731 Broadway Street, lorain, OH, 44052

731 Broadway Street lorain, OH 44052

731 Broadway Street, lorain, OH, 44052
731 Broadway Street, lorain, OH, 44052 731 Broadway Street, lorain, OH, 44052 731 Broadway Street, lorain, OH, 44052 731 Broadway Street, lorain, OH, 44052 731 Broadway Street, lorain, OH, 44052 731 Broadway Street, lorain, OH, 44052 731 Broadway Street, lorain, OH, 44052 731 Broadway Street, lorain, OH, 44052 731 Broadway Street, lorain, OH, 44052 731 Broadway Street, lorain, OH, 44052
FOR SALE
Property Type:
Street Retail
Amount:
$189,900
Last Verified:
Nov 03, 2024

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Description

Unlock the potential of this versatile retail or office space, strategically located in the vibrant heart of Downtown Lorain.
This property offers a spacious storefront/showroom with a modern, updated façade that makes an excellent first
impression. The interior boasts fresh paint & new LED lighting throughout, creating a clean and welcoming environment.
Features include: Large Storefront/Showroom: Perfect for showcasing products or serving as a dynamic office space.
Sizable Back Room: Ideal for use as an office, storage, or additional workspace. Two Restrooms: Conveniently situated for
both staff and customer use with updated fixtures. Central Air and Gas Heat: Ensuring year-round comfort for your
business operations. Rear Parking Lot: Accommodates approximately 20 vehicles, providing ample parking for employees
and clients, with additional street parking out front. Prime Location: Situated in Downtown Lorain, offering high visibility
and accessibility. This well-maintained property combines functionality with an appealing, updated aesthetic, making it a
prime choice for businesses looking to thrive in a bustling downtown setting. Don't miss out on this exceptional
opportunity!

Downtown Lorain on the East Side of Broadway West of E 8th.

Building Size: 2375sq ft
Lot Size: 0.11 acres


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Map of 731 Broadway Street, lorain, OH, 44052

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.