422 Broadway Lorain, OH $ 849,000
422 Broadway
$ 849,000
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422 Broadway

Lorain, OH, 44052
$ 849,000
Baths0.0

Monthly Estimate*

$ 5,931

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Studio

Commercial Property for sale in Lorain, OH

for $849,000. The lot size is 0.21.

Looking for a rare opportunity on Broadway, Main Street Lorain, this established and actively operating business boasts a loyal customer base and a proven track record of success, it offers immediate revenue-generating potential. This property enjoys high foot traffic and excellent visibility, ensuring maximum exposure for any business endeavor. Beyond the restaurant and bar, this property offers extra square footage suitable for various purposes. Whether you envision office spaces, luxurious apartments, or an AirBNB venture, the possibilities are endless. A relaxing setting for outdoor dining with the lake just a short stroll down Broadway, or a visit for dinner before a concert at Black River Landing or a show at the Palace Theater. Don't miss out on this exceptional chance to own a prime commercial property on Main Street Lorain with a thriving restaurant and bar, plus the flexibility to capitalize on additional space for offices, apartments, or AirBNB rentals. The second floor is accessed through a separate entrance offering several skylights and original woodwork and doors and offices from years back. So much to see when you schedule to view this amazing property.

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Commercial Active

Price

$ 849,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,658

Style

Lot Size

0.21

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5023558

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession Negotiable
Township Lorain
Property SubType MixedUse
Tax Year 2023
County Lorain
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Chamberlain Edison & Musseys
Garage Y/N N
Status Active
Directions Broadway and Main
City Lorain
View Y/N N
Senior Community Y/N N
High School District Lorain CSD - 4709
Waterfront Y/N N
Carport Y/N N
Street Name Broadway
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6658.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 9
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Property Sub Type Additional MixedUse
Legal Description MUSSEY 44 X IRR
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Interior
Basement Full Concrete
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Exterior
Water Source Public
Lot Size Area 0.21
Spa N
Lot Size Acres 0.21
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 422
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* Excluded Features
List By
Sandra Austin

Listing Agent

Berkshire Hathaway Homeservices Lucien Realty

Broker

realtorsandyaustin@gmail.com

Email

Affordability Calculator

$6,485
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,931
Monthly Property Taxes
$555
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457626 Elementary School
4457488 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$849,000 Listed Price

Map


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422 Broadway, Lorain, OH, 44052 is a Commercial Property for sale at $849,000 with a lot size of 0.21. 422 Broadway is a studio with 0.0 baths. The property's zip code is 44052 which is in Lorain, OH