Improved Commercial Land for Sale in Lorain, Ohio

1507 Lincoln Blvd Lorain, OH 44055

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$235,000
2.51 acres
pending saleUnder contract

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!!

11,000
Sq feet
1900
Built

Directions

State Route 57 North to North Ridge Road to Elyria Avenue to Lincoln Boulevard

Location

Street Address
1507 Lincoln Blvd, # 1511
Community
Sheffield
School District
Clearview LSD - 4704
Elevation
715 feet
Coordinates
41.4238, -82.1479

Property details

MLS Number
NEOHREX 4493465
Date Posted

Property taxes

Recent
$577

Parcels

  • 03-00-112-102-020

This 2.51-acre property is located at 1507 Lincoln Blvd # 1511 in Lorain, OH 44055 with latitude 41.4238 and longitude -82.1479. The property is currently pending sale for $235,000. It has a 11,000 sq ft structure built in 1900. Listing data is sourced from MLS Now # 4493465.

Verify sale details at the property source or contact Coldwell Banker Schmidt Realty at (440) 572-0220.

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Updated . Checked 53 mins ago. Parcel data by Regrid.

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