For Sale
$79,900

2223 BroadwayLorain, OH 44052

Distressed 3-unit apartment building, cash sale.

Overview

Added:
Dec 11, 2024
Days on market:
115
This unique Lorain, Ohio property presents a compelling investment opportunity for a savvy buyer. Currently configured as a three-unit apartment building housed within a converted warehouse, this property offers significant potential for renovation and increased profitability. Located at 2223 Broadway, Lorain, OH 44052, the 2,760 square foot building sits on a 0.08-acre lot and is zoned X. The building is a two-story Class C structure with three units, each priced at $26,633.33, totaling an asking price of $79,900. The price per square foot is $28.95. The property's history includes a ground-floor restaurant space and a backyard bar/seating area, though it requires a complete rehabilitation. This is a cash sale only

Highlights

  • Three-unit apartment building in Lorain, OH, offering significant renovation potential.
  • Located at 2223 Broadway, Lorain, OH 44052, on a 0.08-acre lot.
  • 2,760 square feet, two-story Class C building, zoned X.
  • Three units, each priced at $26,633.33, totaling an asking price of $79,900.
  • $28.95 price per square foot; cash sale only.

Property Details for 2223 Broadway

Property type
Apartment buildings
Square Feet
2,760 SF
Class
C
Buildings
1
Stories
2
Lot Size (sq. ft)
3,485 SF
Units
3

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4501598
Longitude
-82.1655928
2223 Broadway, Lorain, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2223 Broadway
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message