Debbie Skaggs

520 Broadway

Lorain, OH
$ 799,900 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 799,900
  • City
  • Lorain
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Lorain
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.14 Acres
  • Zip
  • 44052
  • Year Built
  • 1920
  • Taxes
  • $ 9585
  • Style
  • MLS#
  • 5202333
Listed By: Coldwell Banker Schmidt Realty
Data Source: MLSNow

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/15/2026 Listed $799,900

Property vs Zip Code Average in 44052

Price
AVG $180K
$800K
Taxes
AVG $1,801
$9,585
Year Built
AVG 1944
1920

Areas That We Cover

520 Broadway Lorain, OH is a Single Family Home for sale at $799900 and a lot size of 0.14 Acres Acre(s). 520 Broadway Lorain has 0 bedrooms, 0 baths and was built in 1920. The property's zip code is 44052 which is in Lorain, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Debbie Skaggs

Debbie Skaggs

REALTOR®

234-567-0119

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