Commercial at V/L N Ridge Road E, Lorain
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$35,000

V/L N Ridge Road E
Lorain, OH 44055
Listed by Majdey Taye · RE/MAX Transitions
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Welcome to an exceptional commercial opportunity in Lorain, Ohio! Unveiling a prime corner lot boasting 0.40 acres of potential and an attractive list price of $59,000. Positioned at the bustling intersection of North Ridge Road and Louis Avenue in Sheffield Township, this parcel is strategically located for diverse commercial ventures. Zoned for commercial use and forming part of the Clearview Local School District in the Rolling Heights Allotment, this cleared and level lot with a frontage of 93 feet and a depth of 188 feet offers a versatile canvas for your business aspirations. This dynamic property is characterized by its city street frontage, ensuring high visibility for a range of commercial enterprises. With no restrictions on the property, you have the flexibility to realize your development goals. As of 2022, the property taxes amounted to $996. Its strategic location, close to major roads, coupled with versatile zoning, positions it as an exceptionally attractive investment opportunity. What sets this property apart is the absence of current improvements, providing a blank canvas for all your construction plans, Tailor the space precisely to meet your business needs, whether you envision a retail space, an office building, or another commercial endeavor. Seize the opportunity to bring your business aspirations to life with this prime location and favorable features. The absence of current improvements provides a blank canvas for your construction plans. Savvy investors and business owners will recognize the potential of this commercial lot as a cornerstone for a successful venture. Act now and secure this promising parcel to shape the future of your business! Don't miss this chance to claim a strategic location for your commercial venture and make a lasting impact in the heart of Lorain! Explore the possibilities and envision your business thriving in this prime commercial space! Act fast and secure your slice of prime commercial real estate in Lorain!!

Highlights

View

Property details

MLS #
5095918
Property type
Commercial
Subdivision
Rolling Heights Allotment
Status
Active
Days on market
319
On market date
January 24, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.4 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.

Elementary
Vincent Elementary School
1.06 mi away · Grades 0-4
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
485
Student:teacher ratio
13.5:1
District
Clearview Local
Middle
Southview Middle School
1.31 mi away · Grades 6-8
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
455
Student:teacher ratio
15.7:1
District
Lorain City
High
Clearview High School
1.48 mi away · Grades 9-12
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
402
Student:teacher ratio
13.0:1
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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

38
Car-dependent
out of 100
EPA National Walkability Index
4.8 / 20 -- Least walkable
Google Places amenity density
58 / 100
Restaurants & cafes5
Grocery stores2
Parks3
Schools2
Transit stops15
Pharmacies0

Market position

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

On the market 319 days -- 264 more days than Lorain's current average of 55 days.
For reference, the median list price across 168 active listings in Lorain right now is $147,450.

Mortgage calculator

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

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Est. monthly payment
$361/mo
$7,000 down
$28,000 loan
Principal & interest$182
Property tax (est.)$29
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated December 9, 2025.

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.