1507-1511 Lincoln BLVD Pending

Lorain,OH 44055

$ 235000

- Bed

- Bath

11000 SqFt


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

View More
Favorite Go Tour