321 Colorado AveLorain, OH 44052

For Sale
$99,900

4,590 SF Retail Space, $99,900

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4,590 square foot retail property, located at 321 Colorado Avenue in Lorain, Ohio, presents a unique investment opportunity. Situated on a 0.17-acre lot, the building was constructed in 1945 and is currently zoned B2 Commercial, offering significant potential for redevelopment. The asking price is $99,900, translating to $21.76 per square foot. The existing structure requires roof repair or complete removal, making this a land-value driven investment. The property's four parcels provide ample space for a variety of commercial ventures. This prime location in Lorain, Ohio (zip code 44052) offers high visibility and accessibility, making it an ideal site for entrepreneurs seeking a project with substantial upside. The property's flexible zoning and generous lot size allow for creative development plans, catering to a wide range of commercial uses. Serious inquiries are encouraged to explore the possibilities this property offers. The property is located in Lorain County. This is a chance to acquire a significant commercial parcel in a growing area.

Highlights

  • Roof requires replacement.
  • Negotiate directly with Neal.
  • Seller is a licensed Ohio real estate agent.

Property Details for 321 Colorado Ave

Property type
Other retail properties, Retail properties
Square Feet
4,590 SF
Year Built
1945
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4699791
Longitude
-82.1691875
321 Colorado Ave, Lorain, Ohio

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321 Colorado Ave
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