1354 & 1342 Colorado Ave

For Sale

1354 Colorado Ave, Lorain, OH 44052

This Lorain property for sale is located at 1354 Colorado Ave. The current listed sale price for 1354 & 1342 Colorado Ave is $498,000. 1354 & 1342 Colorado Ave is situated on a lot that is 1.05 acre in size.

Contacts

broker

Antonio Sibbio

Matthews Real Estate Investment Services

(216) 201-9295

broker

Jason Long

Matthews Real Estate Investment Services

(216) 201-9113

broker

Jonah Yulish

Matthews Real Estate Investment Services

(216) 503-3610

Property Details

  • Property Type Retail
  • Property Size 13,816 SF
  • Lot Size 1.05 Acre
  • Parking Spaces Avail. 50
  • Parking Ratio 3.62 / 1,000 SF
  • Date Updated Nov 15, 2023

●PORTFOLIO OF TWO PROPERTIES – Consisting of two parcels, one with a ±10,915 SF Auto Repair building on about ±0.36-acre and the neighboring ±0.69-acre  parcel  with  a  ±2,901  SF  former  McDonalds.  There  is  huge potential for remodel, redevelopment, and/or re-tenant.

●TURNKEY  AUTOMOTIVE  REAL  ESTATE  – Fully  equipped  auto  body facility with 6 drive in doors, 1 - 12ft drive in door. Includes paint booth, 2 car lifts, compressors, and much more. Perfect addition to your growing automotive business or turnkey start to your first location.

●PRICED  WELL  BELOW  REPLACEMENT  COST  –  This  is  your  chance. Priced  at  $36  PSF,  this  property  allows  a  new  owner-user  /  investor  to purchase these assets vastly below replacement or start-up cost.

●HIGH TRAFFIC DEVELOPING CORRIDOR – Join McDonalds, Wendy’s and a newly constructed (2023) Taco Bell near the intersection of Colorado Ave (±6,000 VPD) and Henderson Dr (±15,000 VPD).

●GROWING  MARKET  AREA  –  Lorain  has  a  dense  consistently  growing dynamic  market  with  a  population  of  52,064  within  3-miles  and  88,021 within 5-miles.

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Getting around

  • 37/100

    Walk Score ®

  • 38/100

    Bike Score ®

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Location

  • City Lorain, OH
  • Neighborhood Lorain
  • Zip Code 44052
  • Market Cleveland Akron

Points of Interest

  • Elyria

    7.30 miles

  • Marathon

    2.38 miles

  • Sunoco

    2.40 miles

  • Speedway

    3.02 miles

  • Speedway

    3.24 miles

  • Shell

    3.64 miles

  • Pure

    3.96 miles

  • Meijer

    4.09 miles

  • Sunoco

    4.19 miles

  • GetGo

    4.20 miles

  • Marathon

    4.21 miles

  • RV Parking

    6.73 miles

  • Bus Parking

    6.76 miles

  • Car Parking

    6.78 miles

  • Truck Parking

    6.85 miles

  • Bus Parking

    7.03 miles

  • RV Parking

    7.06 miles

  • West Lot

    7.81 miles

  • South Lot

    7.86 miles

  • North Lot

    7.96 miles

  • Animal Clinic Northview Parking Lot

    8.64 miles

  • Gyros & More

    0.72 miles

  • Campana's International Cafe

    0.86 miles

  • El Keffon Grand Buffet

    0.92 miles

  • Domino's Pizza

    0.95 miles

  • Boriken Urban Juke Joint

    0.97 miles

  • Union Town Provisions

    0.99 miles

  • Jackalope Lakeside

    1.00 miles

  • Golden Crown

    1.09 miles

  • Selenti's Pizza

    1.43 miles

  • Five Alarm PizzA

    1.65 miles

  • Fligner's Market

    0.94 miles

  • Sav-a-Lot

    1.10 miles

  • Apples

    2.14 miles

  • Big Lots

    2.71 miles

  • Apples

    2.83 miles

  • Apples

    3.11 miles

  • Marc's

    3.24 miles

  • Walmart Supercenter

    3.55 miles

  • Kohl's

    3.70 miles

  • Save-A-Lot

    4.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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