731 Broadway
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731 Broadway
2,500 SF Office Building Lorain, OH 44052 $189,900 ($76/SF)
Executive Summary
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!
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!
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Building Size
2,500 SF
Building Class
C
Year Built
1900
Price
$189,900
Price Per SF
$76
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,375 SF
Building FAR
0.52
Lot Size
0.11 AC
Opportunity Zone
Yes
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 02-01-004-101-056 | Improvements Assessment | $12,971 (2023) |
| Land Assessment | $6,706 (2023) | Total Assessment | $19,677 (2023) |
PROPERTY TAXES
Parcel Number
02-01-004-101-056
Land Assessment
$6,706 (2023)
Improvements Assessment
$12,971 (2023)
Total Assessment
$19,677 (2023)
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731 Broadway
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