1301 Brownell Ave - Service FOR SALE


Lorain, OH 44052
$85,000 USD
440-201-9850
1301 Brownell Ave, Lorain, OH for Sale
$85,000 USD
Service - FOR SALE
1/29
null | Request Cap Rate

1301 Brownell Ave
Lorain, OH 44052


HIGHLIGHTS

  • Newly refinished flooring.
  • Recent installation of LED lighting.
  • New Roof

OVERVIEW

**Property Overview:** Presenting a versatile multi-use retail property situated in Lorain. This distinctive property encompasses a total of 2,492 square feet across two buildings, formerly operated as a motorcycle repair shop. The offering includes 760 square feet in the garage and 1,732 square feet in the main building, providing flexible space for a range of applications. Additionally, this property offers an exceptional opportunity for e-commerce businesses, featuring ample storage space and a secure, well-constructed building. **Recent Updates:** The property has undergone significant improvements. Most of the electrical systems in the main building have been updated, including the installation of LED lighting, a new roof, newly refinished flooring, updated bathroom and painting. **Due Diligence** Prospective buyers are encouraged to conduct their own due diligence to verify all aspects of the property, including zoning, condition, and suitability for specific business purposes. The property is being sold as-is, and all potential uses should be confirmed with the local authorities. The seller makes no representations regarding future suitability for any specific use. This is an excellent opportunity to acquire a well-maintained property with flexible space, ready for immediate use.

FOR SALE DETAILS

PRICE

$85,000 USD

PRICE/SF

$34 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13

LAND SF

5,663

ZONING

-

APN/PARCEL ID

02-02-025-103-031

ASK ABOUT THIS PROPERTY

Jeff RussellRussell Real Estate ServicesMore Info
440-201-9850

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Jeff RussellRussell Real Estate ServicesMore Info
440-201-9850

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.