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1319 W Erie Ave
Lorain, OH 44052
Office Property For Sale
Executive Summary
Exceptional opportunity to transform this versatile commercial property into your next successful venture. Whether you're envisioning retail, office, studio, service business, or another permitted commercial use, this building offers endless possibilities to bring your vision to life. The second floor features a roughed-in apartment, providing the potential for owner-occupancy, additional rental income, or expanded workspace (buyer to verify all zoning and permitted uses). With ample space to reimagine and customize, this property is ideal for investors, entrepreneurs, or business owners looking to create something unique. Being sold as-is. Don't miss this chance to unlock the property's full potential.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
1,200 SF
Building Class
C
Year Built
1981
Price
$197,500
Price Per SF
$164.58
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,200 SF
Building FAR
0.07
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
Commercial
Property Taxes
| Parcel Number | 02-02-026-105-003 | Improvements Assessment | $189,450 |
| Land Assessment | $24,180 | Total Assessment | $213,630 |
Property Taxes
Parcel Number
02-02-026-105-003
Land Assessment
$24,180
Improvements Assessment
$189,450
Total Assessment
$213,630
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