a long-standing, successful turnkey bar and restaurant with multiple revenue streams, real estate included, and an additional income-producing rental home in the heart of Lorain. This well-known local destination has built a strong reputation over the years for its welcoming atmosphere, quality food and drinks, and exceptional customer service. Ideally situated in a highly visible, high-traffic location, the business attracts a steady mix of loyal local patrons and visitors year-round. One of the standout advantages is its established late-night operating hours, a rarity in the area that provides a significant competitive edge. The space offers a well-designed and flexible layout capable of accommodating regular dining service, nightlife, private parties, and special events, creating multiple revenue streams and opportunities for growth. Additional income is generated through sports betting, Keno, a jukebox, and gaming machines, providing consistent supplemental revenue beyond food and beverage sales. The business has maintained a solid financial track record with consistent revenue and healthy profit margins, while still offering significant upside potential for a new owner. Opportunities exist to further expand through creative marketing, themed events, partnerships with local businesses, or by introducing additional offerings such as weekend brunch. This is a true turnkey operation, with all equipment, systems, and a D-7 liquor license (including Sunday sales) transferring with the sale, allowing a new owner to step in and continue operations seamlessly from day one. The sale includes the business, real estate, and rental property, making this an exceptional opportunity for an owner-operator or investor seeking both a thriving hospitality business and additional income. Please do not approach staff or inquire about the sale at the business directly. All questions and showings must be arranged through the listing agent.

900 Broadway, Lorain

Listing Courtesy of: Mathew P Chase, matt@chasegrouprealestate.com With Keller Williams Greater Metropolitan

$65,000

5189927 MLS

Position your business for success in this nicely maintained commercial property, perfectly situated in a high-traffic area with excellent visibility. This prime location offers convenient on-site parking, a private entrance, and additional lower-level space ideal for storage, expansion, or creative use. With easy access to major highways, it’s convenient for both customers and employees alike. Boasting great curb appeal and endless potential, this property is ready to bring your vision to life. Today is your opportunity to own your own business, build equity, and be your own boss. Independence is within reach — make your move!

5363 Oberlin Avenue, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

$325,000

5187619 MLS

Be part of the continued revitalization of Downtown Lorain with this exceptional opportunity on the highly desirable 400 Block of Broadway. This former restaurant space is ready for its next visionary owner to reimagine and bring new energy — whether culinary, retail, office, or mixed-use — to the heart of the city. The first level offers flexible layout options and can be divided to accommodate multiple business concepts or tenants. The second level presents additional income or operational potential, ideal for office space, apartments, meeting rooms, conference space, or creative studios. Located in a prime downtown corridor with strong foot traffic, the property offers ample on-street and off-street parking for convenience. Just minutes from Lake Erie, the hotel, and Black River Landing, this location benefits from year-round community events, waterfront attractions, and continued investment in the downtown district. An incredible opportunity to establish your business in one of Lorain’s most exciting growth areas.

422 Broadway Avenue, Lorain

Listing Courtesy of: Jacqueline A Jakacki, jacki@your2020group.com With RE/MAX Above & Beyond

$210,000

5186085 MLS

Great opportunity to own a historical building offering multiple income sources. Located at 1302 Broadway in downtown historic Lorain, this building once housed Kutza’s Pharmacy. Lucky for you, the majority of modernization has already been done. The two-story all brick building built in 1910, features a storefront, which has been used for a pharmacy, church, rental hall, professional office space, and includes private Men & Women’s restrooms. Access to the basement offers additional storage and features all new joists. Located behind the storefront is a 2-bedroom, 1 bath apartment. Upstairs are two more apartments; a 2-bedroom, 1 bath, and a 1-bedroom, 1 bath featuring a shared laundry area. Many upgrades have been completed over the last 10 years, including partial roof, furnaces, hot water tanks, Kitchens, Bathrooms, flooring, paint, light fixtures, etc. Best of all, the Utilities have been conveniently separated. On the side of the building, there is an additional parcel which features a gravel parking lot as well as on-street parking. The time is now to invest in this money-maker!!

1302 Broadway Avenue, Lorain

Listing Courtesy of: Scott A Smith, ssmith@century21deanna.com With Century 21 DeAnna Realty

$70,000

5177463 MLS

Versatile Mixed-Use Investment Opportunity in High-Traffic Location! Welcome to 2919 Grove Ave in Lorain, a unique mixed-use commercial property offering two combined storefronts along with a residential 3-bedroom living quarters featuring really spacious bedrooms. This flexible layout creates multiple income possibilities—ideal for an investor looking to generate rental income from both the commercial and residential spaces, or for an owner-operator who wants the convenience of living on-site while running their business. The property features separate utility meters, allowing the living quarters and storefronts to be independently metered for ease of management and flexibility. All spaces are equipped with central air conditioning and forced-air gas furnaces, providing comfort and efficiency year-round. Located in a high-traffic area surrounded by established businesses, this property offers excellent visibility and accessibility, just minutes from major highways. Whether you’re expanding your investment portfolio or seeking a live-work opportunity, this property presents strong potential in a convenient and well-traveled corridor.

2919 Grove Avenue, Lorain

Listing Courtesy of: Ralph Mercado, RealtorRalphMercado@gmail.com With Russell Real Estate Services

Selling Office: Minnich Realty, LLC..

$160,000

5175566 MLS

Opportunity knocks! This income-producing single-family home offers two bedrooms on the main-floor with room to expand by finishing the second level. Enjoy a two-car garage complete with a fireplace, plus an incredible 40' x 50' outbuilding, complete with separate utilities—ideal for storage, a man cave, hobby space, or business. Zoned General Business and located in the desirable Clearview School District with easy access to major highways. Opportunity awaits! So much potential in one property!

3905 Broadway, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

Selling Office: RE/MAX Above & Beyond.

$235,000

5167228 MLS

Occupied and cash flowing 6 unit apartment building! This fully occupied 6 unit property is ready for the buyer looking to take advantage of a cash flowing, stabilized asset. The 6 units are grossing $4,125 currently, well over the 1% rule. The unit mix consists of (1) studio unit, (3) one bedroom units, and (2) two bedroom units. Majority of the units have been moderately updated including vinyl plank flooring, new paint, appliances, etc. Walk into stable cashflow, or raise rents to proforma / section 8 standards and get this property grossing over $4,500 per month! The owner pays water/sewer as well as gas for the hot water tanks and landscaping. Tenants are responsible for their own electricity.

2851 Oakwood Avenue, Lorain

Listing Courtesy of: Michael Orlando, mjorlando1994@gmail.com With Key Realty

Selling Office: RE/MAX Haven Realty.

$249,900

5159089 MLS

Three Full Floors of versatile space – ideal for retail, office, restaurant, studio, or residential conversion Located in the vibrant, up-and-coming Historic District of Lorain, just steps from Lake Erie and the Black River, Charming architectural details with historic brickwork, high ceilings, and large windows Street-level retail space ready for business. Upper floors perfect for offices, loft apartments, or boutique accommodations, Basement with additional storage or utility space...This commercial property offers three levels of investment options, private main ceramic foyer entrance, retractable door leads to a spacious ceramic tiled floor, access to open floor plan, large granite bar area, two ADA bathrooms, partially completed kitchen, access to rear of building, second level offers spectaculars views from the second story custom double door and balcony that faces Broadway Ave., seating area, large framed bar, potential restrooms, access to rear roof, third level is ready for your finishing touches, lots of character and so much more. Don't miss out on this amazing opportunity to own a unique historical commercial building in beautiful downtown Lorain, conveniently located close to Lake Erie, Black River Landing, Palace Theater, shopping, schools, churches, etc. Call today for a private tour!

822 Broadway, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

$349,500

5154201 MLS

Exceptional and rare opportunity! Versatile medical/mixed-use property in a prime high-traffic, high-visibility location. Formerly a dentist’s office, this well-maintained and updated space can function as a single or dual tenant setup, offering maximum flexibility for a wide range of professional uses. Main office features a welcoming lobby, reception area, multiple exam/office rooms, kitchen space, baths with shower, and storage—ideal for medical, attorney, insurance, or other professional services. Adding to the value, the 2nd floor offers a spacious 2–3 bedroom apartment, perfect for live/work convenience, employee housing, or generating additional rental income. A separate detached building, previously used as a medical lab, is currently rented for additional revenue. Property sits on a large lot with a refinished parking area offering ample spaces, an attached garage, a steel garage/storage building, and a shed. The fenced lot adds privacy and security. Utilities are separate, and there are no association fees, bylaws, or restrictive rules—making this a turnkey and cost-efficient opportunity. This is a complete and solid property, ready for immediate occupancy, with endless potential for both professional and investment purposes. Schedule your showing today to secure this unique and income-producing mixed-use opportunity.

5370 Oberlin Avenue, Lorain

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

$150,000

5151148 MLS

5600 SF Warehouse with 2 Acres of Land and 220 ft frontage that includes 2 parcels – Ready for Your Vision! Discover a flexible commercial opportunity at 4876 W Erie Ave, Lorain, OH with 220 ft frontage zoned Retail. This 5,600 sq. ft. currently used as a wedding decor warehouse will be delivered completely cleared out and ready for use, featuring commercial electric service with water and sewer available. Portions of the buiding have tall 20 ft ceiling ideal for large equipment storage. There are 2 parcels in this sale. The back parcel borders the railway track. The 2-acre lot provides room to grow—add boat storage, outdoor storage, fleet parking, or plan for future expansion or development. Whether you need space for light manufacturing, distribution, or contractor operations, this site offers potential flexibility and land to match your business needs. Located on W Erie Ave with quick access to major routes, this property is a strong fit for owner-users or investors looking for versatile space in Lorain. Buyers to do their own due diligence regarding permitted uses and zoning.

4876 W Erie Avenue, Lorain

Listing Courtesy of: Lipi Shah, lipishahhomes@gmail.com With EXP Realty, LLC.

Selling Office: Non-Member.

$130,000

5141471 MLS

Property needs finished. This is an investor special. Cash/Hard money only. This is a 6 unit building in desirable area. All units are 2 bedrooms with potential for revised floorplan in front unit for 3 bedrooms. Unit layout is 3 down/3 up. Money has already been put into this property. 2 year old roof, new gutter on left, some chimney work done, some newer wiring, new gas lines for meters. New floor joists on main floor in all 3 units/down to studs. Upstairs units have had some prior work done to them and need finished w/some fixtures/cosmetics/mechanicals. Vinyl sided exterior. Parking area for potential tenants in driveway, off street and in rear. Do the math - you can get $900+/mo. on 2 bedroom units (finished) you could easily do the same here. Finish the property to your taste. Use front stairs only for upstairs access.

2117 E 29th Street, Lorain

Listing Courtesy of: Rebecca L Bauer, rbauer@realtywise.com With Realtywise, Inc.

Selling Office: Realtywise, Inc..

$474,000

5122876 MLS

Absolute dynamite! Apartments 2, 5, and 6 were taken down to the frame and rebuilt. Work on these units was just completed with new white cabinetry, quartz tops, LVP flooring, windows upgraded, along with electrical. Almost all units now have hard surface tops. Seven of eight units are rented at this time. Common area laundry. Roof in 2025 w/ Puma XL System. Just over $7400 in income this property is expected to generate. You cannot go wrong at this price. All units in the building have gone through moderate to major upgrades and improvements. Do not wait on this opportunity.

2550 Elyria Avenue, Lorain

Listing Courtesy of: Matthew P Klein, matthew@matthewpklein.com With Walnut Creek Realty, LLC.

Selling Office: RE/MAX Above & Beyond.

$140,000

5112612 MLS

Do not miss your chance to own a landmark in Lorain history. The Broadway Feed and Pet Supply building on Broadway! Recently rezoned as mixed use, this building has great income potential. The lower level is approved by the city for a restaurant, but can be used for several other business ventures. A lot of Structural work has already been performed. All you have to do is bring your vision, and make it come to life! Not only is the lower level a prime retail space in the heart of downtown, but the upper level has 3 units of living space! Two of the units have some framing and plumbing complete. With rent skyrocketing in the past few years, the upper level will be a big source of income for your portfolio. Blue prints have already been drawn for both levels, making the completion of this project much easier. Call your favorite Realtor and schedule your private tour today!

1605 Broadway, Lorain

Listing Courtesy of: Paul Lawson, purchasewithp@gmail.com With Russell Real Estate Services

$212,000

5107338 MLS

This is an incredible investment opportunity you won't want to miss! Presenting a quadraplex featuring four spacious 2-bedroom, 1-bath apartments, each recently updated with new vinyl flooring, modern lighting, fresh paint, and renovated kitchens and bathrooms. The property has also seen significant upgrades in its electrical and plumbing systems, ensuring a hassle-free experience for both owners and tenants. Don't miss your chance to capitalize on this piece of real estate! Parcel includes 1820,1822 and 1832 Long Ave.

1820 Long Avenue, Lorain

Listing Courtesy of: Danielle Hughes, danielle@eclassrealty.com With Elite Class Realty LLC

Selling Office: Non-Member.

$150,000

5099014 MLS

Welcome to the expansive commercial property at 1507-1511 Lincoln Blvd in Lorain! This remarkable property stands out with its vast wrap-around parking lot, spans 2 parcels & provides full access from the street to a generous 2.51 acres. The building is a substantial structure, totaling 11,000 sq ft, 5,500 sq ft above ground & an additional 5,500 sq ft below ground, accessible by a full walk-out. Providing a wealth of usable square footage, presenting endless possibilities for the new buyer to envision & customize according to their needs. Situated on a fully paved lot, the property boasts convenience and accessibility, with multiple handicap ramps strategically placed around the entire building, ease of access from both the front & back parking lots. The building's design features three front entrances, offering remarkable flexibility; it can be divided into three individual units or left open, catering to a variety of uses. Inside, the main floor has undergone extensive renovations, with a complete gutting to the studs, and all electrical and plumbing systems upgraded. While the lower level remains untouched, it offers a blank slate for customization, allowing the new owner to tailor the space to their specific needs. This unique property is being offered As-Is, presenting a rare opportunity for someone with a vision to bring it to life. Previously owned by a church, unable to cover renovation costs, are ready to pass the torch. This property serves as an ideal space for a creative mind, offering the potential for various ideas, from medical or office use to other innovative ventures. Whether you're an entrepreneur seeking a prime location for a new business venture or an investor looking to capitalize on the growing area, this property stands as a beacon of opportunity. Seize the chance to turn this location into an extraordinary destination, and don't miss out on the potential for growth and success. Act now & make this property the place for your next venture!!

1507-1511 Lincoln Boulevard, Lorain

Listing Courtesy of: Majdey Taye, TheTayeGroup@gmail.com With RE/MAX Transitions

Selling Office: RE/MAX Transitions.

$590,000

5100163 MLS

What a price point for this property! All units are 2 bed / 1 bathroom. 11 of the 12 units are currently occupied (2 units recently filled in February of 2025). An excellent choice to add to your portfolio of properties. Contact your agent or contact our office today for more information!

1906 Lexington Avenue, Lorain

Listing Courtesy of: Matthew P Klein, matthew@matthewpklein.com With Walnut Creek Realty, LLC.

Selling Office: Home Equity Realty Group.

$235,000

5100171 MLS

Excellent opportunity to own six units in Lorain. Fully occupied and income producing at a very attractive price. This is not a property you are going to want to miss!

936 S Central Drive, Lorain

Listing Courtesy of: Matthew P Klein, matthew@matthewpklein.com With Walnut Creek Realty, LLC.

Selling Office: Home Equity Realty Group.

$1,100,000

5100301 MLS

20 Units for sale consisting of the following: 8 unit with 2 bedrooms, 10 units with 8 1-bedrooms and 2 2- bedrooms, a Duplex and an empty residential lot The 8-unit apartment townhouse complex offers comfortable and modern living spaces. Each unit features over 500 Sq feet of space all with two bedrooms with ample closet space. There is also a well-designed full bathroom upstairs and a convenient half-bathroom on the main floor, offering privacy and functionality. The townhouse includes a cozy back patio, providing a great spot for outdoor relaxation or entertaining guests. It’s also situated just minutes away from the scenic Lake Erie and vibrant Downtown Lorain, offering access to both nature and city life. Each unit has two dedicated parking spots and includes laundry inside each unit ensuring convenience for residents and guests. The building is well-maintained, with a newer roof, installed within the last 4 years. These apartments offer a balance of modern amenities, practical design, and a fantastic location near all the essentials. The 10-unit apartment complex offers a mix of 1-bedroom, 1-bath units and 2-bedroom, 1-bath units, ideal for a variety of tenants. Of the 10 units, 8 are one-bedroom and 1-bath, while 2 are two-bedroom, one-bath units, catering to different living preferences. Some of the units have been recently updated, featuring modern appliances, fresh paint, and stylish finishes to enhance the living experience. For added convenience, the complex includes a common laundry area, equipped with Bluetooth-enabled features, making it easy for residents to check on the status of their laundry remotely. The complex also has ample parking, ensuring that tenants and visitors alike have no trouble finding a spot. Also includes a Duplex located at 116 Arkansas Ave Lorain each unit rents for $750, vacant lot to the right of 116 also comes with the sale. There is an easement for the Lorain Port of Authority. Total Gross rents $17300

121 E Erie Avenue, Lorain

Listing Courtesy of: Robert J Cole Sr., robwithremax@gmail.com With RE/MAX Above & Beyond

Selling Office: RE/MAX Above & Beyond.

$22,000

5096504 MLS

Welcome to an exceptional investment opportunity in Lorain! This commercial listing at 2104 E 28th St, offers a versatile mixed-use property with immense potential. Boasting a central location within the Sheffield Land Co subdivision, this property is strategically positioned for both business and residential purposes. Constructed in 1930, this two-story building encompasses a total of 2,200 sqft, providing a promising canvas for your entrepreneurial vision. As you explore the 0.14-acre lot, you'll find that it features parking space for two vehicles, ensuring convenience for customers or residents. The property is zoned for mixed-use, making it suitable for a range of purposes, from retail to office space. The main level, previously operated as a restaurant and bar, holds great potential for customization to meet your business needs. Whether you envision a restaurant, office space, or retail establishment, the adaptable layout offers the flexibility to bring your vision to life. The property's flat rubber roof and full, unfinished basement contribute to the structural integrity and further expansion possibilities. The upper level, a spacious apartment, provides an excellent opportunity for additional income. The walls between bedrooms have been removed, offering a fresh start for customization and layout optimization. While both units require some TLC and updates, the property's solid foundation and prime location make it an enticing investment. With annual taxes totaling $820, this property aligns with strategic investment goals. The surrounding area features convenient access to public transportation and amenities, enhancing the property's attractiveness for potential tenants or customers. Take advantage of this unique opportunity to operate a business and reside above it or generate income from both the commercial storefront and the sizable apartment space. Schedule your showing today to explore the possibilities and embark on your investment journey in Lorain!!

2104 E 28th Street, Lorain

Listing Courtesy of: Majdey Taye, TheTayeGroup@gmail.com With RE/MAX Transitions

Selling Office: Howard Hanna.

$266,443

5095606 MLS

This versatile commercial property offers approximately 5,000 square feet of flexible space. The building is move-in ready for and easily adaptable to an office or mixed-use facility. Key features include a convenient loading bay, 27 parking spaces, and extensive mechanical updates, including HVAC, electrical, and plumbing systems. Whether you’re looking to expand an existing business or establish a new venture, this property provides a rare opportunity to secure a well-maintained and thoughtfully updated building in a prime location.

1801 Elyria Avenue, Lorain

Listing Courtesy of: Robert Bergmann, bobopensdoors@gmail.com With Russell Real Estate Services

Selling Office: New Hope Realty.

$475,000

5086296 MLS

Incredible investment opportunity! This fully renovated, fully occupied 14-unit brick apartment building offers a turnkey cash flow property with potential for even more income. Twelve units have been completely upgraded with new flooring, paint, and kitchen and bathroom improvements, while all common areas feature fresh vinyl flooring and paint. The property includes 12 studios, a one-bedroom unit, and a two-bedroom unit. With boiler heat, the owner covers gas, heating, water, and sewer, while tenants pay their own electric. The current owner, who self-manages, is open to continuing management for a seamless transition. Additional income opportunities include adding coin operated washers and dryers to the already existing laundry room, increasing rents, and renovating the remaining two units. This is a fantastic chance to step into a well-maintained, income-generating property with significant upside!

1900 E 28th Street, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

$450,000

5085083 MLS

Peak Opportunity! Diverse Investment portfolio offers a total of 32 parcels consisting of two free standing buildings one being offered as a former Car Dealership and the other as a Service Station for Automobiles, Commercial and Residential vacant lots, including fully occupied two single family and one multi-family duplex, four ways of entry create easy access to property from Broadway Ave, W21st St, W22nd St, Elyria Ave and major highways, four acres nearly an entire BLOCK, desirable location in a heavily traffic area zoned for ACTION! Be a part of the Lorain movement today before it's to late... Seller will consider dividing property

2115 Broadway, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

Selling Office: Keller Williams Citywide.

$70,000

5081708 MLS

Adjacent to What's Happening...This property's got better days ahead! Commercial two story block construction, great curb appeal, second level offers a renovated two bedroom apartment, fantastic views of the Historic downtown area of Lorain, lower level is perfect for retail storefront, street parking, desirable location to enjoy city life, walking distance to beautiful Lake Erie, Black River, shopping, churches, schools, restaurants, theater and so much more. Be apart of the action at a competitive price before it's to late. Isn't it time for you to invest in your future today?

129 E 9th Street, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

Selling Office: RE/MAX Crossroads Properties.

$175,000

5066173 MLS

Unlock the potential of this versatile retail or office space, strategically located in the vibrant heart of Downtown Lorain. This property offers a spacious storefront/showroom with a modern, updated façade that makes an excellent first impression. The interior boasts fresh paint & new LED lighting throughout, creating a clean and welcoming environment. Features include: Large Storefront/Showroom: Perfect for showcasing products or serving as a dynamic office space. Sizable Back Room: Ideal for use as an office, storage, or additional workspace. Two Restrooms: Conveniently situated for both staff and customer use with updated fixtures. Central Air and Gas Heat: Ensuring year-round comfort for your business operations. Rear Parking Lot: Accommodates approximately 20 vehicles, providing ample parking for employees and clients, with additional street parking out front. Prime Location: Situated in Downtown Lorain, offering high visibility and accessibility. This well-maintained property combines functionality with an appealing, updated aesthetic, making it a prime choice for businesses looking to thrive in a bustling downtown setting. Don't miss out on this exceptional opportunity!

731 Broadway Avenue, Lorain

Listing Courtesy of: Theresa Brannen, theresa@bhhspro.com With Berkshire Hathaway HomeServices Professional Realty

Selling Office: Berkshire Hathaway HomeServices Professional Realty.

$95,000

5057231 MLS

Buy, Rent, Retire...Many have done it! Good place to start is investing in this freestanding block building offering a store front and/or fast food, auto repair shop, large corner parking lot, on site parking, easy access, conveniently located close to downtown Lorain and surrounding community. This commercial building is ZONED for action. Investment opportunity awaits discovery. What are you waiting for? Call today!

1903 Oberlin Avenue, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

Selling Office: Lokal Real Estate, LLC..

$127,500

5056966 MLS

1035 Broadway, Lorain

Listing Courtesy of: John R Hysong, johnhysong@kw.com With Keller Williams Citywide

Selling Office: Keller Williams Citywide.

$326,500

5041479 MLS

You're looking for a great location for the next multi-family investment and you just found it! Two buildings, eight apartments and plenty of places to go within walking distance not to mention being located along a main thoroughfare through the west side of Lorain. One mile west of this location right along Tower Blvd will lead you to The Home Depot, Applebee's, Walmart, Kohls, and the BMV. Each building has its own designated parking areas and the buildings themselves provide excellent curb appeal. 1200 & 1204 are 100% occupied. Excellent income opportunity!

1200 - 1204 Tower Boulevard, Lorain

Listing Courtesy of: Matthew P Klein, matthew@matthewpklein.com With Walnut Creek Realty, LLC.

Selling Office: Home Equity Realty Group.

$215,000

5033500 MLS

Leasing/owner financing/lease to own available! Great opportunity to own almost 9 commercial acres on the border of Lorain and Vermilion! Minutes from Route 2 and the Ohio Turnpike, this lot comes with a 6500 sq ft industrial building. Ample office space, retail space, and mechanics garage for an abundance of business opportunity and potential. Lot is fenced in for extra security. Call or email for a private showing today.

6001 Baumhart Road, Lorain

Listing Courtesy of: Michael Pasadyn, Michaelpasadyn@kw.com With Keller Williams Greater Metropolitan

Selling Office: Russell Real Estate Services.

$700,000

5028205 MLS

Great investment opportunity, OR START Your own business w/ this Unique opportunity with this high traffic corner of Oberlin Ave and Tower Blvd Intersection in Lorain, OH! This all brick / block construction build is 8,798 sq. ft with plenty of parking, situated on a corner lot. This high traffic location with 360 visibility offers much potential. Currently occupied with a mixture of retail and service based businesses. This is a Triple Net (NNN) Strip Mall has been restored to its glory days! Offers: 3) Established Business Rentals (Vape SHop, Nail and Hair Salons), 2) Storage / Warehouse (Auto Detailer and Contractor Equipment Storage Unit) PLUS! 20 Year Outdoor Advertising by Lamar Advertisers. Contact your agent for more info today! Parking Spaces: 50 SPaces Acre Lot: 0.73 SIgnage/Qty: YES / 2 Utilities: Water, Sewer, Gas and Electric (occupants pay pro rata) For More info copy and paste link: https://dealcheck.io/s/-NvD00PGD2ELHxisB3YQ

1139 Tower Boulevard, Lorain

Listing Courtesy of: James P Matheos, jmatheos@kw.com With Keller Williams Citywide

Selling Office: Keller Williams Citywide.

$300,000

5016825 MLS

Rare opportunity to purchase a mostly vacant, value-add apartment complex in the heart of Lorain! With an extremely attractive entry price point of $350,000 (only $23.33k per door), a savvy investor will have plenty of room to create significant equity and have an extremely well cash flowing property on the back end! Since the property is mostly vacant, a buyer can quickly turn the vacant units and lease them at their preferred rents. With 15 units, this property should easily gross over $8,500+ per month once filled! Investors can also take advantage of the very aggressive section 8 rents in the area to boost cash flow even more and have plenty of tenants to choose from as the local housing authority has over 1500 people on their waitlist. The property will need cosmetic rehab on most units as well as some required basement work per the city violation. All 15 apartments are studio apartments and should rent quickly once finished. The property has a boiler (newer) so the owner pays for gas and water/sewer/trash while tenants pay for their own electricity. In addition, there are a few garage spots (currently used for storage) and tons of additional street parking.

2833 Seneca Avenue, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

$375,000

5014431 MLS

Industrial warehouse (Zoned I-1 per Lorain City Zoning Map) just over 10,000 sq ft on 2 acres with a ton of paved parking and 2 ingress/egress access point doors. It currently has one tenant occupying a small portion of the interior space (~1400 sq ft) paying $1200/month. Since the majority of the interior of the building is empty this would be perfect for an owner user OR a great opportunity as an income producer by getting the additional interior space leased up on stronger NNN leases. There is also an exterior parking space leased to an RV for $80/month. The building has a newer roof and gutters, updated electrical, 2 newer overhead gas furnaces and a new alarm system. Tenant wants to stay and is on a month-to-month lease and the owner currently pays for utilities. The upside here is to implement triple net leases as well as lease out more of the exterior space to trucking companies, campers, RV's etc. and a big opportunity to create outdoor storage spaces to rent out.

1039 Bridge Drive, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: HomePoint Real Estate.

$220,000

5011936 MLS

Introducing an Exceptional Investment Opportunity in Lorain, Ohio! Are you searching for a lucrative investment in the? Look no further! This property has long-term tenants, offering an outstanding return on investment. It has multiple office spaces, each occupied by reliable and established tenants. Additionally, one of the back office spaces and garage will be vacant, allowing you to move in seamlessly and continue collecting rent from the existing tenants. Located in a prime commercial area, this property offers exceptional visibility and accessibility. With consistent cash flow, this investment opportunity is not to be missed. Contact us today to schedule your private showing or more info. (Back Office space and garage are also available to rent)

1727 N Ridge Road, Lorain

Listing Courtesy of: Gregory Erlanger, Info@EZSalesTeam.com With Keller Williams Citywide

Selling Office: RE/MAX Quality Realty.

$165,000

5009029 MLS

Do not miss this opportunity for your new business in this 6258 sq ft facility! Or if you are looking for an office building to expand your current operation. There are 14 office spaces available, an exceptionally expansive work area for numerous employees too, a large breakroom, and lobby. An attached 1 car garage as well as a parking lot for employees and another for your valued customers. A newer roof in excellent shape, and newer hvac system. Make your appointment ASAP!!

1801 Elyria Avenue, Lorain

Listing Courtesy of: Wilmont E Baker, wilmontbaker@gmail.com With Century 21 DeAnna Realty

Selling Office: Century 21 DeAnna Realty.

$296,500

5007906 MLS

2 apartment buildings share a driveway and parking lot. 7 units total, long term tenants- happy to stay, transferrable leases and deposits. Owner pays electric, water, trash. Coin Laundry onsite, brings an additional $200/month approx. The garage has been rented out for an additional $200/month. This low maintenance investment brings an average of $4200/a month after rents and laundry are counted. Happy tenants want to stay, timely rent checks, clean, background checked.

143 Hamilton Avenue, Lorain

Listing Courtesy of: Nikki Harsa, nikkiharsa@gmail.com With Russell Real Estate Services

Selling Office: Keller Williams Citywide.

$187,000

4483919 MLS

One story office building with ample parking in a high traffic location near McDonald's, CVS Pharmacy, Subway, Northwest Bank, Apples, Dollar Tree, T-Mobile, Boost, Taco Bell and much more! Currently leased through May 1, 2025. The tenant, Liberty Tax, is a long term tenant and would like to stay. The lease does increase 3%+ every year and is currently operating at a 9% cap rate. The tenant is responsible for all seasoned maintenance, utilities, internal mechanicals, minor repairs and any updating/remodeling. Office features 2 bathrooms, newer roof (2018) , furnace and a/c (2019) and hot water tank (2022). Don't miss your chance to own this excellent investment property!

3380 Oberlin Avenue, Lorain

Listing Courtesy of: Theresa Brannen, theresa@bhhspro.com With BHHS Professional Realty

Selling Office: BHHS Professional Realty.

$250,000

5007327 MLS

2515 West 21st St in Lorain, OH is a free-standing 4,029 SF retail building strategically located at the corner of Rt. 58 and Rt. 611. This property is ideal for a gym, daycare, salon, office space, community center, yoga studio, and other neighborhood-centric retail services. Recent renovations and upgrades include but are not limited to a newly paved and striped parking lot, interior and exterior paint, a new water heater, and a new roof. Across the street from this property, a 65,000 SF retail shopping center is undergoing its own rejuvenation, creating a mutually advantageous environment. Located just minutes from Lake Erie and Rt. 2, this 4,029 SF building offers excellent visibility and accessibility, making it an appealing opportunity for businesses aiming for a strategic advantage. This property is also available for rent ($3,000/month) and creative financing options are available too.

2515 W 21st, Lorain

Listing Courtesy of: Andrea Mapel, andrea@theiconicpartners.com With EXP Realty, LLC.

Selling Office: RE/MAX Quality Realty.

$560,000

4497866 MLS

Great investment opportunity! This investment property offers an appealing combination of 12 residential apartments and 2 commercial storefronts. A significant number of these units have recently undergone updates, boasting modern vinyl flooring and fresh paint. Currently, 4 apartments and 1 storefront stand vacant, presenting immediate upside potential. The large storefront is rent-ready and comes with hardwood floors, a comprehensive kitchen, and a full bathroom. The property presents a diverse unit mix that includes four 1-bedroom, four 2-bedroom, and four 3-bedroom apartments. With an existing monthly revenue of $6,115 and a proforma nearly $11,000, this property promises a lucrative investment opportunity. Furthermore, each unit is equipped with its own hot water tanks and furnaces, with tenants covering their own gas and electric bills. Of the vacant units, one is already on the market for rent, another needs minimal refurbishments, while two others await renovation.

3009-3015 Pearl Avenue, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Realtywise, Inc..

$25,000

4495771 MLS

Great opportunity to own this drive-up restaurant. Gas service recently added. Plenty of parking on this quarter-acre lot. Buyer to assume payment of delinquent real estate taxes.

2910 W 21st Street, Lorain

Listing Courtesy of: Vincent A Fusco Jr., vaf709@cs.com With Coldwell Banker Schmidt Realty

Selling Office: Key Realty.

$220,000

4372997 MLS

Do you have an EYE for Opportunity? A Business Opportunity to make a GREAT Long Term Investment? A Storefront, Plus 5-7 Apartment Units! Previously a Bar. All the bar equipment is there and can be included. Think Tavern, Eatery, Coffee Shop, Ice Cream Parlor, or another Apartment! ! This area is looking for all types of Businesses! There are five rented units now (Four one bedroom and one three bedroom unit). All five units are month to month and tenant occupied. There are two units to be finished on the second floor for a total of 7 apartments units. The building has a newer Roof 2021, fully Insulated. Newer Furnaces, two are High Efficiency Furnaces. Four newer Hot Water Tanks in 2022\2023. Total Monthly Rent is $2900 a month. One tenant is the maintenance manager. There are four separate meters, two units at the end share one meter. Seller is paying all utilities. Call me for more details and information.

2348 E 28th Street, Lorain

Listing Courtesy of: Terri M Czarnecki, terriczarnecki@russellrealty.com With Russell Real Estate Services

Selling Office: House to Home Real Estate Professionals, LLC..

$167,000

4491071 MLS

This large brick, 14 unit apartment building is a great way to build up your rental portfolio! With 14 total apartments, 5 are currently tenant occupied. 12 of the units are studio apartments and 2 are one bedroom apartments. There is a paved parking lot for residents. This property has easy highway access and is near to shopping, food and public transit! Don't miss out on this solid addition - reach out to learn more today!

1900 E 28th Street, Lorain

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

Selling Office: Russell Real Estate Services.

$5,000,000

4445383 MLS

Incredible opportunity to acquire a large, cash flowing portfolio in the west Cleveland submarket of Lorain! This portfolio consists of (92) livable units, (57) of which are single family rentals and (14) which are multifamily or multi-unit properties. At the ask price of $6,000,000, a buyer will acquire a stabilized portfolio at over an 8.5% cap rate with TONS of room of value-add upside. The portfolio is nearly 100% occupied currently, with a rent roll bringing in $80,000 per month! A savvy owner will take advantage of LMHA (Lorain County Metropolitan Housing Authority) rising rents and over time, significantly increase the gross rent roll upon lease trade outs and re-leasing to voucher holding tenants. In addition, there is significant opportunity to reduce owner paid utility expenses (with a focus on water/sewer) through installation of efficient fixtures, typically reducing annual water/sewer expense by 20%+. In doing so, an investor will achieve a scheduled rent roll of over $100,000 per month in income and reduction of expenses, significantly increasing the portfolio's value. The current owner has an office staff that does their property management and they would be willing to stay on if desired. Please reach out or see supplements for full Offering Memorandum.

2914 Seneca Avenue, Lorain

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Keller Williams Classic Properties of Columbus.

$124,900

4448665 MLS

Welcome to Historical downtown Lorain, one of the newest and finest built commercial building in town. Modern construction, poured concrete foundation walls, steel floor joists with concrete floors on 1st and second levels, updated boiler system, ac handled by two air handlers, rear on site private parking lot. Building needs repairs, mostly roof leaking in multiple places. Second level could use a complete modernization. Bring your dreams of owning and operating a downtown Riverside Lorain business. Most buildings are undergoing renovations and new businesses are opening everyday. Don't miss out on this opportunity in an area zoned for ACTION! Call today for a private tour.

737 Broadway Avenue, Lorain

Listing Courtesy of: Andrea Neal, 4nealdeals@gmail.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

Lorain Ohio Commercial Properties for Sale

Lorain Ohio Commercial Properties