1801 Elyria Ave - Office FOR SALE


Lorain, OH 44052
$500,000 USD
440-327-6511
1801 Elyria Ave, Lorain, OH for Sale
$500,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

1801 Elyria Ave
Lorain, OH 44052


OVERVIEW

This versatile commercial property offers approximately 5,000 square feet of flexible space, currently operating as a fully equipped daycare center. With all furnishings and daycare equipment included in the sale, the building is move-in ready for continued use in childcare services or easily adaptable for conversion to an office or mixed-use facility. Key features include a convenient loading bay, 27 parking spaces, and extensive mechanical updates, including HVAC, electrical, and plumbing systems. Whether you’re looking to expand an existing business or establish a new venture, this property provides a rare opportunity to secure a well-maintained and thoughtfully updated building in a prime location. Many mechanical updates including electric, HVAC, and plumbing/bathrooms since being purchase in the summer of 2024. Age and square footage of the building unverified and buyer should conduct their own due diligence. Property is also list for lease at MLS#5095608.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

-

APN/PARCEL ID

02-01-003-150-008

ASK ABOUT THIS PROPERTY

Bob BergmannRussell Real Estate ServicesMore Info
440-327-6511

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Bob BergmannRussell Real Estate ServicesMore Info
440-327-6511

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