Be part of the continued revitalization of Downtown Lorain with this exceptional opportunity on the highly desirable 400 Block of Broadway. This former restaurant space is ready for its next visionary owner to reimagine and bring new energy whether culinary, retail, office, or mixed-use to the heart of the city. The first level offers flexible layout options and can be divided to accommodate multiple business concepts or tenants. The second level presents additional income or operational potential, ideal for office space, apartments, meeting rooms, conference space, or creative studios. Located in a prime downtown corridor with strong foot traffic, the property offers ample on-street and off-street parking for convenience. Just minutes from Lake Erie, the hotel, and Black River Landing, this location benefits from year-round community events, waterfront attractions, and continued investment in the downtown district. An incredible opportunity to establish your business in one of Lorain’s most exciting growth areas.
Details
MLS #
5187619
Listing Type
For Sale
Style
Mixeduse
Sub-Type
Resale
Status
Active
Year
1900
Days On Site
205
Listing Provided By
RE/MAX Above & Beyond | Jacqueline A Jakacki
Features
SQ Feet
11,062
Basement
Y
Building(s)
1
Zoning
Commercial
Acreage
0.21
Parking
Garage Yes / No
Yes
Parking Features
Built In, Outside, Garage Faces Side, On Street
Taxes
Tax Annual Amount
7102
Area Information
State
OH
County
Lorain
City
Lorain
Zip Code
44052
Listing VS Median (in 44052)
Price: $325,000
low | high
Med: $170,000
97.692307692308% of Average
sqft: 11,062
low | high
Med: 1,400
100% of Average
$ / sqft: $29
low | high
Med: $121
100% of Average
On site: 205
low | high
Med: 33
100% of Average
Sourced by Back At You
Market Activity 44052
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 4
Avg $ Per SqFt: $53.23
Min Sale Price: $60,000
Max Sale Price: $108,000
Med Sale Price: $88,000
Date: Jul 2026
Sales: 13
Avg $ Per SqFt: $113.18
Min Sale Price: $60,000
Max Sale Price: $221,500
Med Sale Price: $179,900
Date: Jun 2026
Sales: 25
Avg $ Per SqFt: $97.27
Min Sale Price: $35,000
Max Sale Price: $425,000
Med Sale Price: $153,000
Date: May 2026
Sales: 19
Avg $ Per SqFt: $116.91
Min Sale Price: $70,000
Max Sale Price: $630,000
Med Sale Price: $184,191
Date: Apr 2026
Sales: 20
Avg $ Per SqFt: $119.56
Min Sale Price: $40,000
Max Sale Price: $325,000
Med Sale Price: $180,000
Date: Mar 2026
Sales: 17
Avg $ Per SqFt: $102.75
Min Sale Price: $75,000
Max Sale Price: $245,000
Med Sale Price: $150,000
Date: Feb 2026
Sales: 15
Avg $ Per SqFt: $94.4
Min Sale Price: $55,000
Max Sale Price: $345,000
Med Sale Price: $159,000
Date: Jan 2026
Sales: 12
Avg $ Per SqFt: $93.75
Min Sale Price: $79,000
Max Sale Price: $240,000
Med Sale Price: $133,000
Date: Dec 2025
Sales: 10
Avg $ Per SqFt: $110.79
Min Sale Price: $31,000
Max Sale Price: $315,000
Med Sale Price: $164,000
Date: Nov 2025
Sales: 32
Avg $ Per SqFt: $96.3
Min Sale Price: $46,500
Max Sale Price: $675,000
Med Sale Price: $164,500
Date: Oct 2025
Sales: 38
Avg $ Per SqFt: $102.46
Min Sale Price: $10,000
Max Sale Price: $525,000
Med Sale Price: $150,650
Date: Sep 2025
Sales: 15
Avg $ Per SqFt: $93.79
Min Sale Price: $799
Max Sale Price: $299,900
Med Sale Price: $122,900
Sourced by Back At You
Aug 2026
Sales:
4
Avg $ Per SqFt:
$53.23
Min Sale Price:
$60,000
Max Sale Price:
$108,000
Med Sale Price:
$88,000
Jul 2026
Sales:
13
Avg $ Per SqFt:
$113.18
Min Sale Price:
$60,000
Max Sale Price:
$221,500
Med Sale Price:
$179,900
Jun 2026
Sales:
25
Avg $ Per SqFt:
$97.27
Min Sale Price:
$35,000
Max Sale Price:
$425,000
Med Sale Price:
$153,000
May 2026
Sales:
19
Avg $ Per SqFt:
$116.91
Min Sale Price:
$70,000
Max Sale Price:
$630,000
Med Sale Price:
$184,191
Apr 2026
Sales:
20
Avg $ Per SqFt:
$119.56
Min Sale Price:
$40,000
Max Sale Price:
$325,000
Med Sale Price:
$180,000
Mar 2026
Sales:
17
Avg $ Per SqFt:
$102.75
Min Sale Price:
$75,000
Max Sale Price:
$245,000
Med Sale Price:
$150,000
Feb 2026
Sales:
15
Avg $ Per SqFt:
$94.4
Min Sale Price:
$55,000
Max Sale Price:
$345,000
Med Sale Price:
$159,000
Jan 2026
Sales:
12
Avg $ Per SqFt:
$93.75
Min Sale Price:
$79,000
Max Sale Price:
$240,000
Med Sale Price:
$133,000
Dec 2025
Sales:
10
Avg $ Per SqFt:
$110.79
Min Sale Price:
$31,000
Max Sale Price:
$315,000
Med Sale Price:
$164,000
Nov 2025
Sales:
32
Avg $ Per SqFt:
$96.3
Min Sale Price:
$46,500
Max Sale Price:
$675,000
Med Sale Price:
$164,500
Oct 2025
Sales:
38
Avg $ Per SqFt:
$102.46
Min Sale Price:
$10,000
Max Sale Price:
$525,000
Med Sale Price:
$150,650
Sep 2025
Sales:
15
Avg $ Per SqFt:
$93.79
Min Sale Price:
$799
Max Sale Price:
$299,900
Med Sale Price:
$122,900
MLS Number: 5187619
Jacqueline A Jakacki – (216) 375-1158 – jacki@your2020group.com
The information is being provided by MLS Now Independence OH. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MLS Now Independence OH. All Rights Reserved.
MLS Number: 5187619
Jacqueline A Jakacki – (216) 375-1158 – jacki@your2020group.com
© 2023 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Dayton Ohio MLS (DTON) - 48 - OH are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.