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737 Broadway St 2,900 SF of Office/Retail Space Available in Lorain, OH 44052
HIGHLIGHTS
- Location: Situated in Lorain’s historic and walkable downtown district
- Parking: Private rear parking area
- HVAC: Central air conditioning via two air handlers; gas steam heating system
- Zoning: Business/office use, recent approval for Retail
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,900 SF | Negotiable | $12.40 /SF/YR $1.03 /SF/MO $35,960 /YR $2,997 /MO | Modified Gross |
1st Floor
This newly renovated 2,900 square foot retail or office space in the heart of Lorain offers a rare opportunity for a tenant to shape their ideal environment from the ground up. The build-out remains unfinished, allowing for full creative collaboration with the landlord to design a layout, electrical setup, and overall use that best suits your business needs. All plumbing is brand new, and the space is ready for a custom floor plan. Located near the popular Rockin’ on the River event site, this property benefits from excellent visibility and consistent foot traffic, making it a prime location for a business that wants to engage with the vibrant local culture. Whether you're a retailer, creative studio, or professional office, this space is a perfect canvas for a tenant looking to reflect the spirit of Lorain. Asking rent is $3,000/month, but terms are negotiable depending on the scope and nature of the lease. Don’t miss the chance to build something unique in a growing and energetic community.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Fits 8 - 24 People
- Unfinished Build-Out – collaborate with landlord
- $3,000/month – negotiable based on lease terms
- Ideal for Retail, Studio, or Professional Office
- Excellent exposure to local foot traffic
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 737 BROADWAY ST, LORAIN, OH 44052
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Lorain Arts Council Inc
- Arts, Entertainment, and Recreation
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Lorain Arts Council Inc | Arts, Entertainment, and Recreation | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,900 SF | Year Built | 1946 |
| Property Type | Retail | Parking Ratio | 1.28/1,000 SF |
| Gross Leasable Area | 7,840 SF |
| Total Space Available | 2,900 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,840 SF |
| Year Built | 1946 |
| Parking Ratio | 1.28/1,000 SF |
ABOUT THE PROPERTY
737 Broadway Street in Lorain, Ohio is a two-story commercial building constructed in 1946, notable for its robust and modern design elements for its time. The structure spans approximately 7,840 square feet and is built on a poured concrete foundation with steel floor joists and concrete floors throughout, offering durability and stability. The building is equipped with central air conditioning via two air handlers and a gas steam heating system, reflecting a blend of traditional and industrial utility infrastructure. The layout includes a private rear parking area and sits on a 0.21-acre lot, providing functional space for operations and access. While the second floor shows signs of aging and the roof requires attention due to leaks, the building’s core construction remains solid. It is zoned for business and office use, making it suitable for a variety of commercial applications. Located in Lorain’s historic downtown, the property is part of a walkable district with access to public water and sewer services, contributing to its practicality and long-term usability.
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737 Broadway St
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