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    418 E Broad St Elyria, OH 44035

    For Lease
    $2,500 /Mo ($1.32 SF/Yr)

    COMMERCIAL - Elyria, OH

    Type:Office
    Lot size:
    0.52 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 418 E Broad St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    06-25-016-107-032
    Parking features
    Parking Lot
    Lot size
    0.52 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Forced Air, Baseboard
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1970
    Floors in Building
    2
    Roof type
    Asphalt, Fiberglass

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent James C Cain (440) 864-3705 License #2013001496

    Listing date Oct 1, 2025

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elyria Commercial Space For Lease

    This commercial space in Elyria, Ohio, is available for lease. The layout includes a small foyer and a lobby near the front desk area. There are six offices or exam rooms, with two measuring 10 x 10 and the other four measuring 10 x 8. Most of these rooms are equipped with wash sinks and cabinetry. Additionally, the space features a kitchen area with cabinetry and a sink, along with two bathrooms and a utility room. New life-proof vinyl flooring has been installed throughout the space. An unfinished upstairs section is available, which can be used for storage or finished for additional office space. The property is situated on a 0.52-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    M Elaine Krosse ... Podiatrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.089768
    Latitude
    41.367394

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    FAQs

    What type of property is this?
    Medical office - Commercial space in Elyria featuring offices, kitchen, and storage.
    Where is this medical office located?
    The property is located at 418 E Broad St Elyria, OH.
    What is the lease rate?
    The lease rate is $1.32 SF/Yr.
    What are key features of this property?
    This property features: - Six offices/exam rooms, most with wash sinks and cabinetry.; - New life-proof vinyl flooring throughout the space.; - Kitchen area with cabinetry and sink.
    (440) 864-3705
    Request Owner's contact information
    418 E Broad St Elyria, OH 44035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    418 E Broad St Elyria, OH 44035
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