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1845 E 28th St

4,412 SF Retail Building Lorain, OH 44055 $350,000 ($79/SF)

Executive Summary

Discover the ultimate investment opportunity at 1845 East 28th in Lorain, Ohio. This versatile commercial property zoned light industrial, currently being used for an online auction store and formerly an automotive repair and towing facility, presents an endless potential for entrepreneurs seeking a prime location with unique amenities. The existing ventilation system, a crucial component of its former automotive function, remains intact. This feature, along with the pre-existing plumbing for compressed air, offers a distinct advantage for businesses requiring proper ventilation and pneumatic tools. Secure parking, private office, waiting area, and restroom cater to client and staff needs. The loft storage, security monitoring, and potential to keep the U-Haul business enhance its appeal. Centrally located in Lorain, this property boasts high visibility and accessibility. Nearby amenities and major roadways make it an attractive destination for various businesses. Don't miss the chance to transform this space into your business's success story. Schedule a viewing now and seize the opportunity to thrive in this exceptional commercial property. Very motivated seller!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,412 SF
Building Class
C
Year Built
1900
Price
$350,000
Price Per SF
$79
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
GEN.BUSINESS & LGT INDUST - Light Industrial
Frontage
150 FT on 1845 E. 28TH STREET

Amenities

  • Fenced Lot
  • Security System
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-00-087-102-010
  • 03-00-087-102-008
  • 03-00-087-102-009
Land Assessment
$8,965
Improvements Assessment
$17,046
Total Assessment
$26,009
  • Listing ID: 29411300

  • Date on Market: 8/31/2023

  • Last Updated:

  • Address: 1845 E 28th St, Lorain, OH 44055

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