41957 N Ridge RD

Elyria,OH 44035

$ 325000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Wilbur Heights

MLS Listing ID 5105267

Year Built 1920

Annual Tax Amount $6,875

Tax Year 2024

Lot Size 0.860 Acres

Property Sub-Type Retail

Property Description

Prime Income-Generating Commercial Property
Seize this incredible investment opportunity! This versatile property features a 7,092 sq. ft. main building divided into three distinct spaces: a rear unit (3,452 sq. ft.), plus center and front units (each 1,800 sq. ft.) with upstairs offices. A garage and a newly renovated single-family home add even more potential.
Currently, the large and center spaces and garage are leased, generating $2,550/month in rental income, with room to increase earnings. Located in a high-traffic commercial area with ample parking, this property is perfect for continued rental income or launching your own business. Don't miss this prime opportunity—schedule a showing today!

Location

State OH

County Lorain

Interior

Heating Forced Air,Gas

Cooling Wall Unit(s)

Exterior

Parking Features Additional Parking,Direct Access,Paved

Roof Type Asphalt,Fiberglass

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Elyria Csd - 4706

Others

Special Listing Condition Standard

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