- For Sale $449,000
- Property Type Retail
- Property Size 13,816 SF
- Lot Size 1.05 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 50
- Parking Ratio 3.62 / 1,000 SF
- Date Updated Aug 8, 2024
●PORTFOLIO OF TWO PROPERTIES – Consisting of two parcels, one with a ±10,915 SF Auto Repair building on about ±0.36-acre and the neighboring ±0.69-acre parcel with a ±2,901 SF former McDonalds. There is huge potential for remodel, redevelopment, and/or re-tenant.
●TURNKEY AUTOMOTIVE REAL ESTATE – Fully equipped auto body facility with 6 drive in doors, 1 - 12ft drive in door. Includes paint booth, 2 car lifts, compressors, and much more. Perfect addition to your growing automotive business or turnkey start to your first location.
●PRICED WELL BELOW REPLACEMENT COST – This is your chance. Priced at $36 PSF, this property allows a new owner-user / investor to purchase these assets vastly below replacement or start-up cost.
●HIGH TRAFFIC DEVELOPING CORRIDOR – Join McDonalds, Wendy’s and a newly constructed (2023) Taco Bell near the intersection of Colorado Ave (±6,000 VPD) and Henderson Dr (±15,000 VPD).
●GROWING MARKET AREA – Lorain has a dense consistently growing dynamic market with a population of 52,064 within 3-miles and 88,021 within 5-miles.
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Attachments
False
Contacts
Location
Getting Around
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Walk Score ®
37/100
Car-Dependent
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Bike Score ®
38/100
Somewhat Bikeable
- City Lorain, OH
- Zip Code 44052
- Market Cleveland Akron
Points of Interest
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Elyria
7.30 miles
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Valero
2.17 miles
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Marathon
2.38 miles
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Sunoco
2.40 miles
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Broadway Gas
2.79 miles
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Circle K
2.80 miles
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Speedway
3.02 miles
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Shell
3.64 miles
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Pure
3.96 miles
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RV Parking
6.73 miles
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Bus Parking
6.76 miles
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Car Parking
6.78 miles
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Truck Parking
6.85 miles
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West Lot
7.81 miles
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South Lot
7.86 miles
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Wendy's
0.08 miles
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Gyros & More
0.72 miles
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Lorenzo's Pizza
0.82 miles
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Campana's International Cafe
0.86 miles
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El Keffon Grand Buffet
0.92 miles
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Domino's
0.95 miles
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Broadway Teriyaki
0.98 miles
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Jackalope Lakeside
1.00 miles
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4th Street Diner
1.00 miles
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Papasito's Mexican Cantina
1.01 miles
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Fligner's Market
0.94 miles
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Save-A-Lot
1.10 miles
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Key Food
1.53 miles
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Apples
2.15 miles
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Big Lots
2.71 miles
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Marc's
3.24 miles
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Walmart Supercenter
3.55 miles
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Kohl's
3.70 miles
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Burlington
5.16 miles
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Target
5.67 miles
Frequently Asked Questions
How much does 1354 & 1342 Colorado Ave cost?
The space currently listed for sale at 1354 & 1342 Colorado Ave asks for $449,000.
What is the total square footage of 1354 & 1342 Colorado Ave?
1354 & 1342 Colorado Ave totals 13,816 square feet.
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