Lorain OH Real Estate & Commercial for Sale

The median home value in Lorain, OH is $88,200. This is lower than the county median home value of $125,500. The national median home value is $185,800. The average price of homes sold in Lorain, OH is $88,200. Approximately 50% of Lorain homes are owned, compared to 35.93% rented, while 14.06% are vacant. Lorain real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lorain real estate agent to arrange a tour today!


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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
1917
Baths:
MLS#:
4106885

ADDITIONAL INFORMATION

Close to town religious building and 5 lots across the street with large open auditorium (sanctuary) with stage, sound system and furnishings all staying. Handicapped bathroom on main level. Men's and women's bathrooms, baptismal pool and small office on the lower level with exit door. Parking area is paved and there is street parking as well. Immediate occupancy and much more. Call for your personal tour of this property. Priced to sell and cheaper than rent.

Type:
Retail
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1979
Baths:
MLS#:
4106355

ADDITIONAL INFORMATION

Great opportunity. Brick free standing building currently set up as a convenience store. Buy or lease the building and the business. All fixtures and equipment are included. The roof was replaced in 2008. The building was rewired and electric was updated in 2018. The AC, gas line, hot water tank, and some coolers were replaced within 3-5 years. This is your chance to own a business and the real estate, own the real estate and earn rental income, or start your own business and rent the building now and possibly buy it later. The location is a prime area right by the lake with scenic lake views. Other possible uses with zoning change (see Lorain county building department).

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.34 Acres
Year built:
1972
Baths:
MLS#:
4104944

ADDITIONAL INFORMATION

Immediate income with this commercial building with 2 spacious apartments up with current tenant leases. Apartments have 2 BR/1Bath, eat-in kitchen, large living room, laundry room and plenty of closet space! Lower level has many possibilities for retail, business, service or office(s). 3 large rooms plus 2 half baths and garage. Parking in front, side and rear of building. Commercial building lot to be split and has been started. Easement for driveway use to the rear property. Actual lot size to be determined with the split. Shed in rear will not remain with the property.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.36 Acres
Year built:
1950
Baths:
MLS#:
4104839

ADDITIONAL INFORMATION

Continue your business here or start your legacy at this former funeral home location. Also income potential from upstairs apartment (will require some TLC). Parking lot holds 16+ marked spaces plus side and main street for additional parking. The property is basically turnkey for funeral home use. Could use a few updates but is ready to go! Some of remaining fixtures/equipment may be for sale outside of the property sale. This property is priced to sell. Call for your private showing today.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.82 Acres
Year built:
1971
Baths:
MLS#:
4103618
Subdivision:
Black River 02

ADDITIONAL INFORMATION

Great opportunity to own this 24 unit apartment building which consists of 2 brick buildings with 12 units in each building. The unit mix consists of 20- 2 Bedroom units and 4- 1 Bedroom units. 7 of the units have been completely renovated from A-Z (new granite counter-tops, brand new white cabinets, freshly painted throughout, new flooring throughout, etc), the common areas have been remodeled, new windows have been installed, and some deferred maintenance has been completed for occupied units. This property is currently 87% occupied with gross rents totaling $10,755 per month. Do a light rehab on the 3 vacant units and rent them for an extra potential $1,740 per month (apprx $580/mo per unit) which would bring your gross rental income to $149,940/yr. Laundry income also has the opportunity to bring in an extra $2,400+/year ($100 per unit), which yields a gross potential income of $152,340 per year! Owner pays for trash, electric, common area gas, and water/sewer. Serious buyers only. Rent-roll available upon request.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1920
Baths:
MLS#:
4101260
Subdivision:
Brownells

ADDITIONAL INFORMATION

Explore the possibilities. Zoned as office business district this building has been used in the past as a grocery store, business office, and storage warehouse. It is currently divided into two areas. One side is set up as more of an office with existing bathroom. A small foyer as you enter. With a basement offering a forced air gas furnace. Updated electrical panel. New roof in 2018. There is a gravel driveway behind the building offering space for 2 cars one in front of the other. Street parking is also available on this corner lot. The other side is a wide open space with a small foyer as you enter. There is also a basement under this space. There is currently no heating or cooling available on this side. And the plumbing does exist for another bathroom to be added. The two spaces are accessible by a small hallway at the rear of the building. Property is being sold as-is.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.4 Acres
Year built:
2002
Baths:
MLS#:
4098315
Subdivision:
Sheffield Land Cos Add 01

ADDITIONAL INFORMATION

This building was designed to be used in many ways. Micro Brewery, Special Event Venue, Restaurant, Church, Office, School, Funeral Home, Healthcare, Retail, Daycare, Community Outreach, etc. It has over 10,000 sq. ft. on over 2.5 acres and located on a corner lot with lots of parking. Built in 2002 on a cement slab, handicap accessible and well kept. Inside you will find wide hallways, an executive office with a full bath and attached secretarial office, a single office, 2 offices/classrooms that share a half bath. Also Men's & Women's restrooms located in the hallway and water fountains, along with a separate pantry room. The sanctuary features a baptismal and sound room.The fellowship hall contains a kitchen and access to the fenced in play area. Exterior features include a canopy over the main door for drop off and pick up. The property has large open grassy areas and backs up to E. 29th street. Access to the parking lot is from Clinton Ave. Bring your imagination and serve the community of Lorain. Taxes will depend on the use the buyer has for the property.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1959
Baths:
MLS#:
4093845
Subdivision:
Black River 01

ADDITIONAL INFORMATION

Great Opportunity. Small single family home that consists of 2 bedroom, living room and kitchen. Easily used as a office, retail space or small repair center. It may be possible to rent the house and use the extra large 24x32 two-story storage garage/barn. Ideal situation for service tech such as electrician, plumber or carpenter. Great storage or work area. The crawl space has just recently been waterproofed. The perimeter of the foundation was recently dug, tiled, slagged and back-filled into a outdoor sump crock to ensure that foundation is clear of flooding waters. This property is in a very high traffic location surrounded with other professional offices. Don't let this opportunity pass you buy.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1929
Baths:
MLS#:
4093107
Subdivision:
Stangs 02

ADDITIONAL INFORMATION

This is a long time business in Lorain. I would say it is a legend. This includes green house, retail show room, and business fixtures. The business is still operating. There is an upstairs apartment plus an additional house located behind business. It is being used for storage at the present. Buyer must be qualified to see listing and will need to sign confidentiality agreement before seeing financial information.

Type:
Industrial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.3 Acres
Year built:
1945
Baths:
MLS#:
4099554

ADDITIONAL INFORMATION

RENT INCREASES EACH YEAR. ONE FIVE (5) YEAR RENEWAL OPTION WITH CPI INCREASES. TENANT PAYS ALL UTILITY COSTS, REAL ESTATE TAXES AND INSURANCE. LANDLORD RESPONSIBLE FOR PARKING AREAS, STRUCTURAL COMPONENTS (INCLUDING ROOF) AND BASE BUILDING SYSTEMS (INCLUDING HOT WATER, HEATING, PLUMBING AND ELECTRICAL SYSTEMS AND ALL OTHER ITEMS OF THE PREMISES).

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Baths:
MLS#:
4089936
Subdivision:
Lawler

ADDITIONAL INFORMATION

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.08 Acres
Year built:
1900
Baths:
MLS#:
4087089

ADDITIONAL INFORMATION

Imagine the possibilities at this 2.08 acre Sheffield township property! Large garage formerly used for a trucking company on over an acre of cleared parking ready land. Includes a 40x121 building with 2 bathrooms and 3 offices. There is an attached insulated 20x121 area. Unlimited potential. Heavy construction. Mineral rights included-natural gas on property already tapped but volume can be expanded. Trucking, fence it in for storage, woodworking, electrical company, plumbing supplies, contractors, and mechanical. Additional acreage available.

Type:
Retail
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1920
Baths:
MLS#:
4085506

ADDITIONAL INFORMATION

Beautiful Brick Building In Downtown Lorain. Lots Of Space with a Wide Open Floor Plan. Multitude of possible uses. Includes 2 full bathrooms with showers on main floor. Outside Front Graced By Granite Facade. This building is in a Great Location and High Traffic Area. Near Waterfront Development, River And Lake Front! Seller Motivated!

Type:
Retail
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2 Acres
Baths:
MLS#:
4084355
Subdivision:
Black River

ADDITIONAL INFORMATION

Formerly home of Stanley Garden Center. 32 x 52 concrete block and frame 2-story building. Ground floor is currently vacant and has been used as retail. 2-car garage enters on side of building. Upstairs is an apartment which is currently rented for $600 month. Includes lot to the north which makes parcel total 2 acres. Selling "as is" to settle estate.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1953
Baths:
MLS#:
4082442

ADDITIONAL INFORMATION

Commercial Opportunity! 4500 Square Foot Building That Was Formerly A Motor Cycle Shop. Has Front Service Area and Office. Loads Of Space and Room For Storage! Could Be A Business Or Private Garage!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.02 Acres
Year built:
1981
Baths:
MLS#:
4079067
Subdivision:
Salem Court Condo

ADDITIONAL INFORMATION

Beautiful second floor office space in Salem Court Office Buildings located on Oberlin Avenue in Lorain. Probate Sale. Entertaining offers. Nicely carpeted. Ready for immediate use. Gas fireplace in the boss office. Reception area, waiting room and a storage area. Perfect location for a small business. Plenty of free parking. 2 large rooms to conduct business. Probate Court will carefully review all offers made. Don't miss out. Home Association monthly fee is $105.00

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.6 Acres
Baths:
MLS#:
4077862

ADDITIONAL INFORMATION

Fantastic location minutes from the Lake. Brick and block building. Corner lot with additional extra lot. Meticulously maintained. Large oversized 3 bay garage doors with an office area and private restrooms. Seeing is believing, ideal for fast food, etc. Mechanics dream property, don't miss out on this gem! Possible lease option with down payment.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.4 Acres
Year built:
1965
Baths:
MLS#:
4077271
Subdivision:
Homewood

ADDITIONAL INFORMATION

Newly remodeled for an accountants or lawyers office, senior center, daycare, church, etc. Great location, building in excellent shape and totally remodeled. Also the building has a large kitchen and a new roof. Currently Zoned Non-Profit, Zero Taxes.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
4075602

ADDITIONAL INFORMATION

This 3 story building at 436-440 Broadway Ave. with office and retail space is located in the heart of downtown amid the area that is becoming an entertainment center and an area of restaurants and taverns. Great area since Black River Landing is a site for weekly concerts from May through October.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
4075594

ADDITIONAL INFORMATION

Two story building with retail and offices in the heart of downtown amid the area that is becoming an entertainment center and an area of restaurants and taverns. Great area since Black River Landing is a site for weekly concerts from May through October.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
4072992

ADDITIONAL INFORMATION

AUTO USAGE BUILDINGS. 2 BUILDINGS ON THIS SITE. MAIN BUILDING CONSIST OF 4412 SQUARE FEET HAS OFFICE AREA, RECEPTION, KITCHENTTE AND BATHROOM. AUTO LIFT NOW ON PREMISES IS 7000 LBS CAPACITY AND IS POST 2 POST MODEL. THE MAIN BUILDING 1845 IS MASONARY CONSTRUCTION AND ALSO HAS LOFT AREA FOR EXTRA STORAGE AREA. MAIN BUILDING (1845 ADDRESS) ALSO HAS AIR COMPRESSOR, A/C FOR FRONT OFFICE AREA, MONITORED SECURITY SYSTEM. THE FRONT OVERHEAD DOOR IS 10FT X 10 FT AND REAR OVERHEAD DOOR IS 16 X12FT. THE 2ND BUILDING ON THIS SITE IS 2000 SQ. FT. AND IDEAL FOR STORAGE OR AUTO REPAIR SHOP.. TOTAL FRONTAGE FOR THIS SITE IS 250 FT. FRONTAGE COMPLETELY FENCED IN AND ELECTRIC GATE WITH SECURITY.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.69 Acres
Year built:
1972
Baths:
MLS#:
4072588

ADDITIONAL INFORMATION

Originally built as a McDonalds in 1972. Most current usage was a bar/restaurant which now includes 2 walk-in coolers (not recently serviced), full kitchen area, and large horseshoe bar. Area for 2 drive through windows. More than ample parking with room for expansion to southern property line. Convenient location on Lorain.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
4071937

ADDITIONAL INFORMATION

Established auto body shop available "Lock Stock and Barrel". A fantastic opportunity includes a well-maintained approximate 14,600 square foot building and a well-known and reputable 46-year auto body business, all equipment, tools, paint booth, database of more than 20 years past customers, as well as paper files of business from past 15 years and all advantages in good will of this outstanding business opportunity. Complete office and waiting area with furniture, files and office equipment. The building will accommodate 25 cars with an additional parking lot for 10 cars as well. Space within the building available for an auto repair shop if desired. Seller willing to assist and acclimate new owners for a mutually agreed upon amount of time for introduction to past clientele. Full time office assistance (a 20-year employee of this company) will consider staying on. A list of all equipment and inventory available upon request to qualified buyers. Adjacent property (1342 Colorado Ave) also available for sale and could provide a great opportunity for expansion.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.29 Acres
Year built:
1900
Baths:
MLS#:
4071063
Subdivision:
Charleston

ADDITIONAL INFORMATION

How would you like a rental property that can generate nearly $2700 in monthly rent? If so, then this is the investment opportunity for you. All tenants want to stay (owner will be leaving). This group of properties is located on two parcels. Total of 4 buildings. 1st building offers two 1 bedroom apartments with living room, dining room and kitchen in both units. The 2nd building offers two 3 bedroom units (both units have 2 baths). The 3rd building is an efficiency apartment with 1 bedroom, attached storage and garage. The 4th building is a large storage with a garage door. Walking distance to schools, parks and live entertainment in the summertime. A wonderful opportunity!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1900
Baths:
MLS#:
4069565
Subdivision:
Sheffield Land Cos 02

ADDITIONAL INFORMATION

Well maintained commercial building offers on site paved parking, over sized bar area, large lounge area and/or dance floor, plenty of room on the stage for dancing or sitting and conversing, crisp and clean restrooms, full kitchen, private living room, full bath and bedroom on premises, great for a manager, includes an extra lot to the East of building. Diverse floor plan. Contents negotiable. A great investment for your future. This area is zoned for Action! Call Today

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