939 Broadway, Lorain, OH 44052
Chamberlain · Lorain County
Key Facts
Description
Great Opportunity in Historic Downtown Lorain! Own a commercial building in the heart of historic downtown Lorain and bring your business vision to life. This inviting property features a welcoming foyer entrance and a freshly painted interior. The horseshoe bar serves as the centerpiece of the space, creating a warm and memorable atmosphere for guests. The kitchen is ready for improvements and customization, offering the perfect opportunity to create your own culinary experience. Additional features include two restrooms and a spacious rear patio area, ideal for entertaining, outdoor dining, or relaxing on warm summer evenings. Conveniently located within walking distance of the Black River, Lake Erie, churches, schools, restaurants, shopping, and other local attractions. Whether you're dreaming of opening a restaurant, pub, event venue, or another unique business, this property offers endless potential. Now is the time to make your dreams a reality in downtown Lorain!
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1948
Lot Size
0.15 acres
Days on Market
1
MLS® Listing#
5219859
Property Features
Cooling
Heating
Parking
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$2,770
Tax year 2024
Parcel Number
02-01-003-121-007
Directions
W Erie to South on Broadway Ave
Affordability Calculator
$33,980
Estimated monthly payment
$904/mo
Principal $135,920 · Est. interest $189,620 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lorain, OH
- 38
- Median Days on Market
- 1,664
- Median Sq Ft
- $129
- Median Price / Sq Ft
- 126
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Lorain, OH.
Location
Points of Interest in Lorain, OH
Showing the Lorain area map.
Nearby Schools
Lccaa Hopkins Locke Head Start
School · 0.2 mi away
Lorain St. Mary's Academy & High School
Secondary · 0.2 mi away
Admiral King Elementary
Elementary · 0.4 mi away
Horizon Education Centers
School · 0.6 mi away
Hawthorne Elementary School
Elementary · 0.8 mi away
Summit Academy
School · 0.8 mi away
St Anthony of Padua School
School · 1.1 mi away
Washington Elementary School
Elementary · 1.1 mi away
General Johnnie Wilson Middle School
Secondary · 1.2 mi away
Lorain Preparatory High School
Secondary · 1.3 mi away
Garfield Elementary School
Elementary · 1.5 mi away
Charleston Center School
School · 1.5 mi away
Lorain City Schools
School · 1.5 mi away
LCCC Community Learning Center at Lorain High School
Secondary · 1.5 mi away
Lorain High School
Secondary · 1.5 mi away
Frank Jacinto Elementary
Elementary · 1.6 mi away
Larkmoor Elementary School
Elementary · 1.6 mi away
St Peter School
School · 1.8 mi away
Stevan Dohanos Elementary School
Elementary · 2.0 mi away
Toni Morrison Elementary School
Elementary · 2.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4977-4985 Oberlin Avenue, Lorain, OH | $119,000 | — | — | — |
| 3781 Lowell Avenue, Lorain, OH | $119,900 | 3 | 1 | 1,622 |
| 747 Brownell Avenue, Lorain, OH | $120,000 | 2 | 1 | — |
| 514 W 20th Street, Lorain, OH | $120,000 | 4 | 2 | — |
| 205 W 22nd Street, Lorain, OH | $120,000 | 4 | 2 | 1,814 |
| V/L Broadway, Lorain, OH | $120,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Lorain
Listing Courtesy: Russell Real Estate Services - 4nealdeals@gmail.com, 440-315-0686
Last Updated: 2026-06-17