Elyria OH Commercial for Sale
$650,000
332 4th Street Elyria, OH 44035
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.38 Acres
- Baths:
- MLS#:
- 5084460
- Subdivision:
- Heman Elys
ADDITIONAL INFORMATION
Fantastic Investment Opportunity! This 16-unit apartment building is a gem waiting to add value to your portfolio. With solid construction, a desirable location, and high rental demand, this property offers significant potential for income generation. Bring your vision to modernize and optimize the space—whether you plan to update units, improve amenities, or enhance management efficiency, the potential for increased returns is here! Don’t miss out on this chance to grow your portfolio with a property that promises both stability and opportunity.
$349,900
7333 Lake Avenue Elyria, OH 44035
- Type:
- Apartment
- Sq.Ft.:
- 3,657
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- 5084021
- Subdivision:
- West/Black River & Bounded A
ADDITIONAL INFORMATION
Welcome to this exceptional mixed-use commercial property, perfectly positioned to offer both residential and commercial opportunities. This versatile asset features two storefronts, four residential units, and a fully rentable garage, making it an ideal investment for those seeking a lucrative real estate venture. 2 Prime Storefronts: Ideal for retail or office space, the storefronts boast high visibility and foot traffic, offering a fantastic opportunity for local businesses to thrive. Currently rented ($400) and ($250) on month to month leases. 4 Residential Units: 3 vacant and 1 rented at ($600)Well-maintained and thoughtfully designed, these residential units provide comfortable living spaces. Each unit is spacious and the break down included 2 (2 bedroom units) and 2 (1 bedroom units) Also included is the Rentable Garage: A valuable addition to the property, the garage can be fully rented out, providing additional income streams. Perfect for tenants needing secure storage or parking. Residents will appreciate the convenience of on-site laundry facilities, adding value to the residential units and enhancing tenant satisfaction. This property includes dedicated parking spaces, ensuring easy access for both residents and customers visiting the storefronts. This property is situated in a vibrant neighborhood, this property benefits from excellent accessibility and is surrounded by a diverse mix of shops, restaurants, and community services. The area is well-connected, making it a desirable location for both commercial tenants and residents. Investment Opportunity: With the combination of commercial and residential spaces, this mixed-use property offers a unique investment opportunity. Whether you are looking to expand your portfolio or start your first venture, this property delivers a solid return on investment with multiple income sources.Don't miss out on this rare find! Contact us today to learn more about this exceptional property and schedule a viewing.
$499,000
7444 Lake Avenue Elyria, OH 44035
- Type:
- Apartment
- Sq.Ft.:
- 6,750
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.45 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 5082583
- Subdivision:
- West/Black River
ADDITIONAL INFORMATION
Welcome to an exceptional investment opportunity: a rare 8-unit cash-flowing property located in the highly desirable area of Elyria, OH! This property has undergone a complete exterior upgrade, featuring new paint, siding, multiple new windows and doors, fencing, and a resealed and patched parking area. The majority of units have been cosmetically refreshed with new flooring, paint, and bathroom upgrades, enhancing tenant satisfaction and retention. Currently fully occupied, this property generates nearly $100,000 in annual gross income, with recent electrical and plumbing improvements already in place. There’s even the potential to add a 1,000 sq. ft. unit, further boosting income potential. While the owner currently covers utilities due to two electric and two gas meters, this setup allows for premium rent pricing to offset costs. Priced to deliver an impressive cap rate near 10% and solid double-digit cash-on-cash returns, this investment is a rare find in today’s market.
- Type:
- Other
- Sq.Ft.:
- 1,815
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.01 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 5078342
- Subdivision:
- Tokar Tower Office Condo
ADDITIONAL INFORMATION
Location is everything. This office space is located in the Downtown Elyria Public Square in the Northwest Bank Building! Located on the 5th floor, this space offers separate offices in suite with conference room, kitchen and reception area! What an amazing investment and a great addition to your growing business portfolio. Please call today for your private tour!
- Type:
- Other
- Sq.Ft.:
- 1,787
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.01 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 5078279
- Subdivision:
- Tokar Tower Office Condos
ADDITIONAL INFORMATION
LOCATION! LOCATION! LOCATION! Fantastic office available on Elyria Public Square. Located in the Northwest Bank building, this office overlooks Central Park and provided endless opportunities to suit your business's needs. Step off of the elevators to your 9th floor suite that provides a waiting area for your clients, reception area, 5 offices, conference room, kitchen area and on site restrooms. Just a minute's drive to the county administration building, lorain courthouse, popular local eateries and more. Make this your top choice for your next business investment today.
$200,000
206 E Bridge Street Elyria, OH 44035
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.39 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 5077567
- Subdivision:
- Herman Elys
ADDITIONAL INFORMATION
Priced to sell, your business opportunity awaits! High traffic area, large commercial building with a 3 bedroom apartment on second level. Lots of potential on this busy street!
$229,000
160 Eady Court Elyria, OH 44035
- Type:
- Business Opportunities
- Sq.Ft.:
- 6,256
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Year built:
- 1919
- Baths:
- MLS#:
- 5068661
- Subdivision:
- Abbey Allotment
ADDITIONAL INFORMATION
Great Investment Property or owner user. This property is already in the process with an architect engineer to break up into seven flex spaces and rentals but had to stop the progress with timing and too many projects going on at once. Right now the interior of the warehouse is wide open, allowing the buyer to customize it according to their specifications. It's a one-floor cement block building with two overhead doors, for loading and unloading goods. Approx height of doors 11' and 9' The back lot is fenced in, providing security and potentially additional space for storage or parking. There are approximately 20 parking spaces in the back and around 7 parking spaces in front of the building in addition there is a nook in front of the building for additional parking.The building has Three Phase Power, which is often required for industrial or heavy machinery operations. New roof 2023 with a 12 year transferrable warranty.
$189,000
1412 West Avenue Elyria, OH 44035
- Type:
- Retail
- Sq.Ft.:
- 2,072
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 5068585
- Subdivision:
- Obitts
ADDITIONAL INFORMATION
Newly Renovated Retail / Store Front Space with 3 Apartments above. This building sits on a large 2 parcel lot with ample parking and a turn around drive way. The store front boasts tons of natural light with new front windows, a half bath and a large storage space with separate access. The building has been power washed, some new exterior doors, and recently repaired black top driveway. There are new electric panels for each unit and storefront, along with new hot water tanks. There are two 1 bedroom apartments and one 2 bedroom apartment on the second floor. Each unit has been freshly painted, new light fixtures, and new flooring. The basement has separate storage areas, has been freshly painted. Don't miss out on this opportunity to have a business along with rental income.
- Type:
- Other
- Sq.Ft.:
- 1,260
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.76 Acres
- Baths:
- MLS#:
- 5064379
ADDITIONAL INFORMATION
Exceptional Commercial Opportunity in Prime Location! Presenting a rare estate sale of the former well-known Joe's Bar, a staple in the community for over 50 years. Property offers unparalleled visibility, fronting two major streets w/extremely high traffic flow & situated less than a mile from major highways, making it a prime location for any business. Currently zoned for Restaurant/Cafeteria/Bar use, this property includes a spacious, attached 3-bedroom apartment—ideal for additional income or owner-occupancy. Imagine the convenience of living where you work! The property features a spacious restaurant w/ample seating, two bathrooms, full basement, & .77-acre lot that offers additional parking & patio space. Sale includes all current equipment and a valuable liquor license, making it an unbeatable investment opportunity. Possibilities here are endless! While the property is priced "as-is," there's potential for rezoning, opening doors to a wide array of business ventures. Whether you’re looking to revive this iconic establishment, take advantage of the apartment rental possibilities, or launch your next business venture in a prime location, this property has it all. Don’t miss out on this unique chance to own a piece of local history (offered for sale for the 1st time in over 50 years) w/incredible potential. Call today to schedule your private tour!
- Type:
- Mixed Use
- Sq.Ft.:
- 10,978
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.71 Acres
- Baths:
- MLS#:
- 5059729
ADDITIONAL INFORMATION
Business ONLY for Sale. conveniently located,in a shopping strip with very long time tenants, Minuets from downtown. Want to be your own Boss, this is it, affordable and ready to start, all you need is here, from inventory to fixtures and equipment ...... This is a brand new business with all new 5 complete pedicure chair, 5 complete nail stations, 3 rolling caddies,1 floor style display, washer & dryer, 1 sterilizer, 1 service lounge/chair, front desk counter w/ cash register, office w/ desk & chair and so much more... . monthly rent is $1500 with a 2 years lease minimum.
- Type:
- Retail
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- 5055870
ADDITIONAL INFORMATION
Free Standing - Solid Brick Commercial Building -Located in high traffic Area- Plenty of Parking - Great Opportunity for neighborhood retail Businesses- Rented in the Past as a Barber Shop - Commercial Aeration Tank 1500 Gallons - Seller Has Materials on Site to Finish Flooring - Township has already Approved an Addition to the Building. Ton of potential!!
$199,000
200 Winckles Street Elyria, OH 44035
- Type:
- Industrial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- 5047367
- Subdivision:
- Foster & Nelsons
ADDITIONAL INFORMATION
Incredible opportunity to purchase (2) buildings on (3) parcels zoned Light-Industrial (L-1) on a very busy, industrial corner of Elyria's main industrial district. Each building has two drive in doors and measures about 1,200 & 1,920 square feet (respectively) with 10-12' ceilings & 3 Phase Power. Included in the sale are a car lift & paint spray booth. Ideal for various uses including automotive, building trades, wholesaler, manufacturing and printing to name a few. The property includes plenty of off-street parking as well. This very versatile property allows the owner to use the entire property, use one building and rent the other or rent the entire site as a cash flowing investment (previous tenant paid $3,500/month). Finally, included in this sale is an adjacent .13-acre vacant lot zoned R-TH allowing up to a two-family home to be built.,
- Type:
- Retail
- Sq.Ft.:
- 2,992
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 1907
- Baths:
- MLS#:
- 5035370
ADDITIONAL INFORMATION
High traffic location for your retail business or offices. This property features almost 1600 SqFt of retail\office space on the first floor plus a large enclosed porch. The second floor has a very nice 1400 SqFt apartment with two bedrooms and two full baths. This building has a two car attached garage, full basement and it's own private parking lot. Property has been well cared for with most mechanical systems up to date. Lots of potential uses. Easy access to Highways! Call for your tour today.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Baths:
- MLS#:
- 20241027
ADDITIONAL INFORMATION
Lease space inside of a successful gym with extra store front area of 1787sq.ft. with separate entrance from the parking lot with dedicated lobby/reception/ lounge area at entrance. The rental also has a 1410 sq. ft room w/concession counter/flex area. You could do whatever you can imagine along with a dedicated storage area. Endless possibilities. Gym owner to pay utilities, tenant can get other wi-fi on top of what gym provides. NO SUBLETTING FROM TENANT TO 3RD PARTY.
$450,000
220 Oberlin Road Elyria, OH 44035
- Type:
- Industrial
- Sq.Ft.:
- 12,900
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.02 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 5021733
ADDITIONAL INFORMATION
Brick Building With Offices and Light Industry---9102 Sq Ft!! Plus a 4000 Sq Ft Metal Building For Storage!! Acre Lot!! 40-50 Parking Spaces!! Years Ago Was A Center For Sightness Facility!! Four Offices In The Front With A Conference Room!! Many Possibilities!! Owner Will Meet For Showings--He Has Keys!!
$950,000
405 S Abbe Road Elyria, OH 44035
- Type:
- Business Opportunities
- Sq.Ft.:
- 20,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.74 Acres
- Baths:
- MLS#:
- 5020330
- Subdivision:
- Elyria
ADDITIONAL INFORMATION
Conveniently located near Route 57 and major highways like I-480 and I-80, this 20,000 sq ft warehouse style building is perfect for multiple types of businesses. This property also features a large parking lot with additional land on the back side of the building for more parking, if needed. The building sits at the center of the property with easy drivable access around both ends of the building. Whether you're looking for distribution, storage or light industrial, this property has you covered. Call today for a showing and don't miss out on this great opportunity!
- Type:
- Office
- Sq.Ft.:
- 1,510
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.01 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 5017505
- Subdivision:
- Tokar Tower Office Condo
ADDITIONAL INFORMATION
Looking to upscale your business? This beautiful newly renovated office is located in the fabulous greater downtown Elyria in the Lorain County Bank Building. Step off the elevator to your beautiful 2nd floor suite with over 1,500 sq ft of office/flex space. This space includes a foyer waiting to showcase your company name, updated kitchenette and bathroom. The prime location overlooks Central Park.
$450,000
8741 W Ridge Elyria, OH 44035
- Type:
- Mixed Use
- Sq.Ft.:
- 2,652
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.03 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 5015404
ADDITIONAL INFORMATION
Here is your chance to have your own Bar/Lounge/Restaurant. Ready for a new owner, this stand alone neighborhood bar, "The Pub" is practically turn key and ready for business. The Roof has been recently replaced and the 80 space parking lot was re done, plus new landscaping. The owner has purchased and updated much of the equipment in the kitchen, including freezers, flat top, broiler and grill. The D-5 Liquor license can transfer and possibly be upgraded to a D-6 in the future. The possibilities are endless with this building, there are 2 handicap accessible ramps, updated bathrooms, and a finished basement with outside access for private parties. "The Pub" was a very popular place and was famous for its Karaoke and dart leagues. The building is in a diverse neighborhood including 2 new developments, multiple condos and hundreds of apartments. This property is FOR SALE ONLY, NO leasing, NO owner financing.
$27,900,000
E Broad Street Elyria, OH 44035
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 57.17 Acres
- Baths:
- MLS#:
- 5012340
- Subdivision:
- Elyria
ADDITIONAL INFORMATION
Vacant land with newly constructed connector road, Reaser Pointe Crossing, running through center of property that adjoins Chestnut Commons Drive which is home to household names like Walmart, Petco, DrugMart, Cleveland Clinic and other local businesses. Conveniently located near state route 57 and I-480, this property sits in the heart of a vastly growing area within 30 minutes of Cleveland Hopkins Airport and Downtown Cleveland. Zoned with multiple overlays making it easy to develop.
$650,000
W Ridge Road Elyria, OH 44035
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.02 Acres
- Baths:
- MLS#:
- 4259584
- Subdivision:
- West Ridge Estates
ADDITIONAL INFORMATION
1 lot with 4 Parcels. 470' on Fowl and 511' on West Ridge All services to property 6+ Acres
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Elyria Real Estate
The median home value in Elyria, OH is $190,900. This is lower than the county median home value of $214,100. The national median home value is $338,100. The average price of homes sold in Elyria, OH is $190,900. Approximately 53.59% of Elyria homes are owned, compared to 37.49% rented, while 8.93% are vacant. Elyria real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elyria real estate agent to arrange a tour today!
Elyria, Ohio has a population of 52,853. Elyria is less family-centric than the surrounding county with 18.91% of the households containing married families with children. The county average for households married with children is 27.46%.
The median household income in Elyria, Ohio is $46,034. The median household income for the surrounding county is $62,390 compared to the national median of $69,021. The median age of people living in Elyria is 40.3 years.
Elyria Weather
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 38.9 inches per year, with 51.2 inches of snow per year.