1302 Broadway Avenue, Lorain, OH 44052
Selah Chamberlain · Lorain County
Key Facts
Description
Great opportunity to own a historical building offering multiple income sources. Located at 1302 Broadway in downtown historic Lorain, this building once housed Kutza’s Pharmacy. Lucky for you, the majority of modernization has already been done. The two-story all brick building built in 1910, features a storefront, which has been used for a pharmacy, church, rental hall, professional office space, and includes private Men & Women’s restrooms. Access to the basement offers additional storage and features all new joists. Located behind the storefront is a 2-bedroom, 1 bath apartment. Upstairs are two more apartments; a 2-bedroom, 1 bath, and a 1-bedroom, 1 bath featuring a shared laundry area. Many upgrades have been completed over the last 10 years, including partial roof, furnaces, hot water tanks, Kitchens, Bathrooms, flooring, paint, light fixtures, etc. Best of all, the Utilities have been conveniently separated. On the side of the building, there is an additional parcel which features a gravel parking lot as well as on-street parking. The time is now to invest in this money-maker!!
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1910
Living Area
3,975 sq ft
Lot Size
0.07 acres
Days on Market
37
MLS® Listing#
5186085
Property Features
Cooling
Heating
Basement
Parking
Fencing
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$4,727
Tax year 2025
Parcel Number
02-01-003-133-018
Directions
East or West on Broadway ave to 1302
Affordability Calculator
$42,000
Estimated monthly payment
$1,118/mo
Principal $168,000 · Est. interest $234,375 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
- Its price per sq ft is 59% below the area median.
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 · 0.5 mi away
Admiral King Elementary
Elementary · 0.5 mi away
Hawthorne Elementary School
Elementary · 0.6 mi away
Horizon Education Centers
School · 0.8 mi away
Summit Academy
School · 0.9 mi away
Washington Elementary School
Elementary · 1.0 mi away
Lorain Preparatory High School
Secondary · 1.0 mi away
General Johnnie Wilson Middle School
Secondary · 1.0 mi away
Garfield Elementary School
Elementary · 1.2 mi away
St Anthony of Padua School
School · 1.2 mi away
LCCC Community Learning Center at Lorain High School
Secondary · 1.4 mi away
Lorain High School
Secondary · 1.4 mi away
Charleston Center School
School · 1.5 mi away
Lorain City Schools
School · 1.5 mi away
Frank Jacinto Elementary
Elementary · 1.6 mi away
St Peter School
School · 1.6 mi away
Larkmoor Elementary School
Elementary · 1.7 mi away
Stevan Dohanos Elementary School
Elementary · 1.8 mi away
Toni Morrison Elementary School
Elementary · 2.2 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 |
|---|---|---|---|---|
| 5384 Rolling Avenue, Lorain, OH | $149,000 | 3 | 1 | 1,104 |
| 3050 Denver Avenue, Lorain, OH | $149,900 | 4 | 2 | 1,620 |
| 1857-1859 E 39th Street, Lorain, OH | $149,900 | 4 | 2 | 1,352 |
| 1155 W 6th Street, Lorain, OH | $149,900 | 4 | 3 | — |
| 1122 F Street, Lorain, OH | $149,900 | — | — | — |
| 1869 E 28th Street, Lorain, OH | $149,900 | — | — | — |
Moving Cost Estimate
EXIT Agents in Lorain
Listing Courtesy: Century 21 DeAnna Realty - ssmith@century21deanna.com, 440-387-2632
Last Updated: 2026-02-11