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$415,000
Est. payment /mo
3,049 Sqft Lot
New
1404 Long AVE Lorain, OH 44052
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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

Listed by Teresa L Kaurich • Berkshire Hathaway HomeServices Lucien Realty • tkaurich5@gmail.com, 440-258-4678
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