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About This Home
This 0-bedroom, 0-bathroom commercial at 520 Broadway in Lorain, OH is listed for $799,900. Built in 1920, on a 0.14 acres lot.
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.
Key Features
- Built in 1920
- 0.14 acre lot
- 10 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,278/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
520 Broadway
Lorain, OH 44052
Property Details
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 520 Broadway is listed at $799,900. The estimated monthly payment is $3,466 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.14 acre lot, 10 parking spaces.
This property is listed by Christopher A Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.




