422 BroadwayLorain, OH 44052

This exceptional three-story mixed-use building, located at 422 Broadway in historic downtown Lorain, Ohio, presents a unique investment opportunity. Boasting 11,062 square feet on a 0.21-acre lot, the property is ideally positioned to capitalize on the city's growth trajectory. Currently configured as a restaurant and bar, the versatile floor plan offers significant potential for diverse uses. The first floor is designed for a fine dining and bar experience, while a separate second-floor entrance provides a private entertainment area featuring skylights and original hardwood floors. The third floor is well-suited for luxury apartments or a spacious owner's suite. The building's exterior creates a unique setting for outdoor dining, enhancing its appeal. Its prime location offers easy access to Lake Erie, Black River Landing, the Palace Theater, parks, and shopping, providing significant foot traffic and visibility. This property represents a chance to acquire a substantial commercial building with a rich history and a bright future, offering a blend of established business potential and exciting redevelopment possibilities. The asking price is $470,000. Don't miss this chance to secure a piece of Lorain's vibrant downtown.