Features & Amenities

Interior

  • Other Interior Features

    Elevator, Storage

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Off Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.14

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $799,900

  • Tax Amount

    $9,585

  • Sq. Footage

    15,000

  • Price/SqFt

    $53

HOA

  • Association

    No

School District

  • Elementary School

    Lorain CSD - 4709

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Lorain

Elementary School

Lorain CSD - 4709

Middle School

High School

Listing Courtesy of Christopher A Frederick, Coldwell Banker Schmidt Realty

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Established & exceptionally well-maintained 3-story professional office building in a prime downtown location at the center of the city’s revitalization & entertainment district! Long-term owner-occupied w/pride of ownership evident throughout, prestigious approximately 15,000 sq ft building per owner is nearly fully occupied w/only approximately 500 sq ft currently available. Positioned on a highly visible, busy street just steps from the Port Authority plus within walking distance to the lake, property offers unmatched accessibility & exposure in the heart of downtown activity & city celebrations. Surrounded by ongoing redevelopment and upscale entertainment venues, the location simply cannot be duplicated. Building features a beautiful exterior, excellent street-front signage visibility, elevator access w/ability to lock off individual floors, two stairwells, full basement for additional utility/storage. Lobby has been tastefully upgraded w/tile accents, creating a professional & inviting first impression. Each floor includes two restrooms, and the spacious office suites offer flexibility for a variety of business uses. Current occupants include established attorneys, insurance professionals, & property management. Upper two floors offer flexible occupancy options for potential owner-users or investors, while the first floor remains leased w/stable tenancy in place. Additional improvements include a newer roof, updated air conditioning systems, elevator updates, & abundant windows providing excellent natural light throughout. Access to the newly beautified rear alley further enhances convenience and appeal. Exceptional opportunity for investors, owner-users, or those seeking a prestigious downtown presence w/endless possibilities for future growth & subdivision potential.

520 Broadway

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Related Properties

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Oh My!! 3 money making incomes for one sale price. The Slovak Home located in the heart of Lorain is a popular building to view. I don't believe the public has any idea of what this building has to offer to buyers. 17,567 Square Foot Building nestled on 11 parcels with parking galore. A very popular dining area, especially on Lake Erie Perch Friday Dinners, with a full kitchen, social bar and meeting room. Downstairs is an oversize banquet room for weddings, birthday parties or family holiday gatherings with a social bar, kitchen and roomy catering area. Also included is a 12-lane bowling alley with social bar and small kitchen. 3 state liquor licenses for each business. Solid Brick Building with a fairly newer roof. Central air. Gas Heat. Normal Utilities. Sellers are open for a rent back. Sellers are willing to sell the Bowling alley or lease the downstairs banquet room separate. You view. You decide. Almost too good of an offer to pass up. Appointments are required. Please contact listing agent for any additional questions.
#5214297

Lorain

2915 Broadway

None Beds

None Baths

17,567 Sq.Ft.

$677,777

MLS#: 5214297

 - property

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