Commercial Real Estate for Sale at 1404 Long Avenue in Lorain, OH for $415,000

1404 Long Avenue | Lorain

Rare opportunity to own a piece of Lorain\u2019s history! The well-known Urban 19 Building is a beautifully maintained and updated mixed-use brick property offering strong income potential and timeless character. This solid investment features four spacious 1-bedroom apartments and one studio apartment, all currently occupied. One of the 1-bedroom units is conveniently located on the ground floor, adding accessibility and versatility to the layout. Each apartment has been thoughtfully updated, blending modern comfort with the charm and craftsmanship of this historic building. Four of the five units feature luxury vinyl plank flooring and have newer heating systems, providing efficient comfort and low-maintenance living for tenants. The property also includes spacious common areas with wide hallways and large stairways that create an open, welcoming atmosphere for residents and guests alike. The street-level storefront offers high visibility, perfect a caf\u00E9, office, or creative studio. Currently vacant, the storefront presents an excellent opportunity for an owner-occupant business or an investor looking to boost income potential. Major updates include a newer Flintlastic SA roof (2022) and six new hot water heaters, ensuring reliability and peace of mind for years to come. Located just minutes from Black River Landing and Lake Erie, this property offers convenient access to Lorain\u2019s growing downtown, waterfront events, and recreation. With its desirable location, durable brick construction, and reputation as one of Lorain\u2019s most recognizable landmarks, the Urban 19 Building presents a rare chance to own a well-known piece of the city\u2019s history while securing a strong, income-producing investment. Don\u2019t miss this unique opportunity\u2014schedule your private showing today! MLSNow 5171010

Directions to property: West off Broadway on corner of 14th Street and Long Ave