1600-1604 Kansas AveLorain, OH 44052

For Sale
$1,985,000

38,556 SF, 2 Buildings, 3.31 Acres

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 3.31-acre property in Lorain, Ohio, presents a unique owner-user or redevelopment opportunity. The site encompasses two buildings totaling 38,556 square feet, offering diverse possibilities. The main building, totaling 35,559 square feet, comprises a former grocery store (18,613 SF) currently used as office space, and a 16,946 SF high-bay warehouse (22' ceilings) with front and rear loading areas. A separate 2,997 square foot former bank building with a drive-thru is also included. The property sits on a 3.31-acre lot and benefits from I-1 Light Industrial zoning for the main building and B-2 General Commercial zoning for the bank building. Located minutes from downtown Lorain, this site is strategically positioned within a dense market of 50,400 people within a 3-mile radius, exhibiting a 0.4% annual population growth. The property is soon to be vacant, offering immediate occupancy for a new owner. This versatile property is ideal for a variety of uses, making it an attractive investment opportunity. The asking price is $1,985,000. The address is 1600-1604 Kansas Ave, Lorain, OH 44052.

Highlights

  • 3.31-acre property in Lorain, OH, with two buildings totaling 38,556 square feet.
  • Main building: 35,559 SF (18,613 SF former grocery store/office space, 16,946 SF high-bay warehouse with 22' ceilings and loading docks).
  • Separate 2,997 SF former bank building with drive-thru.
  • I-1 Light Industrial zoning (main building) and B-2 General Commercial zoning (bank building).
  • Minutes from downtown Lorain, in a dense market with 50,400 people within a 3-mile radius and 0.4% annual population growth.
  • Asking price: $1,985,000. Address: 1600-1604 Kansas Ave, Lorain, OH 44052.

Property Details for 1600-1604 Kansas Ave

Property type
Other warehouses, Other retail properties
Square Feet
38,556 SF
Buildings
2
Lot Size (sq. ft)
144,184 SF

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4671559
Longitude
-82.158419
1600-1604 Kansas Ave, Lorain, Ohio

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1600-1604 Kansas Ave
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