$239,500
About this home
AFFORDABLE, HIGH-VISIBILITY COMMERCIAL OPPORTUNITY WITH AMPLE PARKING! Bring your vision to life with this versatile commercial property (Former VA building) offering a refreshed exterior, generous interior space, & endless possibilities for your next business venture. Flexible layout features a lobby/reception area, large main room, full kitchen, multiple offices and additional rooms, laundry area, and 3–4 bathrooms, offering the space and functionality to accommodate a variety of potential uses. Recent improvements include kitchen updates, a tankless on-demand hot water system, an updated large parking lot, and a newer dimensional roof. Second floor features a spacious roughed-in apartment, offering potential for additional living space, rental income, or expanded business operations, subject to zoning, permits, and applicable approvals. A small basement provides additional storage. Ideal for investors, entrepreneurs, or established businesses looking to expand, this property presents an exciting opportunity for a variety of potential uses, including professional offices, banking or credit union services, healthcare, daycare, sober living facilities, women's shelters, service businesses, or other permitted commercial uses. Buyers are responsible for independently verifying zoning, occupancy requirements, licensing, and all intended uses with the appropriate authorities. With excellent visibility, ample parking, and flexible space ready for your ideas, this property offers an affordable opportunity to customize and create something special. Explore the possibilities and unlock the potential of this unique commercial opportunity!
Property details
- MLS
- NOWDD
- MLS #
- 5254453
- Property type
- Commercial
- Subdivision
- Brownells Add 01
- Status
- Active
- Days on market
- N/A
- On market date
- October 23, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.37 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 151
- Student:teacher ratio
- 25.2:1
- District
- Constellation Schools: Lorain Community Elementary
- Enrollment
- 112
- Student:teacher ratio
- 28.0:1
- District
- Constellation Schools: Lorain Community Middle
- Enrollment
- 103
- Student:teacher ratio
- 20.6:1
- District
- Lorain City
Walkability
Blended score for Lorain's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Lorain, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.