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1139 Tower Boulevard Lorain, OH $ 729,900
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$ 729,900 Get more info
1139 Tower Boulevard
$ 729,900
Back to search
Share Save

1139 Tower Boulevard

Lorain, OH, 44052
$ 729,900
Baths0.0

Monthly Estimate*

$ 5,099

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Studio

Pending for sale in Lorain, OH

for $729,900. The lot size is 0.73.

Great investment opportunity, OR START Your own business w/ this Unique opportunity with this high traffic corner of Oberlin Ave and Tower Blvd Intersection in Lorain, OH! This all brick / block construction build is 8,798 sq. ft with plenty of parking, situated on a corner lot. This high traffic location with 360 visibility offers much potential. Currently occupied with a mixture of retail and service based businesses. This is a Triple Net (NNN) Strip Mall has been restored to its glory days! Offers: 3) Established Business Rentals (Vape SHop, Nail and Hair Salons), 2) Storage / Warehouse (Auto Detailer and Contractor Equipment Storage Unit) PLUS! 20 Year Outdoor Advertising by Lamar Advertisers. Contact your agent for more info today! Parking Spaces: 50 SPaces Acre Lot: 0.73 SIgnage/Qty: YES / 2 Utilities: Water, Sewer, Gas and Electric (occupants pay pro rata) For More info copy and paste link: https://dealcheck.io/s/-NvD00PGD2ELHxisB3YQ

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Pending Pending

Price

$ 729,900

Bedrooms

Studio

Property Type

Pending

Taxes

$ 5,499

Style

Lot Size

0.73

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5028205
Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession DeliveryOfDeed Negotiable
Roof Flat
Security Features SecuritySystem
Township Lorain
Property SubType Retail
Tax Year 2023
County Lorain
Net Operating Income 8287.0
Operating Expense 10686.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Black River
Garage Y/N N
Building Features OverheadDoors
Status Pending
Directions Take Oberlin Ave to the intersection of Tower Blvd. Property is on the southeast corner.
City Lorain
Buyer Agent Compensation 2/1
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 Tower
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5499.0
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 13
Standard Status Pending
Occupancy Description Tenant
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Total Actual Rent 9178.0
Property Sub Type Additional Retail
Cap Rate 11.0
Buyer Agent Compensation Type SeeRemarks
Legal Description TR1 OL8
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Interior
Basement None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Exterior
Fencing None
Parking Features Paved
Water Source Public
Total Parking 20.0
Lot Size Area 0.73
Spa N
Lot Size Acres 0.73
Lot Size Units Acres
Lot Size Source PublicRecords
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 1139
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* Excluded Features
List By
James P Matheos

Listing Agent

Keller Williams Citywide

Broker

jmatheos@kw.com

Email

Affordability Calculator

$5,557
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,099
Monthly Property Taxes
$458
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/11/2024$729,900 -8.76% Price Down
4/11/2024$800,000 Listed Price

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1139 Tower Boulevard, Lorain, OH, 44052 is a Pending for sale at $729,900 with a lot size of 0.73. 1139 Tower Boulevard is a studio with 0.0 baths. The property's zip code is 44052 which is in Lorain, OH

Get more info