520 Broadway Lorain, OH $ 799,900
520 Broadway
$ 799,900
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520 Broadway

Lorain, OH, 44052
$ 799,900
Baths0.0

Monthly Estimate*

$ 4,925

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Studio

Single Family Home for sale in Lorain, OH

for $799,900. This home was built in 1920 on a lot size of 0.14.

Established & exceptionally well-maintained 3-story professional office building in a prime downtown location at the center of the city’s revitalization & entertainment district! Long-term owner-occupied w/pride of ownership evident throughout, prestigious approximately 15,000 sq ft building per owner is nearly fully occupied w/only approximately 500 sq ft currently available. Positioned on a highly visible, busy street just steps from the Port Authority plus within walking distance to the lake, property offers unmatched accessibility & exposure in the heart of downtown activity & city celebrations. Surrounded by ongoing redevelopment and upscale entertainment venues, the location simply cannot be duplicated. Building features a beautiful exterior, excellent street-front signage visibility, elevator access w/ability to lock off individual floors, two stairwells, full basement for additional utility/storage. Lobby has been tastefully upgraded w/tile accents, creating a professional & inviting first impression. Each floor includes two restrooms, and the spacious office suites offer flexibility for a variety of business uses. Current occupants include established attorneys, insurance professionals, & property management. Upper two floors offer flexible occupancy options for potential owner-users or investors, while the first floor remains leased w/stable tenancy in place. Additional improvements include a newer roof, updated air conditioning systems, elevator updates, & abundant windows providing excellent natural light throughout. Access to the newly beautified rear alley further enhances convenience and appeal. Exceptional opportunity for investors, owner-users, or those seeking a prestigious downtown presence w/endless possibilities for future growth & subdivision potential.

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Single Family Active

Price

$ 799,900

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 9,585

Style

Lot Size

0.14

Year Built

1920

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5202333

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession Negotiable
Roof Asphalt Fiberglass
Year Built 1920
Township Lorain
Property Subtype Office
Tax Year 2025
Current Use Office
Business Type Commercial
County Lorain
Property Type CommercialSale
Attached Garage false
Building Features Elevators PrivateRestrooms Storage
Status Active
Directions off broadway
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Tax Annual Amount 9585
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source PublicRecords
Property Sub Type Additional Office
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Interior
Basement Full Unfinished
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OffStreet
Water Source Public
Total Parking 10
Lot Size Area 0.14
Foundation Details Basement
Number of Buildings 1
Building Area Total 15000
Lot Size Acres 0.14
Lot Size Source PublicRecords
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* Excluded Features
List By
Christopher A Frederick

Listing Agent

Coldwell Banker Schmidt Realty

Broker

thefrederickteam@gmail.com

Email

Affordability Calculator

$5,724
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,925
Monthly Property Taxes
$799
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4458042 Elementary School
4458082 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$799,900 Listed Price

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520 Broadway, Lorain, OH, 44052 is a Single Family Home for sale at $799,900 with a lot size of 0.14. 520 Broadway is a studio with 0.0 baths and was built in 1920. The property's zip code is 44052 which is in Lorain, OH