Office Space
6150 Park Square Drive Lorain, OH 44053
Details & Description
Price: $2,200,000
    Investment Sale 9-1/2 years left on a lease with Firelands Hospital. An abundance of tenant Improvement dollars invested including an elevator. 4,000 sf of office space available for additional revenue potential. New center hub for Lorain/Amherst Medical Corridor. Over an acre of additional land for expansion. Local shopping amenities like Panera, Target, Lowes, Starbucks, Taco Bell, etc. Easy highway access - 1/8 mile from exit ramp. 75% tax abatement for 10 years. Neighboring medical facilities - Cleveland Clinic, Mercy, NOMS.
    Listing Agents
    Brian Smith

    M: 216-525-1476
    bsmith@crescorealestate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    6150 Park Square Drive

    Lorain, OH 44053

    Listing ID: 202119
    6150 Park Square Drive Lorain, OH 44053 | for Sale | Photo 1
    Building Size: 13,940 SF
    Lot Size: 0.400 AC
    Land Size: 17,424 SF
    Building $/SF: $157.82
    Land $/SF: $126.26
    Price
    $2,200,000
    Description

    Investment Sale 9-1/2 years left on a lease with Firelands Hospital. An abundance of tenant Improvement dollars invested including an elevator. 4,000 sf of office space available for additional revenue potential. New center hub for Lorain/Amherst Medical Corridor. Over an acre of additional land for expansion. Local shopping amenities like Panera, Target, Lowes, Starbucks, Taco Bell, etc. Easy highway access - 1/8 mile from exit ramp. 75% tax abatement for 10 years. Neighboring medical facilities - Cleveland Clinic, Mercy, NOMS.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cleveland History of Office Space for Sale

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    Lorain Area Market Trends

    Listing Demographics for 6150 Park Square Drive Lorain, OH 44053

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,24936,54774,488
    Population Median Age454140
    Population by Age0-9 Yrs226 (6%)4414 (12%)9102 (12%)
    10-19 Yrs396 (12%)4201 (11%)9330 (12%)
    20-29 Yrs379 (11%)4228 (11%)9355 (12%)
    30-39 Yrs279 (8%)4067 (11%)8075 (10%)
    40-49 Yrs453 (13%)4866 (13%)9568 (12%)
    50-59 Yrs576 (17%)4997 (13%)10103 (13%)
    60-69 Yrs443 (13%)4971 (13%)10182 (13%)
    70+ Yrs496 (15%)4804 (13%)8773 (11%)
    Median HH Income$65,455$61,205$47,726
    Total Household Income< 24K275 (20%)3073 (20%)8685 (28%)
    25-49K295 (21%)3093 (20%)7192 (23%)
    50-74K211 (15%)2770 (18%)5382 (17%)
    75-99K178 (13%)2240 (15%)3973 (13%)
    100-199K308 (22%)2996 (20%)4453 (14%)
    200K+85 (6%)594 (4%)837 (2%)
    Highest Education LevelNo Diploma21923367015
    Diploma or GED728813117097
    Some College545628912793
    Assoc. Degree35135265826
    Bachelors Degree40538096008
    Higher Degree21719773232
    Total Housing Units1,52815,85934,373
    --Owner-Occupied1,02110,92519,824
    --Renter-Occupied3313,84210,699
    Owner-Occupied Values< 100K18723227020
    100-199K50057558703
    200-299K23720832771
    300-399K70528855
    400-499K10114251
    500K+17123224
    Total Working Age Population2,77829,71760,361
    In Work Force1,70518,18635,085
    Not In Work Force1,07411,53125,277
    Workforce Employed1,53017,15032,683
    Workforce Unemployed1741,0362,399
    Civlian Workforce1,70518,18635,082
    Military Workforce003
    Total Households1,35314,76730,523
    Family Households8099,96918,873
    Non-Family Households5444,79811,650
    Married Couple6017,16812,429
    Other Family2082,8006,444
    Married w/Child2422,5084,216
    Single Male w/Child3170626
    Single Female w/Child581,2922,911

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Lorain County284,664+6301,356+3310,230+3320,430

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 6150 Park Square Drive in Lorain?
    The asking price for 6150 Park Square Drive is $2,200,000
    What is the building size of this Office property in Lorain, OH?
    The size of the building/unit at 6150 Park Square Drive in Lorain is 13,940 square feet
    How much land does the Lorain, OH property at 6150 Park Square Drive include?
    6150 Park Square Drive in Lorain includes 0.400 acres of land
    What kind of Office is the propery at 6150 Park Square Drive?
    The property at 6150 Park Square Drive Lorain, OH 44053 is listed as a Medical Office property
    What is the population within 1 mile of 6150 Park Square Drive in Lorain?
    The population within 1 mile of 6150 Park Square Drive Lorain, OH 44053 is 3,249 people.
    Who do I contact for questions about 6150 Park Square Drive?
    You should contact the listing agent, Brian Smith, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Cleveland Hopkins International Airport (CLE) 20
    Detroit Metropolitan Wayne County Airport (DTW) 80
    Toledo Express Airport (TOL) 82
    Price
    $2,200,000
    Listing Agent
    More listings from Brian Smith
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