$1,400,000
About this home
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.
Property details
- MLS
- NOWDD
- MLS #
- 5240621
- Property type
- Office
- Subdivision
- N/A
- Status
- Active
- Days on market
- 4
- On market date
- August 28, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.68 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
- 448
- Student:teacher ratio
- 17.9:1
- District
- Elyria City Schools
- Enrollment
- 459
- Student:teacher ratio
- 14.8:1
- District
- Clearview Local
- Enrollment
- 20
- District
- Clearview Local
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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
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 September 1, 2026.
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.