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Broadway Ave
Lorain, OH 44052
Land For Sale · 0.07 AC

Executive Summary

This commercial land parcel presents a unique opportunity in the historic district of Downtown Lorain. Featuring 75 feet of frontage along Broadway Avenue and a level lot with paved streets, sidewalks, and access to all public utilities, the site is fully equipped for redevelopment. The central location offers proximity to the Black River Landing, cultural landmarks, and Lake Erie, attracting significant local traffic and tourism. Its accessibility via major thoroughfares ensures convenience for future tenants or customers.
Situated near restaurants, retail shops, and entertainment venues like the Palace Theater, this property’s corner position enhances visibility and business potential. With infrastructure such as storm drains and lighting in place, the development process is streamlined. Whether envisioned as a retail hub, mixed-use development, or specialized commercial project, this land combines connectivity, visibility, and a walkable neighborhood setting.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 0.07 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $120,000
Price Per AC $1,714,285.71
Lot Size 0.07 AC

The property is a commercial vacant land parcel in Lorain County, located on Broadway Avenue between East 8th Street and surrounding Downtown Lorain’s historic district. The site measures approximately 75 x 134 feet for a total area of 0.07 acres.

Description

The property is a commercial vacant land parcel in Lorain County, located on Broadway Avenue between East 8th Street and surrounding Downtown Lorain’s historic district. The site measures approximately 75 x 134 feet for a total area of 0.07 acres. It offers city utilities including public water and sewer, with paved access and sidewalks. The location is adjacent to retail and entertainment amenities and within walking distance to the Black River and Lake Erie waterfront areas.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 02-01-004-107-034
  • 02-01-004-107-033
  • 02-01-004-107-026
Land Assessment
$4,197
Improvements Assessment
$0
Total Assessment
$4,197
  • Listing ID: 41192400

  • Date on Market: 7/7/2026

  • Last Updated:

  • Address: Broadway Ave, Lorain, OH 44052

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