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    5380 N Abbe Rd Elyria, OH 44035

    For Lease
    $10,000 /Mo ($2 SF/Yr)

    COMMERCIAL - Elyria, OH

    Lot size:
    1.22 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 5380 N Abbe Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    03-00-011-102-129
    Lot size
    1.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900

    CENTURY 21 Asa Cox Homes (440) 639-0002 [email protected]

    Listing agent Stacy L Pandy (440) 328-6422 License #2019004462

    Listing date Jun 16, 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

    Former Bank Building with Drive-Thru

    This commercial space, formerly a bank, is ideally located near LCCC, I-90, and major thoroughfares. The building offers high visibility, ample parking, and flexibility for various business uses. It features a secure walk-in vault suitable for storage or specialty business needs, and a drive-thru window for customer service. The spacious floor plan is ideal for professional or retail configurations, complete with private offices, a conference room, a lunch room, and restrooms. There is abundant parking for staff and clientele, and excellent signage opportunities in a high-traffic area. The property is situated minutes from I-90 and the Ohio Turnpike, benefiting from strong local demographics and commuter traffic. Approved uses may include accounting or financial services, medical, dental, or health services, education or tutoring center, employment or staffing agency, office supply or professional office, real estate or travel services, jewelry or gift shop, health food or specialty retail, and advertising, marketing, or creative studio. The lot size is 1.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    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
    -82.077721
    Latitude
    41.419359

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    FAQs

    What type of property is this?
    Bank - Versatile commercial space near LCCC, I-90, and major thoroughfares.
    Where is this bank located?
    The property is located at 5380 N Abbe 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-visibility location near LCCC, I-90, and major thoroughfares.; - Versatile space suitable for various business types (office, retail, medical, etc.).; - Secure walk-in vault for storage or specialty business needs.
    (440) 328-6422
    Request Owner's contact information
    5380 N Abbe Rd 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
    5380 N Abbe Rd Elyria, OH 44035
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