1605 Broadway, Lorain OH 44052

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$155,000

1605 Broadway, Lorain, OH 44052

bedrooms

bathrooms

square feet

Acreage

0.15

Open Houses

year built

1920

Full Baths

Half Baths

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Discover a unique investment opportunity in Lorain with this mixed-use property undergoing renovations adjacent to Gyro House. Boasting a central location near the heart of Lorain, this building promises visibility and accessibility for residents and businesses alike. Spanning 6,294 sqft across two floors, the property features three rental living units upstairs and flexible retail space on the first floor, with city approvals for a restaurant, yet adaptable for various business ventures, such as storage/warehouse. Construction progress includes new framing throughout two residential units on the second floor, with plumbing rough-ins, and new beams, while rezoning allows for mixed-use applications. Positioned near Broadway and downtown, explore the potential of residential leasing options and the ability to convert the first floor into business space or the quickest option of storage, catering to diverse tenant and business needs. Consider the business opportunities, including multifamily units, offices, or simple storage, and secure your stake in Lorain's growth today. Contact the listing agent to explore this dynamic investment potential.

Location
Subdivision	Chamberlains Add 01
County	Lorain
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Michal Golab, and their network of service providers about your inquiry and other home-related matters.

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MLS number: 5017168

Listing agent: Michal Golab #2019001963

Listing broker: Homesmart Real Estate Momentum (440) 537-3949

Last update: Tuesday, January 14 2025 at 10:34 p.m. EST

Kotohomes National