520 Broadway, Lorain, OH 44052 (MLS # 5202333)

Photo for 520 Broadway, Lorain, OH 44052 (MLS # 5202333)

Price	$799,900
Status	Active
Size	15,000 sqft
Lot Size	6,099 sqft
Days on Market	2

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.

Tiny photo for 520 Broadway, Lorain, OH 44052 (MLS # 5202333)

Property Type(s): Commercial

Last Updated	5/15/2026	Year Built	1920
County	Lorain

Additional Details

AIR	Central Air
AIR CONDITIONING	Yes
BASEMENT	Full, Unfinished, Yes
HEAT	Forced Air, Natural Gas
INTERIOR	Elevators, PrivateRestrooms, Storage
LOT	6098 sq ft
PARKING	Off Street
SEWER	Public Sewer
TAXES	9585
WATER	Public

Location

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Listing provided by: Christopher A Frederick | 216-210-7653, Coldwell Banker Schmidt Realty, thefrederickteam@gmail.com, 216-210-7653

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Data Last Updated: 5/16/26 5:32 PM PDT

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