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13 photos

$225,000

506 Broadway 1
Lorain, OH 44052
Listed by Denise M Rakich · Russell Real Estate Services
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Prime Downtown Lorain retail storefront offers nearly 4,000 sq ft! Previously used as a retail clothing/uniform/tuxedo rental shop. Make your dream a reality! Would be great for restaurant, professional office space, retail sales, or you can choose to sublet sections for multiple entrepreneurs to set up shop under one roof and make money on your commercial investment!

Property details

MLS #
5193492
Property type
MixedUse
Subdivision
Broadway Redev Condo
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.01 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Lorain Bilingual Preparatory Academy
0.18 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
0.38 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
0.82 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

Mortgage calculator

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Est. monthly payment
$1,505/mo
$45,000 down
$180,000 loan
Principal & interest$1,167
Property tax (est.)$188
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated March 15, 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.