1319 W Erie Avenue
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$197,500

1319 W Erie Avenue
Lorain, OH 44052
Listed by Adrian T Frederick · Coldwell Banker Schmidt Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

Exceptional opportunity to transform this versatile commercial property into your next successful venture. Whether you're envisioning retail, office, studio, service business, or another permitted commercial use, this building offers endless possibilities to bring your vision to life. The second floor features a roughed-in apartment, providing the potential for owner-occupancy, additional rental income, or expanded workspace (buyer to verify all zoning and permitted uses). With ample space to reimagine and customize, this property is ideal for investors, entrepreneurs, or business owners looking to create something unique. Being sold as-is. Don't miss this chance to unlock the property's full potential.

Property details

MLS #
5231322
Property type
Commercial
Subdivision
Brownells Add 01
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.37 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Constellation Schools: Lorain Community Elementary
0.23 mi away · Grades 0-4
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
151
Student:teacher ratio
25.2:1
District
Constellation Schools: Lorain Community Elementary
MiddleCharter
Constellation Schools: Lorain Community Middle
0.23 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
High
New Beginnings
1.27 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
103
Student:teacher ratio
20.6:1
District
Lorain City

Mortgage calculator

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Est. monthly payment
$1,339/mo
$39,500 down
$158,000 loan
Principal & interest$1,025
Property tax (est.)$165
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 24 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.