Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1919
Sq.Footage
N/A
Beautifully maintained and thoughtfully updated mixed-use brick property offering strong income potential and timeless character. This solid investment features four spacious one-bedroom apartments and one studio apartment, all currently occupied, providing immediate and consistent rental income. The ground level includes a large, highly visible storefront along with an additional one-bedroom unit, creating excellent flexibility for retail, office, or service use. The second floor offers three one-bedroom apartments and one studio, each thoughtfully updated to blend modern comfort while preserving the building’s original charm. The lower level provides convenient laundry facilities and additional storage for tenants. Positioned on a busy corner, the street-level storefront benefits from exceptional visibility and strong exposure, offering endless potential for a variety of businesses. Major improvements include renovations to all residential units, two new baseboard heating units (2025), six new hot water tanks and two new wall furnaces (2024), brick tuckpointing (2024), and a new roof (2022). Ideally located just minutes from Black River Landing and Lake Erie, the property offers convenient access to waterfront events, dining, and recreation. A rare opportunity to own a well-maintained mixed-use property in a high-visibility location with established rental income. Schedule your private showing today.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Baseboard, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$360,000
-
Tax Amount
$1,873
-
Zoning
Commercial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Lorain CSD - 4709
-
Middle School
N/A
-
High School
N/A
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Location
County
Lorain
Elementary School
Lorain CSD - 4709
Middle School
High School
Listing Courtesy of Joe Vaccaro , EXP Realty, LLC.
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AGENT
Austin Lape
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