520 Broadway

For Sale

520 Broadway, Lorain, OH 44052

This Lorain property for sale is located at 520 Broadway. The current listed sale price for 520 Broadway is $799,900. 520 Broadway is situated on a lot that is 0.14 acre in size.

Contacts

Michele Frederick

Coldwell Banker Schmidt Realty

Christopher Frederick

Coldwell Banker Schmidt Family of Companies

Property Details

  • Property Type Office
  • Lot Size 0.14 Acre
  • Year Built 1920
  • Date Updated Jun 30, 2026
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.
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Highlights

  • Cooling Central AC
  • General Elevator
  • Heating Fuel Type Gas
  • Heating Type Forced Air
  • Roof Fiberglass
  • Sewer Public
  • Water Municipal Water

Getting around

  • 73/100

    Walk Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lorain, OH
  • Zip Code 44052

Points of Interest

  • Elyria

    7.83 miles

  • Valero

    1.79 miles

  • Broadway Gas

    2.94 miles

  • Circle K

    2.96 miles

  • Marathon

    3.23 miles

  • Sunoco

    3.25 miles

  • Speedway

    3.51 miles

  • Pure

    3.58 miles

  • Meijer

    3.61 miles

  • Shell

    3.74 miles

  • RV Parking

    6.39 miles

  • Bus Parking

    6.42 miles

  • Car Parking

    6.44 miles

  • Truck Parking

    6.49 miles

  • West Lot

    8.67 miles

  • South Lot

    8.72 miles

  • Ariel Broadway Hotel

    0.16 miles

  • Days Inn by Wyndham Amherst

    3.85 miles

  • Motel 6 Amherst, OH - Cleveland West - Lorain

    3.94 miles

  • Sandstone Suites

    5.36 miles

  • Quality Inn

    5.37 miles

  • Country Inn & Suites

    5.41 miles

  • Homewood Suites

    5.42 miles

  • Best Western Inn

    5.49 miles

  • Red Roof

    5.56 miles

  • Camelot Inn

    5.57 miles

  • Save-A-Lot

    0.15 miles

  • Fligner's Market

    1.03 miles

  • Apples

    1.86 miles

  • Key Food

    2.16 miles

  • Big Lots

    2.40 miles

  • Walmart Supercenter

    2.99 miles

  • Kohl's

    3.16 miles

  • Marc's

    3.57 miles

  • Meijer

    3.71 miles

  • Target

    5.03 miles

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