Address
520 Broadway, Lorain, OH
Price
$ 799,900
Property Attributes
- MLS#5202333
- TypeSingle Family
- Listing Status Active
- CountyLorain
- CityLorain
- Zip44052
- Style
- Year Built1920
- Taxes$ 9585
- Price$ 799,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.14 Acres
Data Source:
MLSNow
Property Description
Established & exceptionally well-maintained 3-story professional office building in a prime downtown location at the center of the city’s revitalization & entertainment district! Long-term owner-occupied w/pride of ownership evident throughout, prestigious approximately 15,000 sq ft building per owner is nearly fully occupied w/only approximately 500 sq ft currently available. Positioned on a highly visible, busy street just steps from the Port Authority plus within walking distance to the lake, property offers unmatched accessibility & exposure in the heart of downtown activity & city celebrations. Surrounded by ongoing redevelopment and upscale entertainment venues, the location simply cannot be duplicated. Building features a beautiful exterior, excellent street-front signage visibility, elevator access w/ability to lock off individual floors, two stairwells, full basement for additional utility/storage. Lobby has been tastefully upgraded w/tile accents, creating a professional & inviting first impression. Each floor includes two restrooms, and the spacious office suites offer flexibility for a variety of business uses. Current occupants include established attorneys, insurance professionals, & property management. Upper two floors offer flexible occupancy options for potential owner-users or investors, while the first floor remains leased w/stable tenancy in place. Additional improvements include a newer roof, updated air conditioning systems, elevator updates, & abundant windows providing excellent natural light throughout. Access to the newly beautified rear alley further enhances convenience and appeal. Exceptional opportunity for investors, owner-users, or those seeking a prestigious downtown presence w/endless possibilities for future growth & subdivision potential.
| Price History | |
|---|---|
| 5/15/2026 | Listed $799,900 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | ForcedAir,Gas |
| Cooling | CentralAir |
| Possession | Negotiable |
| Roof | Asphalt,Fiberglass |
| Year Built | 1920 |
| Township | Lorain |
| Property Subtype | Office |
| Tax Year | 2025 |
| Current Use | Office |
| Business Type | Commercial |
| County | Lorain |
| Property Type | CommercialSale |
| Attached Garage | false |
| Building Features | Elevators,PrivateRestrooms,Storage |
| Status | Active |
| Directions | off broadway |
| ModificationTimestamp | 2026-05-15T20:43:30.970-00:00 |
| City | Lorain |
| High School District | Lorain CSD - 4709 |
| Lot Size Units | Acres |
| Tax Annual Amount | 9585 |
| Building Area Units | SquareFeet |
| Living Area Units | SquareFeet |
| Standard Status | Active |
| Middle/Junior School District | Lorain CSD - 4709 |
| Elementary School District | Lorain CSD - 4709 |
| Year Built Source | PublicRecords |
| Property Sub Type Additional | Office |
| PostalCity | LORAIN |
Interior Features
| Basement | Full,Unfinished |
|---|---|
| Basement (Y/N) | true |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Parking Features | OffStreet |
|---|---|
| Water Source | Public |
| Total Parking | 10 |
| Lot Size Area | 0.14 |
| Foundation Details | Basement |
| Number of Buildings | 1 |
| Building Area Total | 15000 |
| Lot Size Acres | 0.14 |
| Lot Size Source | PublicRecords |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 44052
Price
Taxes
Year Built
West Penn MLS, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© MLS Now, INC - Northern Ohio Regional Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective
Flint Hills MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
