668 Broadway, Lorain, OH for sale

Investment Overview

This is a 2-unit hard corner on Broadway & 7th Street in the middle of downtown Lorain mixed use building that is fully leased on short-term leases. Perfect for an owner user retail group on the first floor or continue to lease out. The first floor has wonderful glass windows, open retail, back stock area, and restrooms. The second floor is leased to a premier audio, video, and live streaming production facility and has built out offices. The property is in an opportunity zone. The city is investing heavily in creating the infrastructure, waterfront amenities, events, and housing that could allow downtown to become much more valuable. The goal is to connect the waterfront to the walkable Broadway. Lorain is 45 minutes West of Cleveland on Lake Erie where the Black River meets the Lake. Close to everything downtown has to offer including, Palace Theater, Rockin’ On The River, Ariel Broadway Hotel, Lorain Harbor, restaurants, coffee shops, personal services, and professional office. Making the future of downtown Lorain a vibrant mixed use corridor.

Investment Highlights

• Retail: 1st Floor
• Artist Studio Offices: 2nd floor
• Street: Parking
• Downtown Lorain on a hard corner :Location
• Opportunity Zone: Location
• Fully Leased