Refine Search
Sort by
$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

$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

$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.

$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.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.