Commercial at 500 W 6th Street, Lorain
Commercial at 500 W 6th Street, Lorain, photo 2 of 5
Commercial at 500 W 6th Street, Lorain, photo 3 of 5
Commercial at 500 W 6th Street, Lorain, photo 4 of 5
Commercial at 500 W 6th Street, Lorain, photo 5 of 5
5 photos

$20,900

500 W 6th Street
Lorain, OH 44052
Listed by Andrea Neal · Russell Real Estate Services
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

VACANT LAND OPPORTUNITY — LOCATION! LOCATION! LOCATION! BUILD • INVEST • DEVELOP Discover the possibilities with this 50' x 200' vacant parcel located directly across from the Lorain Public Library in Lorain’s historic downtown area. MIXED-USE NEIGHBORHOOD, a unique location where residential and commercial uses cohabitate, offering flexibility and opportunity for the right buyer or investor. WALK TO LAKE ERIE! Enjoy convenient access to everything happening along Lorain’s growing waterfront and downtown district. NEARBY AMENITIES INCLUDE: Lorain Public Library, Lake Erie waterfront Black River, Downtown restaurants & entertainment, Shopping, Local businesses, Waterfront attractions, Historic Downtown Lorain. Whether you're looking for a location for a future business, investment, or residential opportunity, this parcel puts you close to the water, downtown, and everything Lorain has to offer.

Highlights

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Property details

MLS
NOWDD
MLS #
5239586
Property type
Commercial
Subdivision
Cornwells Sub
Status
Active
Days on market
1
On market date
August 28, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.2169 acres
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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.

ElementaryCharter
Lorain Bilingual Preparatory Academy
0.13 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
286
Student:teacher ratio
16.8:1
District
Lorain Bilingual Preparatory Academy
MiddleCharter
Constellation Schools: Lorain Community Middle
0.31 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
112
Student:teacher ratio
28.0:1
District
Constellation Schools: Lorain Community Middle
HighCharter
Summit Academy School - Lorain
0.93 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
87
Student:teacher ratio
12.4:1
District
Summit Academy School - Lorain

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).

62
Walkable
out of 100
EPA National Walkability Index
10.0 / 20 -- Below average walkable
Google Places amenity density
80 / 100
Restaurants & cafes20
Grocery stores2
Parks9
Schools8
Transit stops11
Pharmacies0

Market position

How this listing compares to current activity in Lorain, from live MLS data.

On the market 1 days -- 62 fewer days than Lorain's current average of 63 days.
For reference, the median list price across 258 active listings in Lorain right now is $157,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$276/mo
$4,180 down
$16,720 loan
Principal & interest$108
Property tax (est.)$17
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 29, 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.