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1700 E 31st St
Lorain, OH 44055
 Retail Property For Sale

Retail Spaces Ohio Lorain 1700 E 31st St, Lorain, OH 44055

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Executive Summary

Ongoing retail Spanish style carry out restaurant with a full basement below on the 1st floor operating month to month. Upstairs is a 4 bedroom, 1 bath apartment with new electric baseboard heat, balcony. Big corner lot, partial fenced area & garage.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,096 SF
Building Class
C
Year Built
1910
Price
$160,000
Price Per SF
$51.68
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.22 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
5 Spaces (1.61 Spaces per 1,000 SF Leased)
Frontage
32’ on 31st St

Amenities

  • Signage

Property Taxes

Parcel Number 03-00-096-111-001 Improvements Assessment $36,334
Land Assessment $5,292 Total Assessment $41,626

Property Taxes

Parcel Number
03-00-096-111-001
Land Assessment
$5,292
Improvements Assessment
$36,334
Total Assessment
$41,626
 

  • Listing ID: 40279076

  • Date on Market: 4/24/2026

  • Last Updated:

  • Address: 1700 E 31st St, Lorain, OH 44055

The Retail Property at 1700 E 31st St, Lorain, OH 44055 is currently available for Sale. Contact Howard Hanna Real Estate Services for more information.

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