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Julia Momenee
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(567) 525-6926
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520 Broadway, Lorain, OH 44052

$799,900
  • 520 Broadway, Lorain, OH 44052 Main Photo

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New to the Market Active
MLS#5202333
STATUSActive PROPERTY TYPECommercial - Office SCHOOLLorain City

Property Description

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.

520 Broadway | MLS# 5202333

This commercial property located at 520 Broadway, Lorain, OH 44052 is currently listed for sale with an asking price of $799,900. Broadway is located within the Lorain City school district. Search Lorain real estate on juliamomenee.ikeyrealty.com today.

Property Features

Property Type: Commercial - Office
Basement: Full, Unfinished
Basement: Yes
Cooling: Central Air
Heating: Forced Air, Gas
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Taxes: $9,585 / year
Year Built: 1920

Feature Descriptions

Building Features: Elevator(s), Private Restrooms, Storage
Days on Site: 1
Parcel#: 02-01-004-103-020
Parking: Off Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Lorain City

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653

Shown By

Agent Name: Julia Momenee
Agent Phone: (567) 525-6926
Agency Title: Key Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/17/2026. The listing information on this page last changed on 05/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/17/2026 12:00:53 AM EST) or MichRic (Michigan Regional Information Center) (last updated Sat 05/16/2026 11:17:52 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Sat 05/16/2026 11:34:29 PM EST) or NIRA MLS (last updated Sat 05/16/2026 11:04:47 PM EST) or RealComp MLS (last updated Sat 05/16/2026 11:46:01 PM EST) or Dayton MLS (last updated Sat 05/16/2026 11:46:43 PM EST) or NORIS MLS (last updated Sat 05/16/2026 11:15:01 PM EST) or IRES MLS (last updated Sat 05/16/2026 11:47:08 PM EST) or Colorado Real Estate Network IDX (last updated Sat 05/16/2026 7:05:10 PM EST) or CBRMLS (last updated Sat 05/16/2026 11:54:46 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sat 05/16/2026 11:53:35 PM EST) or Terrehaute MLS (last updated Sat 05/16/2026 11:56:17 PM EST) or elevate MLS (last updated Sat 05/16/2026 11:45:25 PM EST) or Stellar MLS (last updated Sat 05/16/2026 11:44:05 PM EST) or NKY MLS (last updated Sat 05/16/2026 11:28:26 PM EST) or Wrist MLS (last updated Sat 05/16/2026 7:41:07 AM EST) or Firelands MLS (last updated Sat 05/16/2026 11:11:26 PM EST) or LCAR MLS (last updated Sat 05/16/2026 10:51:02 AM EST) or West Central MLS (last updated Sat 05/16/2026 9:59:08 PM EST) or Fort Myers (last updated Sat 05/16/2026 11:04:42 PM EST) or Aspen/Glenwood Springs MLS (last updated Sat 05/16/2026 9:36:52 PM EST) or Northern Nevada Regional MLS (last updated Sat 05/16/2026 11:56:50 PM EST) or MLS NOW (last updated Sat 05/16/2026 11:57:32 PM EST) or Northern Great Lakes Association of Realtors (last updated Sat 05/16/2026 11:49:12 PM EST) or Mansfield MLS (last updated Sat 05/16/2026 11:47:17 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Sat 05/16/2026 11:51:33 PM EST) or Grand Junction MLS (last updated Sat 05/16/2026 11:37:12 PM EST) or Knox County MLS (last updated Sat 05/16/2026 11:08:18 PM EST) or IRMLS (last updated Sat 05/16/2026 11:12:25 PM EST) or Pueblo MLS (last updated Sat 05/16/2026 11:43:59 PM EST) or Upper Peninsula MLS (last updated Sat 05/16/2026 11:10:13 PM EST) or Greater Lansing MLS (last updated Sat 05/16/2026 7:01:55 AM EST) or SEBAR MLS (last updated Sat 05/16/2026 11:39:22 PM EST) or Water Wonderland MLS (last updated Sat 05/16/2026 10:52:47 PM EST) or Eastern Upper Peninsula MLS (last updated Sat 05/16/2026 11:59:22 PM EST) or Scioto Valley MLS (last updated Sat 05/16/2026 10:02:58 PM EST) or Northern Michigan MLS (last updated Sat 05/16/2026 9:34:43 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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