1534 E 28th Street Lorain, OH $ 280,000
1534 E 28th Street
$ 280,000
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1534 E 28th Street

Lorain, OH, 44055
$ 280,000
Baths0.0

Monthly Estimate*

$ 1,861

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Studio

Commercial Property for sale in Lorain, OH

for $280,000. This building was built in 1900 on a lot size of 0.56.

Don't Miss This Amazing Opportunity!! Whether you're just a Car Enthusiast or an Experienced Auto/Body Work Mechanic Ready to Venture out on your own, or maybe you just need more space in your existing business here is the place you've been waiting for! This Turn Key Auto Body shop is the Epitome of endless income potential. Whether you’re looking to expand your existing business or newly venture into the Automotive Industry, this property has everything you need to Thrive. The Auto body shop includes a Custom Spray/Paint Room, which is Grandfathered in with City, County and EPA. It would be Extremely Difficult or Impossible to have today due to the EPA Standards and Rules in Lorain County. The Painting Room is Insulated, Custom Built and Ventilated for Professional and/or Separate jobs or to complete the final touches on an existing job. This Unique setup also comes with the Paint, Software and Computer System to Accurately mix any paint/color needed for Any Paint job needed! The System has been updated recently to the most up to date Software and Hardware and is connected to the Company to service and refill your supplies when needed, Seller will provide all details and Information to the new Buyer upon request. The Shop also comes with a fully operational Frame Straightening machine to bring further value to the Building and Business along with other Equipment. The Shop includes an office space area and an open floor plan shop area with multiple large Door Entries. The Property is situated on three (3) Parcels if you are thinking about expanding the shop. But the Opportunities don't end there. This Property also features a Large 1-bedroom, 1-Bathroom Apartment over the Shop. This Presents a Unique Advantage, Allowing you to live on-site, ensuring convenience and efficiency in managing your business, or use as a Rental for Extra Income. This Building is Priced to Sell and Ready for You! Includes a Detached Garage Too! Call for questions or a private showing.

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Commercial Active

Price

$ 280,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,971

Style

Lot Size

0.56

Year Built

1900

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5009640

Features
General
Sewer PublicSewer
Heating Other Radiant
Cooling None
Possession DeliveryOfDeed
Roof Flat
Year Built 1900
Stories 2
Township Lorain
Levels Two
Property SubType Retail
Tax Year 2022
Current Use Automotive Commercial MixedUse Other Residential Recreational Retail
Business Type AutoService Commercial Mixed Residential Retail Transportation
Additional Parcels Description 03-00-097-103-010 03-00-097-103-009
County Lorain
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Energy Efficient Doors Windows
Subdivision Name Sheffield Land & Improv C
Garage Y/N Y
Building Features PrivateRestrooms ReceptionArea Signs
Status Active
Directions 57 North/Lorain to East 28th Street.
City Lorain
Disclosures PrincipalisRealEstateLicensed
View Y/N N
Senior Community Y/N N
High School District Lorain CSD - 4709
Zoning Description Retail
Total Units 2
Waterfront Y/N N
Carport Y/N N
Street Name 28th
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1971.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 138
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Other
Property Sub Type Additional Retail
Legal Description SHEFFIELD LAND CO 100.00 X 125.00
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Interior
Basement None
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Exterior
Fencing ChainLink Fenced Full Privacy
Parking Features AdditionalParking Detached Garage GarageDoorOpener HeatedGarage Indoor ParkingLot GarageFacesRear Unassigned Unpaved WorkshopinGarage
Water Source Public
Total Parking 50.0
Lot Size Area 0.56
Foundation Details Slab
Number of Buildings 2
Spa N
Building Area Total 7000.0
Lot Size Acres 0.56
Lot Size Units Acres
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1534
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* Excluded Features
List By
Majdey Taye

Listing Agent

Coldwell Banker Schmidt Realty

Broker

majdey.taye@cbschmidtohio.com

Email

Affordability Calculator

$2,025
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,861
Monthly Property Taxes
$164
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457626 Elementary School
4457488 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2024$280,000 -6.64% Price Down
4/20/2024$299,900 -7.72% Price Down
3/20/2024$325,000 -14.47% Price Down
2/8/2024$380,000 -4.98% Price Down
1/13/2024$399,900 Listed Price

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1534 E 28th Street, Lorain, OH, 44055 is a Commercial Property for sale at $280,000 with a lot size of 0.56. 1534 E 28th Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 44055 which is in Lorain, OH