Log In/Sign Up
Your email has been sent.
2227-2229 W 21st St 4,600 SF 100% Leased Retail Building Lorain, OH 44052 $340,449 CAD ($74.01 CAD/SF)
Investment Highlights
- Heavy Traffic
- 3 seperate garage doors for entrance and exit
- 5 parcels with entrance and exits on W 21st St and Leavitt Rd
Executive Summary
Great commercial opportunity in a high-traffic location in Lorain. This unique property consists of five parcels with convenient access from W. 21st Street and possible access from Leavitt Road for multiple points of entry and exit. The building's unique drive-through configuration, featuring garage doors on both sides, makes it well-suited for a beverage drive-thru, coffee concept, quick-service restaurant, automotive use, or other retail operations. Multiple parcels, strong visibility, existing income, and commercial zoning combine to create an attractive opportunity for investors, and business owners alike. A portion of the property is currently occupied by a restaurant tenant at $1,200 per month. The restaurant includes a small dining area and some existing kitchen equipment, offering immediate income potential and flexibility for future use. An additional space within the building is well-suited for office use and includes a full bathroom with shower, creating opportunities for professional services, or additional rental income. With strong traffic counts, excellent accessibility, multiple parcels, and a flexible layout, this property offers tremendous potential for investors, entrepreneurs, and business owners. Take advantage of this opportunity today!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,600 SF
Building Class
C
Year Built/Renovated
1956/2024
Price
$340,449 CAD
Price Per SF
$74.01 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
20.00 AC
Zoning
B - Commercial
Parking
10 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
254’ on 21st St
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Empanada's To Go
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Empanada's To Go | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-02-024-113-007 | Improvements Assessment | $62,375 CAD |
| Land Assessment | $5,191 CAD | Total Assessment | $67,566 CAD |
Property Taxes
Parcel Number
02-02-024-113-007
Land Assessment
$5,191 CAD
Improvements Assessment
$62,375 CAD
Total Assessment
$67,566 CAD
1 of 39
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2227-2229 W 21st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.