1820 Iowa Ave - Warehouse FOR SALE


Lorain, OH 44052
$1,850,000 USD
216-861-7171
1820 Iowa Ave, Lorain, OH for Sale
$1,850,000 USD
Warehouse - FOR SALE
1/17
null | Request Cap Rate

1820 Iowa Ave
Lorain, OH 44052


HIGHLIGHTS

  • 39,214 SF renovated industrial building (2024)
  • Fenced parking lot with ample car parking + IOS
  • 2 overhead doors & 2 exterior docks
  • Heavy power service
  • Freshly renovated and modern office space
  • Great amenities throughout the building

OVERVIEW

SITE FEATURES - Ample car parking + IOS - Floor drains in warehouse - Covered exterior storage on-site - Drive around capability - Fully fenced yard & parking lot AMENITIES - Workout area with adjacent room plumbed for cold plunge, whirlpool and sauna - Additional mezzanine office space overlooking warehouse - Indoor basketball court (1/2 court) with scoreboard - Office area allows for large team meetings & presentations BUILDING SIZE 39,214 SF SITE 1.7 AC (Fenced/Gated) OFFICE 9,062 SF (Renovated 2024) WAREHOUSE 27,362 SF CANOPY + POLE BUILDING 2,790 SF (Insulated & Heated)

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

17.5 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.7

LAND SF

74,052

ZONING

I-1

APN/PARCEL ID

02-00-051-141-036

ASK ABOUT THIS PROPERTY

Donald BainJLLMore Info
216-861-7171

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Donald BainJLLMore Info
216-861-7171

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.