- 1920
- year built
- Status:
- Active
- MLS #:
- 5112612
- Neighborhood:
- Chamberlains Add 01
- County:
- Lorain
- Listed By:
- Paul Lawson - Russell Real Estate Services
- Agent Phone:
- (440) 787-6330
- Agent Email:
- purchasewithp@gmail.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Do not miss your chance to own a landmark in Lorain history. The Broadway Feed and Pet Supply building on Broadway! Recently rezoned as mixed use, this building has great income potential. The lower level is approved by the city for a restaurant, but can be used for several other business ventures. A lot of Structural work has already been performed. All you have to do is bring your vision, and make it come to life! Not only is the lower level a prime retail space in the heart of downtown, but the upper level has 3 units of living space! Two of the units have some framing and plumbing complete. With rent skyrocketing in the past few years, the upper level will be a big source of income for your portfolio. Blue prints have already been drawn for both levels, making the completion of this project much easier. Call your favorite Realtor and schedule your private tour today!
Highlights
- Commercial Sale
- Retail
- Built in 1920
- 0.15 Acre Lot
- 581 days on Market
-
- Year Built
- 1920
-
- Cooling
- None
-
- Heating
- None
-
- Acres
- 0.15
-
- County
- Lorain
-
- City
- Lorain
-
- Neighborhood
- Chamberlains Add 01
-
- Zip Code
- 44052
-
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preferred mortgage partner
your partner for Lorain county
Chris Simpson
LO NMLS #: 157878
The ez Mortgage Calculator is for educational purposes only. Real-world interest rates and payments can differ due to factors like market trends, location, and loan specifics. Calculations are based on your inputs and might not consider extra costs a lender may add, such as insurance, taxes, and fees; thus, actual repayments could surpass estimates. Please note, ez Home Search does not provide loans, and this tool does not promise lending.
Price History
| 05/14/2025 | Price Changed | $140,000 |
| Source: MLS Now #5112612 | ||
| 04/07/2025 | Listed | $150,000 |
| Source: MLS Now #5112612 | ||
| 02/15/2024 | Off Market | — |
| Source: MLS Now #5017168 | ||
| 08/16/2020 | Off Market | — |
| Source: MLS Now #4215698 | ||
Source: MLS Data
Deed History
| 04/07/2023 | Limited Warranty Deed | $79,000 |
| 04/15/2022 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 01/26/2021 | Land Contract | $79,000 |
| 09/25/2020 | Warranty Deed | $70,000 |
| 01/19/2007 | Fiduciary Deed | $61,500 |
Source: Public records via Constellation Data Labs
Mortgage History
| 04/07/2023 | Open End with Future Advance Clause / Open End Mortgage | $159,000 |
| 01/26/2021 | Land Contract (Argmt. Of Sale) | $59,000 |
| 01/19/2007 | Commercial | $49,200 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Lorain
There are currently 240 properties available in Lorain, with 18 under contract to close soon. Properties in the city have an average sale price of $191,232 and typically spend 84 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 1605 Broadway?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1605 Broadway.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 1605 Broadway?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $140,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Lorain, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1605 Broadway?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1605 Broadway at around $951. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 1605 Broadway?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Lorain County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 1605 Broadway?
In most cases, yes. Whether 1605 Broadway is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lorain's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1605 Broadway?
We can handle that for you. Our preferred local agent specializes in commercial sales in Lorain and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
1605 Broadway was listed on April 07, 2025, which means it's been on the market for 581 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1920, making it approximately 106 years old.
What is the lot size of this property?
1605 Broadway sits on a 0.15-acre lot, which is 6,534 square feet.
What are the property taxes for 1605 Broadway?
The most recent public record shows annual property taxes for 1605 Broadway were approximately $1,848. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 1605 Broadway still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Now. All rights reserved.
Last Updated: November 09, 2026 at 06:03PM | Source: MLS Now | MLS#: 5112612
