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    41981 N Ridge Rd Elyria, OH 44035

    For Lease
    $1,895 /Mo ($2 SF/Yr)

    COMMERCIAL - Elyria, OH

    Type:Retail
    Lot size:
    0.20 Acres
    Days on Market:
    85
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 41981 N Ridge Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    APN
    06-22-018-102-002
    Parking features
    Garage
    Lot size
    0.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900

    Market First Real Estate Services (440) 724-9455 [email protected]

    Listing agent John H Fitch (440) 213-6556 License #2001001517

    Listing date Sep 21, 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

    Retail/Office Space in High-Traffic Area

    This commercial property, zoned for retail, offers excellent visibility in a high-traffic area convenient to Lorain and Elyria, and a short distance from Amherst and Sheffield. The 1,720-square-foot space includes a showroom, offices, a conference area, a kitchen, and two bathrooms, one of which has a shower. Central air conditioning is installed. A two-car garage with a remote opener is also included. The tenant is responsible for utilities, while the owner covers taxes and insurance on the building. There is ample parking available. Previously used as an exterminating company, the location is suitable for various businesses, including pet grooming, a martial arts studio, retail sales such as a flower shop, or professional offices.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Central Exterminating Pest Control Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.135637
    Latitude
    41.417896

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    FAQs

    What type of property is this?
    Retail space - Versatile commercial space with showroom, offices, and convenient location.
    Where is this retail space located?
    The property is located at 41981 N Ridge Rd Elyria, OH.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location with excellent visibility, convenient to multiple cities.; - Zoned retail, suitable for various business types.; - 1,720 sq ft space includes showroom, offices, conference area, kitchen, and two bathrooms (one with shower).
    (440) 213-6556
    Request Owner's contact information
    41981 N Ridge Rd Elyria, OH 44035
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    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
    41981 N Ridge Rd Elyria, OH 44035
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