Lorain, OH Commercial Real Estate for Lease and Sale

Explore 40 listings of Lorain commercial real estate for lease and for sale to find the best space for your business.

1622 Broadway

1622 Broadway, Lorain, OH
Property

Mixed Use

6,710 SF
Availability Contact for availability
Year Built

1920
For Lease Contact for pricing
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Strong & Stable SFR Investment Portfolio

SFR Investment Portfolio | 18 Properties, Lorain, OH
Property

Other

2,000 SF
For Sale Contact for pricing
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1354 & 1342 Colorado Ave

1354 Colorado Ave, Lorain, OH
Property

Retail

13,816 SF
For Sale

$498,000
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Lorain Plaza Shopping Center

1051 Meister Road, Lorain, OH
Property

Retail

172,599 SF
Availability

4 Spaces

10,628 SF
Year Built

1977
For Lease Contact for pricing
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4925 Broadway Ave.

4925 Broadway Ave., Lorain, OH
Property

Retail

10,540 SF
Availability

1 Space

3,500 SF
For Lease Contact for pricing
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1801 Elyria Ave

1801 Elyria Ave, Lorain, OH
Property

Office

6,282 SF
Year Built

2023
For Sale

$80,000
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The Shops on Leavitt

4415 N Leavitt Road, Lorain, OH
Property

Retail

47,582 SF
Availability

1 Space

14,625 SF
For Lease Contact for pricing
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2515 W 21st St

2515 W 21st St, Lorain, OH
Property

Retail

4,029 SF
Year Built

1962
For Sale

$300,000
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2515 W 21st St

2515 W 21st St, Lorain, OH
Property

Retail

4,029 SF
Availability

1 Space

4,029 SF
Year Built

1962
For Lease

$8.00/SF/YR
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1639 North Ridge Road

1639 North Ridge Road, Lorain, OH
Property

VacantLand

43,560 Acre
For Sale

$198,000
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5310 North Leavitt Road

5310 North Leavitt Road, Lorain, OH
Property

Retail

10,000 SF
Availability

2 Spaces

8,600 SF
For Lease Contact for pricing
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4397 Leavitt Rd

4397 N Leavitt Rd, Lorain, OH
Property

VacantLand

7.4 Acre
For Sale Contact for pricing
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Oak Point Medical Condos

Park Square Drive, Lorain, OH
Property

Office

8,851 SF
For Sale Contact for pricing
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3120 Kolbe Road

3120 Kolbe Rd, Lorain, OH
Property

VacantLand
For Sale

$649,000
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Oak Point Medical Condos

Park Square Drive, Lorain, OH
Property

Office

9,422 SF
Availability

4 Spaces

8,851 SF
For Lease Contact for pricing
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2910 W 21st St

2910 W 21st St, Lorain, OH
Property

Other
Year Built

1961
For Sale

$50,000
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West Gate Shopping Center

2418-2630 West 21st Street, Lorain, OH
Property

Retail

65,000 SF
Availability

1 Space

19,800 SF
Year Built

1970
For Lease Contact for pricing
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Colorado and Fillmore Avenue

Colorado and Fillmore Avenue, Lorain, OH
Property

VacantLand

8.36 Acre
Availability

2 Spaces

8.36 Acre
For Lease Contact for pricing
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2200 Cooper Foster Park Rd

2200 Cooper Foster Park Rd, Lorain, OH
Property

VacantLand
For Sale

$3,150,000
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Vermilion Land

Cooper Foster Park Rd, Lorain, OH
Property

VacantLand

119.6 Acre
Availability

1 Space

119.6 Acre
Year Built

2023
For Lease Contact for pricing
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Fairless Shopping Center

2222 Fairless Drive Lorain, Lorain, OH
Property

Retail

20,765 SF
Availability

3 Spaces

20,765 SF
For Lease Contact for pricing
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Oak Point Professional Campus

6055 Park Square Dr, Lorain, OH
Property

VacantLand

15 Acre
For Sale Contact for pricing
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1139 Tower Boulevard

1139 Tower Boulevard, Lorain, OH
Property

Retail

8,798 SF
Availability

1 Space

8,798 SF
For Lease Contact for pricing
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1139 Tower Blvd

1139 Tower Blvd, Lorain, OH
Property

Retail

8,798 SF
For Sale

$1,239,000/SF
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1820 Iowa Avenue

1820 Iowa Avenue, Lorain, OH
Property

Industrial

36,000 SF
Year Built

1960
For Sale

$425,000
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2808 W 21st St

2808 W 21st St, Lorain, OH
Property

Other
Year Built

1900
For Sale

$1,500
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lorain commercial real estate market incorporates 102,956 square feet of office space across 7 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lorain commercial real estate market includes 999,768 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lorain market, there is a total of 36,000 square feet of industrial property.

The listing inventory in Lorain incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lorain is represented by Retail space, which accounts for 297,487 square feet of available listings. Office space available in Lorain adds up to 17,097 square feet.

Meanwhile, most of the listings of commercial property for sale in Lorain are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lorain, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $17 per square foot.

The average size of a commercial property in Lorain depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lorain, the average size of an office property is 17,160 square feet.
Retail properties here incorporate an average of 55,543 square feet.
Industrial space in Lorain is in buildings that are, on average 36,000 square feet in size.

Lorain, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lorain currently add up to 5,888,522 square feet. The market offers 2 active office listing(s), which amount to 17,097 square feet and account for 11% of commercial spaces on the market. Local retail availability includes 297,487 square feet across 13 retail space(s).

Property Type	Count of Listings	Total SF
Office	2	17,097
Retail	13	297,487
Other	3	5,573,938

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lorain, OH. Currently, there is 285,968 square feet of commercial property for sale here , which includes 5 office building(s) for sale , 6 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	5	72,534
Retail	6	131,643
Industrial	1	36,000
Other	10	45,791

Lorain, OH Commercial Real Estate for Lease and Sale

1622 Broadway

Strong & Stable SFR Investment Portfolio

1354 & 1342 Colorado Ave

Lorain Plaza Shopping Center

4925 Broadway Ave.

1801 Elyria Ave

The Shops on Leavitt

2515 W 21st St

2515 W 21st St

1639 North Ridge Road

5310 North Leavitt Road

4397 Leavitt Rd

Oak Point Medical Condos

3120 Kolbe Road

Oak Point Medical Condos

2910 W 21st St

West Gate Shopping Center

Colorado and Fillmore Avenue

2200 Cooper Foster Park Rd

Vermilion Land

Fairless Shopping Center

Oak Point Professional Campus

1139 Tower Boulevard

1139 Tower Blvd

1820 Iowa Avenue

2808 W 21st St

Frequently Asked Questions

Lorain, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Lorain, OH Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lorain, OH?

What factors affect the price of commercial real estate in Lorain, OH?

What are the best areas for commercial real estate in Lorain, OH?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lorain, OH?

Lorain, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us