1373 Colorado Avenue, Lorain, OH 44052
East Side Realty Companys · Lorain County
Key Facts
Description
Unlock the full potential of this versatile mixed-use property, perfectly positioned in a high-visibility location ideal for business owners, investors, or live/work setups. This unique offering features a spacious ground-level storefront, perfect for retail, office, or service-based businesses—with excellent street exposure and steady foot traffic. Above the commercial space is a well-maintained 2-bedroom, 1-bath apartment, offering comfortable living quarters or a great rental income opportunity. The residential unit features a full kitchen, open living area, and plenty of natural light—ideal for tenants or owner occupancy.
Property Information
Property Type
Commercial Sale
Lot Size
0.13 acres
Days on Market
69
MLS® Listing#
5187249
Property Features
Heating
Financial Details
Annual Taxes
$1,462
Tax year 2024
Parcel Number
02-00-051-136-058
Directions
611 to Colorado
Affordability Calculator
$34,000
Estimated monthly payment
$905/mo
Principal $136,000 · Est. interest $189,732 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lorain, OH
- 39
- Median Days on Market
- 1,650
- Median Sq Ft
- $130
- 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
Summit Academy
School · 0.5 mi away
St Anthony of Padua School
School · 0.7 mi away
Larkmoor Elementary School
Elementary · 0.9 mi away
Lccaa Hopkins Locke Head Start
School · 0.9 mi away
Lorain St. Mary's Academy & High School
Secondary · 1.0 mi away
Admiral King Elementary
Elementary · 1.1 mi away
Hawthorne Elementary School
Elementary · 1.3 mi away
Horizon Education Centers
School · 1.3 mi away
Lorain Preparatory High School
Secondary · 1.4 mi away
Garfield Elementary School
Elementary · 1.7 mi away
Washington Elementary School
Elementary · 1.7 mi away
Stevan Dohanos Elementary School
Elementary · 1.8 mi away
General Johnnie Wilson Middle School
Secondary · 1.8 mi away
LCCC Community Learning Center at Lorain High School
Secondary · 2.2 mi away
Lorain High School
Secondary · 2.2 mi away
Barr Elementary School
Elementary · 2.2 mi away
Charleston Center School
School · 2.3 mi away
Lorain City Schools
School · 2.3 mi away
Frank Jacinto Elementary
Elementary · 2.3 mi away
St Peter School
School · 2.4 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: Howard Hanna - artnetta@vineshomes.com, 440-452-7580
Last Updated: 2026-02-13