Searching ...

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.

Highlights

  • Commercial Sale
  • Office
  • Built in 1920
  • 0.14 Acre Lot
  • 176 days on Market

  • Year Built
    1920
  • Parking Features
    Off Street
  • Interior Features
    Storage, Elevator
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    Full, Unfinished

  • Acres
    0.14
  • Water
    Public


Ask a Question

What's your home worth?

Calculate your current home value within seconds.

Frequently Asked Questions

How do I schedule a tour of 520 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 520 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 520 Broadway?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $799,900. We can talk through recent upgrades, potential seller motivation, how this office compares to others in Lorain, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 520 Broadway?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 520 Broadway at around $5,136. 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 520 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 520 Broadway?

In most cases, yes. Whether 520 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 520 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.

What is the price per square foot for this home?

This home is listed at $799,900 with 15,000 sqft of space—that comes out to approximately $53 per square foot.

How long has this property been on the market?

520 Broadway was listed on May 15, 2026, which means it's been on the market for 176 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?

520 Broadway sits on a 0.14-acre lot, which is 6,098 square feet.

What are the property taxes for 520 Broadway?

The most recent public record shows annual property taxes for 520 Broadway were approximately $9,585. 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 520 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

Popular Home Searches in Lorain, OH


Search Nearby Cities


Search Nearby Counties


Search Nearby Postal Codes

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 07, 2026 at 06:41AM | Source: MLS Now | MLS#: 5202333