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Former LMHA Headquarters

2 Properties Offered at $2,813,678 CAD in Lorain, OH

Investment Highlights

  • Positioned minutes from downtown Lorain
  • Dense market of 50,400 people in a 3 mile radius with .4% annual population growth

Executive Summary

Soon to be vacant Lorain Metro Housing Authority HQ For Sale (LMHA will be relocating to downtown Lorain in ‘25)
- 35,559 SF Main Building, comprised of 2 parts ($1,700,000 asking)
- 18,613 SF Former Grocery Store, currently office space
- 16,946 SF high bay (18’) warehouse with 3 loading areas with 15’ tall receiving doors located in the front and rear
- 74’ wide clear space warehouse space
- 2,977 SF Former Bank Building with drive-thru ($285,000 asking)
- Total Development site: 3.31 AC

Property Facts

Price $2,813,678 CAD
Price / SF $72.98 CAD / SF
Sale Conditions Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 38,556 SF
Total Land Area 3.11 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1604 Kansas Ave, Lorain, OH 44052 Retail 2,997 SF 1958 -
1600 Kansas Ave, Lorain, OH 44052 Flex 35,559 SF 1957 -
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  • Listing ID: 33661663

  • Date on Market: 2024-10-28

  • Last Updated:

  • Address: Former LMHA Headquarters, Lorain, OH

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