For Sale
$79,900

0 23Rd StLorain, OH 44052

0.466-acre corner lot, high growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 0.466-acre commercial lot, located at the corner of Broadway and E 23rd Street in Lorain, Ohio (zip code 44052), presents a unique investment opportunity. The property, encompassing APN numbers 0201003174007, 0201003174008, 0201003174009, 0201003174010, and 0201003174006, is zoned B-2, allowing for a variety of commercial uses. Currently generating income through a billboard lease and providing employee parking for a nearby business, this property offers immediate return on investment. Its strategic location near shopping and the downtown area ensures high visibility and accessibility. The asking price is $79,900, representing a rare combination of price and location in a promising Lorain market. This property's potential for future growth is significant, making it an attractive addition to any commercial real estate portfolio. The convenient location, existing income stream, and B-2 zoning combine to create a compelling investment opportunity with substantial upside. Don't miss this chance to acquire a prime piece of Lorain real estate.

Highlights

  • $79,900 asking price for a 0.466-acre land parcel.
  • B-2 zoning.
  • Located at Broadway & E 23rd Street, Lorain, OH 44052.
  • APN: 0201003174007, 0201003174008, 0201003174009, 0201003174010, 0201003174006.
  • Currently generating income via billboard lease and employee parking agreements.

Property Details for 0 23Rd St

Property type
Land
Lot Size (sq. ft)
20,299 SF

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4636771
Longitude
-82.1604849
23Rd St, Lorain, Ohio

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0 23Rd St
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