1841 28Th StLorain, OH 44055

For Sale
$120,000

Prime Lorain location, 5,968 SF, $120,000

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional three-story mixed-use building, located at 1841 E 28th St in Lorain, Ohio, presents a unique investment opportunity. Boasting 5,968 square feet across three floors, each approximately 2984 square feet, this property offers immense potential for a variety of uses. The building, constructed in 1952, features a solid brick exterior and sits on a 0.36-acre lot. The permitted zoning is Light Industrial (I1), allowing for diverse business ventures, including but not limited to a bar, tavern, restaurant, catering establishment, or office space. The property includes 28 parking spaces, a significant advantage for any commercial enterprise. Recent improvements include a new roof with a 15-year warranty (installed this past year) and updated fire escapes with steel steps. Windows were also updated in the 1990s. The building's history as the former Lake Terminal Railroad office adds to its character. While the property is being sold as-is, the seller will consider leasing options. The buyer is responsible for conducting their own due diligence. Note that electricity is not currently available

Property Details for 1841 28Th St

Property type
Other retail properties, Other mixed-use properties
Square Feet
5,968 SF
Year Built
1952
Stories
3
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4457058
Longitude
-82.1348287
1841 28Th St, Lorain, Ohio

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1841 28Th St
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