Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Outside, Garage Faces Side, On Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.21

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $325,000

  • Tax Amount

    $7,102

  • Zoning

    Commercial

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Lorain CSD - 4709

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Lorain

Elementary School

Lorain CSD - 4709

Middle School

High School

Listing Courtesy of Jacqueline A Jakacki , RE/MAX Above & Beyond

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Be part of the continued revitalization of Downtown Lorain with this exceptional opportunity on the highly desirable 400 Block of Broadway.

This former restaurant space is ready for its next visionary owner to reimagine and bring new energy — whether culinary, retail, office, or mixed-use — to the heart of the city. The first level offers flexible layout options and can be divided to accommodate multiple business concepts or tenants.

The second level presents additional income or operational potential, ideal for office space, apartments, meeting rooms, conference space, or creative studios.

Located in a prime downtown corridor with strong foot traffic, the property offers ample on-street and off-street parking for convenience. Just minutes from Lake Erie, the hotel, and Black River Landing, this location benefits from year-round community events, waterfront attractions, and continued investment in the downtown district.

An incredible opportunity to establish your business in one of Lorain’s most exciting growth areas.

422 Broadway Avenue

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Related Properties

Price reduced
Exceptional Mixed-Use Commercial Opportunity on High-Traffic Corner Lot
Unlock incredible potential with this versatile, fully vacant commercial mixed-use property—formerly a bar and grill—offering outstanding visibility, flexibility, and income possibilities. Situated on a prominent corner lot in an area experiencing active redevelopment, this property is ideal for an owner-occupant, investor, or portfolio expansion.  Inside the property is rough wired, framed and a newer HVAC system.

Commercial Building Features:
• High-traffic location with excellent frontage and visibility
• Former restaurant layout with multiple entrances—perfect for subdividing into separate retail or office units
• Additional rooms ideal for storage, expansion, or reconfiguration
• Full basement with interior access
• Flexible floor plan providing a true blank canvas for your business vision

Residential Home Included:
• Charming attached Cape Cod–style home
• 3 bedrooms, 1.5 baths
• Inviting front porch
• Perfect for an owner-occupant, on-site manager, or additional rental income stream

Additional Property Highlights:
• Large parking lot, partially fenced
• Detached vinyl-sided 3-car garage
• Entire property delivered vacant and ready for immediate occupancy, leasing, or renovation
This is a rare chance to shape a multi-use property in a rapidly improving area. Whether you’re seeking a strategic business location, a value-add investment, or a hybrid live/work setup, this property checks all the boxes.
No liquor license included. Serious, qualified buyers only. No wholesalers.
#5190203

Lorain

1755 Oberlin Avenue

None Beds

None Baths

3,588 Sq.Ft.

$299,000

MLS#: 5190203

 - property

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