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Lorain OH Real Estate & Commercial for Sale

40 Properties Found

The median home value in Lorain, OH is $139,900 This is lower than the county median home value of $160,000. The national median home value is $308,980. The average price of homes sold in Lorain, OH is $139,900. Approximately 52% of Lorain homes are owned, compared to 36% rented, while 12% are vacant. Lorain real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Lorain real estate agent to arrange a tour today!
Learn more about Lorain.


1–25 of 40 properties displayed
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$275,000

2851 Oakwood Avenue Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
5030174
Type:
Apartment, Business Opportunities
Subdivision:
Sheffield Land Co
Lot size:
0.11 Acres
Courtesy: Russell Real Estate Services, tal@premierclevelandinvesting.com 216-870-8687
View additional info

Massive Lorain cash flow opportunity! 6 units offered at an extremely competitive price makes this a serious opportunity for any investor looking for cashflow! Rent roll available upon request. Property will be mostly vacant at closing, allowing a new owner to renovate and place tenants at top dollar market rents, or fetch premium rents through Lorain's section 8 program. Section 8 rents in the area are BOOMING and a new owner can easily get this property grossing $4,800+ per month! Tenants have baseboard heat and are responsible for their electricity cost, while the owner pays for water, sewer and gas for the hot water tanks. The property has had most windows replaced with vinyl, and some new mechanicals installed in the last year. The property is located right near E 28th street with all the businesses and easy access to the city, and tons of street parking!

$729,900

1139 Tower Boulevard Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5028205
Type:
Retail, Business Opportunities
Subdivision:
Black River
Lot size:
0.73 Acres
Courtesy: Keller Williams Citywide, jmatheos@kw.com 440-847-9033
View additional info

Great investment opportunity, OR START Your own business w/ this Unique opportunity with this high traffic corner of Oberlin Ave and Tower Blvd Intersection in Lorain, OH! This all brick / block construction build is 8,798 sq. ft with plenty of parking, situated on a corner lot. This high traffic location with 360 visibility offers much potential. Currently occupied with a mixture of retail and service based businesses. This is a Triple Net (NNN) Strip Mall has been restored to its glory days! Offers: 3) Established Business Rentals (Vape SHop, Nail and Hair Salons), 2) Storage / Warehouse (Auto Detailer and Contractor Equipment Storage Unit) PLUS! 20 Year Outdoor Advertising by Lamar Advertisers. Contact your agent for more info today!Parking Spaces: 50 SPaces Acre Lot: 0.73SIgnage/Qty: YES / 2 Utilities: Water, Sewer, Gas and Electric (occupants pay pro rata)For More info copy and paste link: https://dealcheck.io/s/-NvD00PGD2ELHxisB3YQ

$295,000

1820 Long Avenue Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5025613
Type:
Mixed Use, Business Opportunities
Subdivision:
Streator
Lot size:
0.15 Acres
Year built:
1900
Courtesy: Russell Real Estate Services, chad@teamchad.com 440-225-8449
View additional info

RENOVATED INVESTMENT PROPERTY! Thousands upon thousands recently invested into this FOUR unit residential rental/ one commercial storefront space with a full bathroom and kitchenette. All units are updated in LVP wood look floors with newer kitchens/baths/trim doors! Electrical and plumbing updated!

$265,000

900 S Central Drive Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5025334
Type:
Apartment, Business Opportunities
Subdivision:
Central Park
Lot size:
0.65 Acres
Courtesy: Coldwell Banker Schmidt Realty, leilani7b@gmail.com 440-570-9514
View additional info

Look at this wonderful 6 unit Commercial apartment building in Lorain! Fully Occupied! Two units are one bedroom, one baths at $500 and $625. Two units are two bedrooms, one bath both at $725. Two units are three bedrooms, one bath at $960 and $900. All tenants pay their own gas and electric. Owner: water/sewer/trash. Open parking lot available to tenants on property! Close to parks, restaurants, shopping, hospitals, freeway access and more! Contact today for more info!

$75,000

5350 Oberlin Avenue Lorain, OH 44053

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5025138
Type:
Business Opportunities
Subdivision:
Salem Court Condo
Lot size:
0.02 Acres
Year built:
1981
Courtesy: HomeSmart Real Estate Momentum LLC, mikepgolab@gmail.com 440-787-3485
View additional info

Rare Investment Opportunity! Own 3 Business Condos.Unlock the potential of these business condos, tailored for your entrepreneurial goals or income-generating ventures. With a combined space of 1,980 square feet spread across three units (660 sqft per unit), this property promises not just a space, but a canvas for your business vision.Step into this rare chance to secure not one, but three business condos. Whether you're an astute investor or an aspiring entrepreneur, this offering presents a gateway to a thriving commercial landscape. Seize the opportunity for creative seller financing through land trades, heavy machinery, equipment, or seller financing, making this a creative deal unlike any other.Designed for the discerning business owner or investor seeking to make their mark in Lorain's growing commercial hub. This property beckons those with an eye for opportunity and a drive for success.One unit already has a month-to-month lease, providing immediate income potential of $925 for only 1 unit. A new roof installed in fall of 2023. Plus, enjoy the convenience of an HOA including essential services, such as snow, landscaping, dumpster access, and planned enhancements for the future.Don't Delay, Discover Your Business's New Home Today.Embrace the chance to own a part of Oberlin Ave's high visibility landscape. Reach out now to schedule your viewing.

$849,000

422 Broadway Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5023558
Type:
Mixed Use, Business Opportunities
Subdivision:
Chamberlain Edison & Musseys
Lot size:
0.21 Acres
Courtesy: BHHS Lucien Realty, realtorsandyaustin@gmail.com 440-213-3027
View additional info

Looking for a rare opportunity on Broadway, Main Street Lorain, this established and actively operating business boasts a loyal customer base and a proven track record of success, it offers immediate revenue-generating potential. This property enjoys high foot traffic and excellent visibility, ensuring maximum exposure for any business endeavor. Beyond the restaurant and bar, this property offers extra square footage suitable for various purposes. Whether you envision office spaces, luxurious apartments, or an AirBNB venture, the possibilities are endless. A relaxing setting for outdoor dining with the lake just a short stroll down Broadway, or a visit for dinner before a concert at Black River Landing or a show at the Palace Theater. Don't miss out on this exceptional chance to own a prime commercial property on Main Street Lorain with a thriving restaurant and bar, plus the flexibility to capitalize on additional space for offices, apartments, or AirBNB rentals. The second floor is accessed through a separate entrance offering several skylights and original woodwork and doors and offices from years back. So much to see when you schedule to view this amazing property.

$99,900

321 Colorado Avenue Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
4,590
Status:
Active
MLS#:
5019219
Type:
Business Opportunities
Subdivision:
D C Fishers
Lot size:
0.17 Acres
Year built:
1945
Courtesy: Russell Real Estate Services, 4nealdeals@gmail.com 440-315-0686
View additional info

On the Money Map! Choice location of this block constructed commercial building can put you on the money map! Bring your ideas and let your mind wonder. This building is perfectly located directly across from Black River and Harborwalk river front residential development, walking distance to river, Lake Erie, downtown historic Lorain, restaurants, parks, shopping, theater and so much more. Be apart of the action by improving the environment, all while guaranteeing better economic returns, this opportunity is for the savvy developers and investors? Call now!

$500,000

1670 Cooper Foster Park Road W Lorain, OH 44053

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5019240
Type:
Office, Business Opportunities
Subdivision:
Black River Township 2
Lot size:
0.48 Acres
Courtesy: The Swanzer Agency, bill@swanzer.com 440-988-3333
View additional info

This property is an office building originally built as 4 units of about 1000 square feet each. Last used as a doctor's office. One suite is occupied by owner/attorney.

$250,000

2973 G Street Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
2,688
Status:
Active
MLS#:
5018095
Type:
Business Opportunities
Subdivision:
Shaw
Lot size:
0.53 Acres
Year built:
1977
Courtesy: Russell Real Estate Services, stevelawson@superstevesells.com 440-320-9888
View additional info

Check out this opportunity right off of Lake Erie!! Retail Commercial Building conveniently located and accessibleto local highways and neighboring communities. This building is rated for small retail use and was gettingdeveloped to have a deli on one side and another business on the other. The possibilities are endless! The windowsand doors for the 2nd unit are getting installed in the near future or you can purchase before installation and setthe building up however you desire! Other recent updates include a new roof, vinyl fenced in lot, new gas lines andnew electrical. The un-used building supplies stay with the building to help you complete your project. Nice curbappeal add to the intrinsic charm and character of this fine investment. This location may be perfect for a partycenter, coffee shop, bakery, meeting hall, church/worship center, hair salon / barber shop, tattoo parlor, tavern,smoke shop......etc. So many uses from start-up to franchises!! Call today to schedule your private showing!

$175,000

1605 Broadway Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
6,294
Status:
Active
MLS#:
5017168
Type:
Mixed Use, Business Opportunities
Subdivision:
Chamberlains Add 01
Lot size:
0.15 Acres
Courtesy: HomeSmart Real Estate Momentum LLC, mikepgolab@gmail.com 440-787-3485
View additional info

Discover a unique investment opportunity in Lorain with this mixed-use property undergoing renovations adjacent to Gyro House. Boasting a central location near the heart of Lorain, this building promises visibility and accessibility for residents and businesses alike. Spanning 6,294 sqft across two floors, the property features three rental living units upstairs and flexible retail space on the first floor, with city approvals for a restaurant, yet adaptable for various business ventures, such as storage/warehouse. Construction progress includes new framing throughout two residential units on the second floor, with plumbing rough-ins, and new beams, while rezoning allows for mixed-use applications. Positioned near Broadway and downtown, explore the potential of residential leasing options and the ability to convert the first floor into business space or the quickest option of storage, catering to diverse tenant and business needs. Consider the business opportunities, including multifamily units, offices, or simple storage, and secure your stake in Lorain's growth today. Contact the listing agent to explore this dynamic investment potential.

$399,900

1039 Bridge Drive Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5014431
Type:
Industrial, Business Opportunities
Lot size:
1.99 Acres
Year built:
1960
Courtesy: Russell Real Estate Services, tal@premierclevelandinvesting.com 216-870-8687
View additional info

Industrial warehouse (Zoned I-1 per Lorain City Zoning Map) just over 10,000 sq ft on 2 acres with a ton of paved parking and 2 ingress/egress access point doors. It currently has one tenant occupying a small portion of the interior space (~1400 sq ft) paying $1200/month. Since the majority of the interior of the building is empty this would be perfect for an owner user OR a great opportunity as an income producer by getting the additional interior space leased up on stronger NNN leases. There is also an exterior parking space leased to an RV for $80/month. The building has a newer roof and gutters, updated electrical, 2 newer overhead gas furnaces and a new alarm system. Tenant wants to stay and is on a month-to-month lease and the owner currently pays for utilities. The upside here is to implement triple net leases as well as lease out more of the exterior space to trucking companies, campers, RV's etc. and a big opportunity to create outdoor storage spaces to rent out.

$64,800

2310 Elyria Ave Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5013322
Type:
Business Opportunities
Subdivision:
Devonian Mineral Spgs Add
Lot size:
0.13 Acres
Courtesy: The Holton-Wise Property Group, 216-661-6633 Sales@holtonwise.com
View additional info

3,800 sq ft Warehouse with a ton of outdoor storage. Email agent for property overview & video tour along with complete investment analysis, drone footage & information on the mechanical systems of the building. Local & out of state investors welcome!

$399,990

2811 Fulton Rd Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
5012376
Type:
Business Opportunities
Subdivision:
Sheffield Land & Improv C
Lot size:
0.29 Acres
Year built:
1970
Courtesy: RE/MAX Omega, iz_dean@hotmail.com 440-318-5675
View additional info

Great opportunity to own your own business it comes with two store fronts! building can be a gas station as well.pharmacy is a tenant pays $3000 monthly rent and half of the property taxes on the building.the store has updated HVAC and roof.price is for the building plus inventory.

$325,000

1534 E 28th Street Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
7,000
Status:
Active
MLS#:
5009640
Type:
Retail, Business Opportunities
Subdivision:
Sheffield Land & Improv C
Lot size:
0.56 Acres
Year built:
1900
Courtesy: Coldwell Banker Schmidt Realty, majdey.taye@cbschmidtohio.com 440-454-2456
View additional info

Don't Miss This Amazing Opportunity!! Whether you're just a Car Enthusiast or an Experienced Auto/Body Work Mechanic Ready to Venture out on your own, or maybe you just need more space in your existing business here is the place you've been waiting for! This Turn Key Auto Body shop is the Epitome of endless income potential. Whether you're looking to expand your existing business or newly venture into the Automotive Industry, this property has everything you need to Thrive. The Auto body shop includes a Custom Spray/Paint Room, which is Grandfathered in with City, County and EPA. It would be Extremely Difficult or Impossible to have today due to the EPA Standards and Rules in Lorain County. The Painting Room is Insulated, Custom Built and Ventilated for Professional and/or Separate jobs or to complete the final touches on an existing job. This Unique setup also comes with the Paint, Software and Computer System to Accurately mix any paint/color needed for Any Paint job needed! The System has been updated recently to the most up to date Software and Hardware and is connected to the Company to service and refill your supplies when needed, Seller will provide all details and Information to the new Buyer upon request. The Shop also comes with a fully operational Frame Straightening machine to bring further value to the Building and Business along with other Equipment. The Shop includes an office space area and an open floor plan shop area with multiple large Door Entries. The Property is situated on three (3) Parcels if you are thinking about expanding the shop. But the Opportunities don't end there. This Property also features a Large 1-bedroom, 1-Bathroom Apartment over the Shop. This Presents a Unique Advantage, Allowing you to live on-site, ensuring convenience and efficiency in managing your business, or use as a Rental for Extra Income. This Building is Priced to Sell and Ready for You! Includes a Detached Garage Too! Call for questions or a private showing.

$149,000

1801 Elyria Avenue Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
6,258
Status:
Active
MLS#:
5009029
Type:
Office, Business Opportunities
Lot size:
0.46 Acres
Year built:
1998
Courtesy: Century 21 DeAnna Realty, wilmontbaker@gmail.com 440-308-3138
View additional info

Do not miss this opportunity for your new business in this 6258 sq ft facility! Or if you are looking for an office building to expand your current operation. There are 14 office spaces available, an exceptionally expansive work area for numerous employees too, a large breakroom, and lobby. An attached 1 car garage as well as a parking lot for employees and another for your valued customers. A newer roof in excellent shape, and newer hvac system. Make your appointment ASAP!!

$345,000

143 Hamilton Avenue Lorain, OH 44052

Beds:
n/a
Baths:
Sq.Ft.:
2,416
Status:
Active
MLS#:
5007906
Type:
Apartment, Business Opportunities
Lot size:
0.26 Acres
Year built:
1900
Courtesy: Russell Real Estate Services, nikkiharsa@gmail.com 440-240-3444
View additional info

2 apartment buildings share a driveway and parking lot. 7 units total, long term tenants- happy to stay, transferrable leases and deposits. Owner pays electric, water, trash. Coin Laundry onsite, brings an additional $200/month approx. The garage has been rented out for an additional $200/month. This low maintenance investment brings an average of $4200/a month after rents and laundry are counted. Happy tenants want to stay, timely rent checks, clean, background checked.

$250,000

2515 W 21st St Lorain, OH 44053

Beds:
n/a
Baths:
Sq.Ft.:
4,029
Status:
Active
MLS#:
5007327
Type:
Retail, Business Opportunities
Subdivision:
Black River
Lot size:
0.36 Acres
Year built:
1962
Courtesy: EXP Realty, LLC., andrea@theiconicpartners.com 440-554-1960
View additional info

2515 West 21st St in Lorain, OH is a free-standing 4,029 SF retail building strategically located at the corner of Rt. 58 and Rt. 611. This property is ideal for a gym, daycare, salon, office space, community center, yoga studio, and other neighborhood-centric retail services. Recent renovations and upgrades include but are not limited to a newly paved and striped parking lot, interior and exterior paint, a new water heater, and a new roof. Across the street from this property, a 65,000 SF retail shopping center is undergoing its own rejuvenation, creating a mutually advantageous environment. Located just minutes from Lake Erie and Rt. 2, this 4,029 SF building offers excellent visibility and accessibility, making it an appealing opportunity for businesses aiming for a strategic advantage. This property is also available for rent ($3,000/month) and creative financing options are available too.

$800,000

2957 Pearl Avenue Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
1,624
Status:
Active
MLS#:
4505514
Type:
Retail, Business Opportunities
Subdivision:
Sheffield Land Co
Lot size:
0.33 Acres
Year built:
1962
Courtesy: Russell Real Estate Services, Fabian.candelario21@gmail.com (440) 396-8960
View additional info

Roman's Groceries for sale. Business, equipment, building and land for sale. Great business opportunity! Over 30 years in business with a proven successful track record. All equipment included in the sale. This neighborhood General Store has groceries, beer, wine, cigarettes and lottery sales. Beer, wine, tobacco and lottery license available for transfer per the state. Turn-key operation and instantly producing revenue. Prime location in the heart of Lorain City on Pearl Ave with heavy traffic. Owner's will stay with the new buyer to train and consult for a period agreed upon. Financials will be delivered upon request.

$129,500

3105 Grove Avenue Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
5,628
Status:
Active
MLS#:
4499301
Type:
Mixed Use, Business Opportunities
Year built:
1900
Courtesy: Russell Real Estate Services, soldbydina@gmail.com (440) 986-1202
View additional info

$50,000

2910 W 21st Street Lorain, OH 44053

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
4495771
Type:
Business Opportunities
Lot size:
0.28 Acres
Year built:
1961
Courtesy: Coldwell Banker Schmidt Realty, vaf709@cs.com (440) 759-1987
View additional info

Great opportunity to own this drive-up restaurant. Some equipment included and gas service recently added. Plenty of parking on this quarter-acre lot.

$399,000

15071511 Lincoln Boulevard Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
11,000
Status:
Active
MLS#:
4493465
Type:
Office, Business Opportunities
Subdivision:
Sheffield
Lot size:
2.51 Acres
Year built:
1900
Courtesy: Coldwell Banker Schmidt Realty, majdey.taye@cbschmidtohio.com (440) 454-2456
View additional info

Welcome to the expansive commercial property at 1507-1511 Lincoln Blvd in Lorain! This remarkable property stands out with its vast wrap-around parking lot, spans 2 parcels & provides full access from the street to a generous 2.51 acres. The building is a substantial structure, totaling 11,000 sq ft, 5,500 sq ft above ground & an additional 5,500 sq ft below ground, accessible by a full walk-out. Providing a wealth of usable square footage, presenting endless possibilities for the new buyer to envision & customize according to their needs. Situated on a fully paved lot, the property boasts convenience and accessibility, with multiple handicap ramps strategically placed around the entire building, ease of access from both the front & back parking lots. The building's design features three front entrances, offering remarkable flexibility; it can be divided into three individual units or left open, catering to a variety of uses. Inside, the main floor has undergone extensive renovations, with a complete gutting to the studs, and all electrical and plumbing systems upgraded. While the lower level remains untouched, it offers a blank slate for customization, allowing the new owner to tailor the space to their specific needs. This unique property is being offered As-Is, presenting a rare opportunity for someone with a vision to bring it to life. Previously owned by a church, unable to cover renovation costs, are ready to pass the torch. This property serves as an ideal space for a creative mind, offering the potential for various ideas, from medical or office use to other innovative ventures. Whether you're an entrepreneur seeking a prime location for a new business venture or an investor looking to capitalize on the growing area, this property stands as a beacon of opportunity. Seize the chance to turn this location into an extraordinary destination, and don't miss out on the potential for growth and success. Act now & make this property the place for your next venture!!

$350,000

1845 E 28th Street Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
4,412
Status:
Active
MLS#:
4486246
Type:
Mixed Use, Business Opportunities
Lot size:
0.46 Acres
Year built:
1900
Courtesy: BHHS Stouffer Realty, broskoph@StoufferRealty.com (440) 878-1888
View additional info

Discover the ultimate investment opportunity at 1845 East 28th in Lorain, Ohio. This versatile commercial property zoned light industrial, currently being used for an online auction store and formerly an automotive repair and towing facility, presents an endless potential for entrepreneurs seeking a prime location with unique amenities. The existing ventilation system, a crucial component of its former automotive function, remains intact. This feature, along with the pre-existing plumbing for compressed air, offers a distinct advantage for businesses requiring proper ventilation and pneumatic tools. Secure parking, private office, waiting area, and restroom cater to client and staff needs. The loft storage, security monitoring, and potential to keep the U-Haul business enhance its appeal. Centrally located in Lorain, this property boasts high visibility and accessibility. Nearby amenities and major roadways make it an attractive destination for various businesses. Don't miss the chance to transform this space into your business's success story. Schedule a viewing now and seize the opportunity to thrive in this exceptional commercial property. Very motivated seller!

$59,500

W 21st Street Lorain, OH 44053

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
4483789
Type:
Business Opportunities
Subdivision:
Black River 02
Lot size:
1.95 Acres
Courtesy: The Sweda Group, LLC.
View additional info

$99,000

4122 Elyria Avenue Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
4,175
Status:
Active
MLS#:
4482751
Type:
Mixed Use, Business Opportunities
Subdivision:
Broadway Gardens
Lot size:
0.27 Acres
Year built:
1951
Courtesy: BHHS Lucien Realty, BillKnowsRealty@aol.com (440) 984-3266
View additional info

Nicely and Well Maintained Retail Commercial Building conveniently located and accessible to local highways and neighboring communities. Two units occupied by two separate tenants. Front unit has kitchen, restrooms, and three entrances. This unit has a spacious dining hall in addition to the main hall. The Second Unit has one entrance to the side with electrical. Separate utilities service respective units; separate entrances. Newer roof, and nice curb appeal add to the intrinsic charm and character of this fine investment. This location may be perfect for a party center, coffee shop, bakery, meeting hall, church/worship center, hair salon / barber shop, tattoo parlor, tavern, smoke shop; so many uses from start-up to franchises.

$22,350

2343 N Ridge Road E Lorain, OH 44055

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
4481341
Type:
Business Opportunities
Subdivision:
Sheffield Township
Lot size:
0.14 Acres
Courtesy: Russell Real Estate Services, NancyL.Mullins@russellrealty.com (440) 829-5419
View additional info

Did you ever want to be in business for yourself? Commercial corner lot in Sheffield Township zoned General Business. Great traffic areawith other business and elementary school nearby. Terrific location for any small business/food truck, car wash or even an ice creamstand! Especially with a school across the street! Don't miss this opportunity to start your own business!

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