Commercial Real Estate for Sale at 1507-1511 Lincoln Boulevard in Lorain, OH for $200,000

1507-1511 Lincoln Boulevard | Lorain

$200,000 | 0.0 Sq. Ft.

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 \u0026 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 \u0026 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 \u0026 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 \u0026 back parking lots. The building\u0027s 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\u0027re 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\u0027t miss out on the potential for growth and success. Act now \u0026 make this property the place for your next venture!! MLSNow 5099014

Directions to property: State Route 57 North to North Ridge Road to Elyria Avenue to Lincoln Boulevard

MLS Listing ID: 
MLSNow 5099014
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$200,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Office
Primary Market Area: 
Lorain
Address: 
1507-1511 Lincoln Boulevard, Lorain, OH 44055
County: 
Lorain
Latitude: 
41.4235740
Longitude: 
-82.1475720
Directions: 
State Route 57 North to North Ridge Road to Elyria Avenue to Lincoln Boulevard
Public Remarks: 
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 \u0026 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 \u0026 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 \u0026 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 \u0026 back parking lots. The building\u0027s 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\u0027re 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\u0027t miss out on the potential for growth and success. Act now \u0026 make this property the place for your next venture!!
Community Information
School District: 
Clearview LSD - 4704
Subdivision: 
Sheffield
Building Details
Details about the building on a property.
Year Built: 
1900
Living Area: 
0.0
Basement: 
Common Basement,Full,Partially Finished,Unfinished,Walk-Out Access
Construction
Roof: 
Asphalt,Fiberglass,Flat
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
2.51
Lot Size (Area): 
2.51
Lot Features
Parking Type: 
Driveway,On Site,Outside,Paved
Total Parking Spaces: 
100
Fence: 
Other
Public Record
Parcel Number: 
03-00-112-102-020
Annual Tax: 
$577.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Majdey Taye
Listing Office Name: 
RE/MAX Transitions

Request More Information