This versatile property features two buildings on a well-positioned lot with excellent street visibility. The first building is a retail space, ideal for a storefront or office, offering high foot and vehicle traffic. The second building is a residential house, perfect for rental income or on-site living, though it requires some TLC to reach its full potential. Whether you're an investor or entrepreneur, this property offers great flexibility and strong income potential. Don't miss out on this unique opportunity!
Welcome to 136 Brunswick Drive in Elyria. This very well maintained 6 unit with great curb appeal is ready for its new owner. Five 2/1 and One 1/1, all with large bedrooms and living rooms. All units have their own furnace, hot water tank, and central air unit (roof). Coin operated laundry is available for the tenants. Black top driveway and parking lot with 12 parks spaces. Flat roof was recently recoated, partial brick exterior, and double pane windows.
Attention investors! This prime Elyria property offers incredible potential with easy access to downtown, located on 0.22 acres across two lots that border residential and industrial areas. The 1,600 sqft single-family home features 3 bedrooms, 1.5 baths, and a 4-car garage equipped with electricity and storage. While the house needs renovations, it’s a perfect opportunity to add value. Zoned as Business Neighborhood, this legacy single-family home can remain residential or potentially be converted for commercial use. There is also a separate listing for contiguous parcels that could provide an additional 0.65 acres, creating even more income opportunities. Don’t miss out on this versatile investment!
Attention investors! This unique property offers a prime opportunity in Elyria with easy access to downtown, bordering both residential and industrial areas. Spanning 0.65 acres across five contiguous lots, it includes a profitable 4-bay, self-service carwash, plus two single-family homes. The first home is a well-maintained 1,300 sqft residence with a 2-car garage, while the second home requires a complete renovation or rebuild, providing a great value-add opportunity. Zoned as Business Neighborhood, these legacy single-family homes can continue as residential properties or potentially be converted for commercial use. If that wasn’t enough, there is a contiguous .22 acre, single family property that is also available and listed separately. With a strategic location and multiple income streams from rental potential and the carwash, this property is a versatile investment ready for a creative buyer. Don’t miss the chance to own this multi-use opportunity!
Unlock the potential of a prime investment opportunity at 42255 Butternut Ridge Rd, Elyria. This mixed use building offers vast possibilities for the savvy investor, business owner, or home owner strategically positioned on an expansive 2.87-acre lot. With a floor size of over 10,000 sq ft, this space is gutted and presents a blank canvas to create the venture of your dreams. Don’t let this exceptional opportunity pass by. Secure your future with this versatile property, poised for transformation with your vision at the helm. Contact us today to schedule a private viewing, and take the first step towards making your goals a reality. Per the township, this property is zoned residential and will not be able to be used as commercial without going through re-zoning. Since the county still shows as commercial, this is why it is listed as such.
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.
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.
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.
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!
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.
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!
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.
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.
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!
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.
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!!
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.
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.
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!!
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!
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.
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.
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.
The current building for Thomas Radiator is now for sale. Located on a dead end street in the heart of Elyria. This building is offering around 5500 square footage for your new business needs. The space is already sectioned off into a front customer entrance, an office with a restroom, and then an extra large garage spaces. The building has five separate garage lifts for a variety of mechanical needs or wants in the space. 3 phase electric is already located in the building as well. The large outside lot offers tons of parking availability or storage for your new business. The current owners are willing to negotiate all of the mechanicals and tools located within the building along with the sale. Buyers to do their own due diligence.
1 lot with 4 Parcels. 470' on Fowl and 511' on West Ridge All services to property 6+ Acres
The median home value in Elyria, OH is $189,500. 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 $189,500. 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.
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.