1319 W Erie Avenue , Lorain, OH 44052 - $197,500
- Beds: 0
- Baths:
- Sq. Feet: 0
- Days on Site: n/a
Comments for 1319 W Erie Avenue , Lorain, OH 44052
Exceptional opportunity to transform this versatile commercial property into your next successful venture. Whether you're envisioning retail, office, studio, service business, or another permitted commercial use, this building offers endless possibilities to bring your vision to life. The second floor features a roughed-in apartment, providing the potential for owner-occupancy, additional rental income, or expanded workspace (buyer to verify all zoning and permitted uses). With ample space to reimagine and customize, this property is ideal for investors, entrepreneurs, or business owners looking to create something unique. Being sold as-is. Don't miss this chance to unlock the property's full potential.
$197,500
Estimated Monthly Payment: $497.15 (including taxes & insurance estimates)
Edit mortgage details for a more accurate paymentProperty Details
| City: Lorain | Property Type: Commercial - Business | |
| Subdivision: Brownells Add 01 | Lot Size: 0.37 Acres | |
| School District: Lorain City | Taxes: $0 | |
| Status: Active | Year Built: 1920 | |
| MLS#: 5231322 |
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| Property Type: Commercial - Business | Parcel#: 02-02-026-105-003 | |
| Basement: Partial | Parking: Parking Lot | |
| Basement: Yes | Roof Type: Asphalt | |
| Building Features: Private Restrooms | Sewer: Public Sewer | |
| Cooling: Central Air | Taxes: $0 | |
| Heating: Forced Air, Gas | Water: Public | |
| Lot Size: 0.37 Acres | Year Built: 1920 |
School Information
| School District: Lorain City |
Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: afrederick1018@gmail.com, 440-537-4686
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
Lorain County Demographic Information
| Fips |
| Fips Code39093 |
| Population |
| 2020 to 2025 Changeup 3.3% |
| 2010 Count301,356 |
| 2020 Count312,964 |
| 2025 Estimate (V2025)323,219 |
| 2020 Estimate (V2025)312,956 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1721.1% |
| 18 to 6453.0% |
| 65 and Older20.7% |
| Gender |
| Male49.6% |
| Female50.4% |
| Place of Birth |
| Foreign3.1% |
| US96.9% |
| Education |
| High School Graduate, Age 25+91.8% |
| Bachelor's Degree or Higher, Age 25+28.5% |
| Computer and Internet use |
| Households with a computer94.8% |
| Households with a broadband Internet subscription88.9% |
| Language |
| English is Second Language, Age 5+7.8% |
| English is First Language, Age 5+92.2% |
| Veterans |
| Veterans18,512 |
| Income |
| Per Capita Income$40,798 |
| Median Household Income$73,347 |
| People in Poverty10.8% |
| Commute |
| Average Work Commute Time26 minutes |
| Housing |
| Total Housing Units136,666 |
| Households127,544 |
| Average Household Size2.42 |
| Owner-Occupied74.0% |
| Multi-Family17.0% |
| Owner-Occupied Median Value$223,200 |
| Median selected monthly owner costs -with a mortgage$1,525 |
| Median selected monthly owner costs -without a mortgage$629 |
| Median gross rent$966 |
| Building Permits |
| New Private Housing Issued 20241,331 |
| Years at Residence |
| 1 Year or More90.9% |
| Less Than 1 Year9.1% |
| Business and Employment |
| Private non-farm Establishments5,664 |
| Private non-farm Employment89,159 |
| Private non-farm Employment Growth0.0% |
| Nonemployer Establishments21,949 |
| Number of Firms4,759 |
| Business Production |
| Value of Shipments$6,058,884,000 |
| Wholesale Trade$2,315,415,000 |
| Retail Trade$3,875,576,000 |
| Retail Sales Per Capita$12,297 |
| Accommodation and Food Services$444,363,000 |
| Land |
| Land Area491.10 sq. miles |
| Population Per Square Mile614 |