Homes for sale - 1507-1511 Lincoln BLVD, Lorain, OH 44055

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Todd Berrien

todd@archwaygroupoh.com +1(614) 477-3077

$290,000

Est. payment - /mo

11,000 SqFt

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UPDATED:

11/07/2024 02:42 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $26

Subdivision Sheffield

MLS Listing ID 4493465

HOA Y/N No

Abv Grd Liv Area 11,000

Year Built 1900

Annual Tax Amount $577

Lot Size 2.510 Acres

Acres 2.51

Property Description

Welcome to the expansive commercial property at 1507-1511 Lincoln Blvd in Lorain! This remarkable property stands out with its vast wrap-around parking lot, spans 2 parcels & provides full access from the street to a generous 2.51 acres. The building is a substantial structure, totaling 11,000 sq ft, 5,500 sq ft above ground & an additional 5,500 sq ft below ground, accessible by a full walk-out. Providing a wealth of usable square footage, presenting endless possibilities for the new buyer to envision & customize according to their needs. Situated on a fully paved lot, the property boasts convenience and accessibility, with multiple handicap ramps strategically placed around the entire building, ease of access from both the front & back parking lots. The building's design features three front entrances, offering remarkable flexibility; it can be divided into three individual units or left open, catering to a variety of uses. Inside, the main floor has undergone extensive renovations, with a complete gutting to the studs, and all electrical and plumbing systems upgraded. While the lower level remains untouched, it offers a blank slate for customization, allowing the new owner to tailor the space to their specific needs. This unique property is being offered As-Is, presenting a rare opportunity for someone with a vision to bring it to life. Previously owned by a church, unable to cover renovation costs, are ready to pass the torch. This property serves as an ideal space for a creative mind, offering the potential for various ideas, from medical or office use to other innovative ventures. Whether you're an entrepreneur seeking a prime location for a new business venture or an investor looking to capitalize on the growing area, this property stands as a beacon of opportunity. Seize the chance to turn this location into an extraordinary destination, and don't miss out on the potential for growth and success. Act now & make this property the place for your next venture!!

Location

State OH

County Lorain

Rooms

Basement Common Basement, Full, Partially Finished, Unfinished, Walk-Out Access

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Garage Driveway, On Site, Outside, Paved

Fence Other

Water Access Desc Public

Roof Type Asphalt,Fiberglass,Flat

Parking Type Driveway, On Site, Outside, Paved

Total Parking Spaces 100

Building

Story 1

Sewer Public Sewer

Water Public

Schools

School District Clearview Lsd - 4704

Others

Tax ID 03-00-112-102-020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Majdey Taye • Coldwell Banker Schmidt Realty • majdey.taye@cbschmidtohio.com (440) 454-2456

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Todd Berrien

+1(614) 477-3077

Owner | License ID: 2013002395

Owner License ID: 2013002395

1507-1511 Lincoln BLVD Lorain, OH 44055

Todd Berrien

Todd Berrien

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1507-1511 Lincoln BLVD