1657 Broadway Ave
Lorain, OH 44052

? OWNER FINANCING AVAILABLE ?
Proposed terms — subject to negotiation and final agreement:
• Land Contract
• Down payment: less than 10%
• Interest rate: 5.5%
• Amortized over 25 years
• First 2 months: rent-free
• Months 3–6: $10,000/month, interest-only
• After 6 months: Principal & Interest payments begin
• Land Contract term: 3–4 years
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65,520 SF two-building industrial and self-storage complex located in Lorain, Ohio. The property consists of a newly renovated, climate-controlled self-storage facility(321 units) and a functional owner-occupied warehouse. Both buildings are constructed of durable concrete/steel with newer flat roofs and offer strong utility infrastructure and on-site parking. The two buildings are connected by a skybridge.
Building 1 – Warehouse, 25,000 SF | Owner-Occupied, Built 1990
Mezzanine level
New HVAC system and furnaces
Full sprinkler system
Epoxy flooring throughout
Two loading docks
Two drive-in doors with ramps
Flexible industrial layout for manufacturing, warehousing, or distribution
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Building 2 – Journal Storage
40,520 SF | 321 Climate-Controlled Units, Built 1953 | Renovated 2024
Two-story climate-controlled storage facility
New HVAC system (2025)
Full sprinkler system
Freight elevator
High-efficiency loading dock
New drive-through carport
Vacant and ready for lease-up
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For access to confidential offering information, pricing, and due diligence materials, please contact the Listing Broker. An NDA is required.