1507-1511 Lincoln BLVD Pending Save Request In-Person Tour Request Virtual Tour
Lorain,OH 44055
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
Square Footage 11,000 sqft
Price per Sqft $21
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
Parking Features Driveway,On Site,Outside,Paved
Fence Other
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Flat
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