2348 E 28th Street, Lorain, OH 44055
- $220,000
- 5,280
- SqFt
- Sold Price
- $220,000
- List Price
- $200,000
- Status
- CLOSED
- Days on Market
- 795
- Closing Date
- Jul 19, 2024
- MLS#
- 4372997
- Subtype
- Commercial Sale
- Living Area
- 5,280
- Acres
- 0.14
- Subdivision
- Sheffield Land Co
- Neighborhood
- Sheffield Land Co
Property Description
Do you have an EYE for Opportunity? A Business Opportunity to make a GREAT Long Term Investment? A Storefront, Plus 5-7 Apartment Units! Previously a Bar. All the bar equipment is there and can be included. Think Tavern, Eatery, Coffee Shop, Ice Cream Parlor, or another Apartment! ! This area is looking for all types of Businesses! There are five rented units now (Four one bedroom and one three bedroom unit). All five units are month to month and tenant occupied. There are two units to be finished on the second floor for a total of 7 apartments units. The building has a newer Roof 2021, fully Insulated. Newer Furnaces, two are High Efficiency Furnaces. Four newer Hot Water Tanks in 2022\2023. Total Monthly Rent is $2900 a month. One tenant is the maintenance manager. There are four separate meters, two units at the end share one meter. Seller is paying all utilities. Call me for more details and information.
Additional Information
- Taxes
- $2,920
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Roof
- Asphalt, Fiberglass
- Parking Features
- Paved
- School District
- Lorain CSD - 4709
Listing Courtesy of: Terri M Czarnecki, terriczarnecki@russellrealty.com With Russell Real Estate Services
Selling Office: House to Home Real Estate Professionals, LLC..Mortgage Calculator
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.