1605 Broadway, Lorain, OH 44052

$140,000

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List Price
$140,000
Status
ACTIVE
Days on Market
484
Price Change
▼ $10,000 1747244276
MLS#
5112612
Subtype
Commercial Sale
Year Built
1920
Acres
0.15
Subdivision
Chamberlains Add 01
Neighborhood
Chamberlains Add 01
MLS Area Major
Lorain

Property Description

Do not miss your chance to own a landmark in Lorain history. The Broadway Feed and Pet Supply building on Broadway! Recently rezoned as mixed use, this building has great income potential. The lower level is approved by the city for a restaurant, but can be used for several other business ventures. A lot of Structural work has already been performed. All you have to do is bring your vision, and make it come to life! Not only is the lower level a prime retail space in the heart of downtown, but the upper level has 3 units of living space! Two of the units have some framing and plumbing complete. With rent skyrocketing in the past few years, the upper level will be a big source of income for your portfolio. Blue prints have already been drawn for both levels, making the completion of this project much easier. Call your favorite Realtor and schedule your private tour today!

Additional Information

Taxes
$1,848
Zoning
Multi-Family
Heating
None
Air Conditioning
None
School District
Lorain CSD - 4709

Listing Courtesy of: Paul Lawson, purchasewithp@gmail.com With Russell Real Estate Services

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