523 W 23rd Street Lorain, OH $ 199,888
523 W 23rd Street
$ 199,888
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523 W 23rd Street

Lorain, OH, 44052
$ 199,888
Bedrooms-- Baths--

Monthly Estimate*

$ 1,262

523 W 23rd Street, Lorain, OH 44052 - Image 1

Commercial Property for sale in Lorain, OH

for $199,888. This building was built in 1960 on a lot size of 0.09.

Prime corner location opportunity in Lorain! Formerly home to Rudy's Market. This freestanding 1,584 sq. ft. building offers excellent visibility at the corner of 23rd Street and Oakdale Avenue and presents exciting opportunities for an owner-occupant, entrepreneur or investor with a vision for space. The open floor plan provides flexibility for a variety of potential uses. This property features a full bathroom, central air (2021), and new roof (2020). Additional updates include the electrical system and panel, plumbing and light fixtures. The rear of the property includes two small driveways with plenty of additional space for potential parking. Conveniently located near Central Park and surrounded by an established residential neighborhood, this property offers a unique opportunity to bring your business concept to life in a location with a history of serving the local community. Schedule your showing today and explore all the possibilities! Buyer to verify zoning, permitted uses, parking requirements, and all intended uses with the City of Lorain.

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Commercial Active

Price

$ 199,888

Property Type

Commercial

Taxes

$ 560

Style

Lot Size

0.09

Year Built

1960

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5244898

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Central Air
Possession Delivery Of Deed
Roof Asphalt
Year Built 1960
Township Lorain
Property Subtype Retail
Tax Year 2025
Current Use Vacant
County Lorain
Property Type Commercial Sale
Attached Garage false
Subdivision Name Hogans Add 03
Status Active
Directions South onto Oakdale from W. 21st Street. Southeast corner of Oakdale and W. 23rd Street.
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Tax Annual Amount 560
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Public Records
Property Sub Type Additional Retail
Legal Description HOGAN 3 25 X 150 LOT # 13
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Interior
Basement Crawl Space
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Fencing None
Water Source Public
Lot Size Area 0.09
Building Area Total 1584
Lot Size Acres 0.09
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Holly Wilsey

Listing Agent

The Sweda Group, Llc.

Broker

hollywilsey@gmail.com

Email

Affordability Calculator

$1,309
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,262
Monthly Property Taxes
$47
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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! What's my home worth?
Nearby
4458042 Elementary School
4458082 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/14/2026$199,888 Listed Price

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523 W 23rd Street, Lorain, OH, 44052 is a Commercial Property for sale at $199,888 with a lot size of 0.09. 523 W 23rd Street was built in 1960. The property's zip code is 44052 which is in Lorain, OH