1404 Long AVE new

Lorain,OH 44052

$ 415000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5171010

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,939

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Mixed Use

Property Description

Rare opportunity to own a piece of Lorain's history! The well-known Urban 19 Building is a beautifully maintained and updated mixed-use brick property offering strong income potential and timeless character. This solid investment features four spacious 1-bedroom apartments and one studio apartment, all currently occupied. One of the 1-bedroom units is conveniently located on the ground floor, adding accessibility and versatility to the layout. Each apartment has been thoughtfully updated, blending modern comfort with the charm and craftsmanship of this historic building. Four of the five units feature luxury vinyl plank flooring and have newer heating systems, providing efficient comfort and low-maintenance living for tenants. The property also includes spacious common areas with wide hallways and large stairways that create an open, welcoming atmosphere for residents and guests alike. The street-level storefront offers high visibility, perfect a café, office, or creative studio. Currently vacant, the storefront presents an excellent opportunity for an owner-occupant business or an investor looking to boost income potential. Major updates include a newer Flintlastic SA roof (2022) and six new hot water heaters, ensuring reliability and peace of mind for years to come. Located just minutes from Black River Landing and Lake Erie, this property offers convenient access to Lorain's growing downtown, waterfront events, and recreation. With its desirable location, durable brick construction, and reputation as one of Lorain's most recognizable landmarks, the Urban 19 Building presents a rare chance to own a well-known piece of the city's history while securing a strong, income-producing investment. Don't miss this unique opportunity—schedule your private showing today!

Location

State OH

County Lorain

Rooms

Basement Full

Interior

Heating Baseboard,Electric,Forced Air,Gas

Cooling None

Fireplace No

Exterior

Present Use Mixed Use

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-006-130-045

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