2515 W 21st Lorain, OH $ 250,000
2515 W 21st
$ 250,000
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2515 W 21st

Lorain, OH, 44053
$ 250,000
Baths0.0

Monthly Estimate*

$ 1,746

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Studio

Commercial Property for sale in Lorain, OH

for $250,000. This building was built in 1962 on a lot size of 0.36.

2515 West 21st St in Lorain, OH is a free-standing 4,029 SF retail building strategically located at the corner of Rt. 58 and Rt. 611. This property is ideal for a gym, daycare, salon, office space, community center, yoga studio, and other neighborhood-centric retail services. Recent renovations and upgrades include but are not limited to a newly paved and striped parking lot, interior and exterior paint, a new water heater, and a new roof. Across the street from this property, a 65,000 SF retail shopping center is undergoing its own rejuvenation, creating a mutually advantageous environment. Located just minutes from Lake Erie and Rt. 2, this 4,029 SF building offers excellent visibility and accessibility, making it an appealing opportunity for businesses aiming for a strategic advantage. This property is also available for rent ($3,000/month) and creative financing options are available too.

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Commercial Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,562

Style

Lot Size

0.36

Year Built

1962

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5007327

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Possession DeliveryOfDeed
Year Built 1962
Township Lorain
Property SubType Retail
Tax Year 2022
County Lorain
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Black River
Garage Y/N N
Status Active
Directions Corner of Rt. 58 and Rt. 611.
City Lorain
Buyer Agent Compensation 3/2
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 21st
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2562.0
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 74
Building Area Units SquareFeet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Property Sub Type Additional Retail
Buyer Agent Compensation Type Item1
Legal Description OL 23
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Exterior
Parking Features Paved ParkingLot
Water Source Public
Total Parking 11.0
Lot Size Area 0.36
Number of Buildings 1
Spa N
Building Area Total 4029.0
Lot Size Acres 0.36
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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Interior
Basement (Y/N) N
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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Internal Only
Street Number 1 2515
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* Excluded Features
List By
Andrea Mapel

Listing Agent

Exp Realty, Llc.

Broker

andrea@theiconicpartners.com

Email

Affordability Calculator

$1,960
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,746
Monthly Property Taxes
$214
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
2/28/2024$250,000 -16.67% Price Down
12/16/2023$300,000 Listed Price

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2515 W 21st, Lorain, OH, 44053 is a Commercial Property for sale at $250,000 with a lot size of 0.36. 2515 W 21st is a studio with 0.0 baths and was built in 1962. The property's zip code is 44053 which is in Lorain, OH