1945 E 28th St - Warehouse FOR SALE


Lorain, OH 44055
$459,000 USD
216-513-4309
1945 E 28th St, Lorain, OH for Sale
$459,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

1945 E 28th St
Lorain, OH 44055


HIGHLIGHTS

  • Approximately 9,180 SF on 1.21 acres with additional rear land for outside storage or future use.
  • Warehouse features high ceilings, overhead doors, mezzanine storage, and an existing overhead crane.

OVERVIEW

Value add industrial opportunity consisting of approximately 9,180 SF on 1.21 acres in Lorain. The property includes approximately 7,200 SF of warehouse/manufacturing space and 1,980 SF of office space across two buildings. While the property requires significant renovation and deferred maintenance, it offers a solid opportunity for an owner occupant, contractor, or investor looking to reposition an industrial asset.

FOR SALE DETAILS

PRICE

$459,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

1.21

LAND SF

52,602

ZONING

480-COMMERCIAL WAREHOUSE

APN/PARCEL ID

03-00-086-101-002,03-00-086-101-003,03-00-086-102-016

ASK ABOUT THIS PROPERTY

Jesse HowellsRussell Real Estate ServicesMore Info
216-513-4309

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Jesse HowellsRussell Real Estate ServicesMore Info
216-513-4309

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