For Sale
$79,900

23Rd St Lorain, OH 44052

0.466-acre corner lot, high growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
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

FAQs

What type of property is this?
Land - 0.466-acre corner lot, high growth potential.
Where is the land located?
The property is located at 23Rd St Lorain, OH.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: $79,900 asking price for a 0.466-acre land parcel.; B-2 zoning.; Located at Broadway & E 23rd Street, Lorain, OH 44052.
How can I contact the broker?
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0 23Rd St
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