1507-1511 Lincoln Boulevard

1507-1511 Lincoln Boulevard, Lorain, OH

$399,000

Price

11,000 sqft

Building Size

2.51 acres

Lot Area

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Street
Map
Overview
Building Size
11,000 sqft
Lot Area
2.51 acres
Year Built
1900
MlsNumber
4493465
Description

Welcome to the expansive commercial property at 1507-1511 Lincoln Blvd in Lorain! This remarkable property stands out with its vast wrap-around parking lot, spans 2 parcels & provides full access from the street to a generous 2.51 acres. The building is a substantial structure, totaling 11,000 sq ft, 5,500 sq ft above ground & an additional 5,500 sq ft below ground, accessible by a full walk-out. Providing a wealth of usable square footage, presenting endless possibilities for the new buyer to envision & customize according to their needs. Situated on a fully paved lot, the property boasts convenience and accessibility, with multiple handicap ramps strategically placed around the entire building, ease of access from both the front & back parking lots. The building's design features three front entrances, offering remarkable flexibility; it can be divided into three individual units or left open, catering to a variety of uses. Inside, the main floor has undergone extensive renovations, with a complete gutting to the studs, and all electrical and plumbing systems upgraded. While the lower level remains untouched, it offers a blank slate for customization, allowing the new owner to tailor the space to their specific needs. This unique property is being offered As-Is, presenting a rare opportunity for someone with a vision to bring it to life. Previously owned by a church, unable to cover renovation costs, are ready to pass the torch. This property serves as an ideal space for a creative mind, offering the potential for various ideas, from medical or office use to other innovative ventures. Whether you're an entrepreneur seeking a prime location for a new business venture or an investor looking to capitalize on the growing area, this property stands as a beacon of opportunity. Seize the chance to turn this location into an extraordinary destination, and don't miss out on the potential for growth and success. Act now & make this property the place for your next venture!!

Highlights
  • Annual Tax: $ 577.0
  • Flooring: Wall to Wall Carpet
  • Heating Fuel Type: Gas
  • Heating Type: Forced Air
  • Roof: Fiberglass
  • Sewer: Public
  • Water: Municipal Water
Documents
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Listing ID: a562c5ac-e322-4700-be68-9ceec39032c8
Location
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