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    Elyria, OH

    Elyria, OH Commercial Real Estate for Sale

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    Elyria Warehouse and Office Space
    Updated: Nov 24, 2025
    Elyria Warehouse and Office Space

    225 East Ave, Elyria, OH

    $3,745,000
    79,851 sqft 2.63 AC lot
    High power: 3‑phase, 3,000 amps, 480 V with back‑up CAT generator.
    Income opportunity: Potential sales leaseback with current tenant desiring long‑term lease of ±28,000 SF of office space.
    Located in an enterprise zone with business incentive programs.
    Excellent highway access: 4 miles to I‑90, 3 miles to Ohio Turnpike.
    Significant frontage: ±365’ on East Avenue, ±362’ on 2nd Street, ±274’ on 3rd Street.
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    This listing looks promising.

    Here's a quick look at some key insights for

    225 East Ave, Elyria, OH

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $302K
      Annual

    • Mortgage

      $2.06M
      Jan 2015

    • Property Type

      Office Building
      Built 1951
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    Mixed-Use Building with Apartment
    Updated: Apr 27
    Mixed-Use Building with Apartment

    229 5th Street, Elyria, OH 44035

    $185,000
    2,207 sqft 0.21 AC lot
    Mixed‑use property at 229 5th St in Downtown Elyria with a former chiropractic office on the first floor.
    Second‑floor living space includes a 2‑bedroom, 1‑bath apartment.
    Zoned for mixed use, offering options for owner‑occupant or multi‑unit conversion.
    Separate HVAC and hot water systems for commercial and residential spaces.
    Parking lot on Barres St plus a private driveway off 5th St for multiple ingress/egress points.
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    Car Wash Property with Dual Entrances
    Car Wash Property with Dual Entrances

    827 Middle Avenue, Elyria, OH 44035

    $198,900
    0.46 AC lot

    Car wash site with multiple bays and an attached utility/office area, served by south and north access points.

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    Three-Office Suite with Break Room
    Three-Office Suite with Break Room

    5321 Meadow Lane Court, Sheffield Village, OH 44035

    $99,900
    0.02 AC lot

    Compact office space with three offices, two bathrooms, and a dedicated waiting and break area in Sheffield Village.

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    Freestanding Restaurant Building For Sale
    Freestanding Restaurant Building For Sale

    5274 Abbe Rd N, Sheffield Village, OH 44035

    $2,100,000
    4,914 sqft 1.44 AC lot

    4,914 SF restaurant on 1.44 AC lot in Sheffield Village.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    43033 N Ridge Road, Elyria, OH 44035

    $75,000
    2.50 AC lot

    A multi-parcel site with strong road access, suited for storage, offices, or commercial development concepts.

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    Professional Office Condo
    Professional Office Condo

    5319 Meadow Lane Court, Sheffield Village, OH 44035

    $285,000
    0.06 AC lot

    Custom office condo with separate public and private entrances, built for patient or client-facing professional use.

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    Land Available in Elyria, Ohio
    Land Available in Elyria, Ohio

    Skyline Drive lot: 32, Elyria, OH 44035

    $54,900
    0.20 AC lot

    Land for sale in Elyria, Ohio with 0.20 acres.

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    Free-Standing Restaurant Building
    Free-Standing Restaurant Building

    1519 West River Rd North, Elyria, OH 44035

    $150,000
    10,583 sqft 3.67 AC lot

    Vacant second-generation restaurant on a hard-corner intersection with substantial parking and two curb cuts for flexible use.

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    Fenced Commercial Buildable Lot
    Fenced Commercial Buildable Lot

    1240 Lowell Street, Elyria, OH 44035

    $49,900
    0.54 AC lot

    Buildable commercial lot offers a fenced, partially cleared front area with gated access for site planning.

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    Land For Sale, Elyria, OH
    Land For Sale, Elyria, OH

    259 Samuel Street, Elyria, OH 44035

    Contact for pricing
    0.48 AC lot

    Commercial land available in Elyria, Ohio.

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    Multi-Tenant Shopping Center For Sale
    Multi-Tenant Shopping Center For Sale

    825 Cleveland St, Elyria, OH 44035

    $1,150,000
    79,579 sqft 7.42 AC lot

    79,428 SF shopping center with redevelopment potential in Elyria, OH.

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    Two-Story Retail and Apartment Building
    Two-Story Retail and Apartment Building

    436 Cleveland Street, Elyria, OH 44035

    $199,900
    0.26 AC lot

    First-floor retail/office with enclosed porch plus a 2-bedroom, 2-bath apartment above.

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    Versatile Church, School, and Parsonage
    Versatile Church, School, and Parsonage

    11233 Lagrange Rd, Elyria, OH 44035

    $795,000
    11,912 sqft 3.00 AC lot

    Multi-functional property with endless development possibilities on 3 acres.

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    Elyria Office Building For Sale
    Elyria Office Building For Sale

    620 E River St, Elyria, OH

    $1,100,000
    38,531 sqft 9.00 AC lot

    Office building with high traffic and downtown proximity.

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    Multi-Building Religious and Retail Property
    Multi-Building Religious and Retail Property

    1611 Middle Avenue, Elyria, OH 44035

    $195,000
    5,584 sqft

    Two separate buildings offer flexible space for religious use, retail, or community-serving operations.

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    Former Church and Retail Buildings
    Former Church and Retail Buildings

    1611-1621 Middle Ave, Elyria, OH

    $195,000
    5,584 sqft 0.40 AC lot

    Two buildings in high-visibility area, priced to sell.

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    Freestanding Industrial Building For Sale
    Freestanding Industrial Building For Sale

    561 Ternes Ave, Elyria, OH 44035

    $1,220,000
    15,496 sqft

    Industrial building with manufacturing and assembly space, accessible location.

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    Freestanding Auto Service Center For Sale
    Freestanding Auto Service Center For Sale

    42483 N Ridge Rd, Elyria, OH

    $550,000
    2,881 sqft 0.52 AC lot

    2,881 SF auto service center on a corner lot.

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    Elyria Mixed-Use Investment Opportunity
    Elyria Mixed-Use Investment Opportunity

    154 Woodbury St, Elyria, OH 44035

    $269,000
    3,552 sqft

    Mixed-use property with commercial space, residential units, and warehouse.

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    Updated Retail Property For Sale
    Updated Retail Property For Sale

    433 Oberlin Rd, Elyria, OH 44035

    $199,900
    3,300 sqft

    High-traffic retail property with updates and proven commercial use.

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    Medical Office Building Near UH
    Medical Office Building Near UH

    507 E River St, Elyria, OH

    $295,000
    5,420 sqft 0.20 AC lot

    Two-story, 5,420 SF medical office building for sale.

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    Prime Land Near Highway Access
    Prime Land Near Highway Access

    1845 Lorain Boulevard, Elyria, OH 44035

    Contact for pricing
    2 sqft 2.00 AC lot

    Two-acre commercial land with highway access and development potential.

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    Elyria Office Building For Sale
    Elyria Office Building For Sale

    503 S Abbe Rd, Elyria, OH

    $299,000
    3,120 sqft 0.80 AC lot

    Well-maintained office building with versatile business potential in Elyria, OH.

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    Elyria, OH Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Elyria, OH, showcased through 52 active listings on our real estate platform. These investment opportunities span a total of 305,137 square feet of properties for sale, with an estimated market value of $58,937,812.

    Sale prices for business properties in Elyria, OH start at $66,000, averaging $2,806,562, and reaching up to $44,500,012 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 110K
    Population Growth (5Y) +3.5%
    Median Household Income $69,523
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

    Identify Elyria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44035 $2.2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Elyria fall within the 100,000+ square foot range.

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