For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

1412 West Ave Elyria, OH 44035

For Sale
$189,000

Prime Retail Space & Rental Income

Property size:
2,072 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional Elyria property offers a newly renovated 2,072 sq ft retail storefront with three income-generating apartments above. Situated on a spacious 0.13-acre lot, the building features ample parking and a convenient turnaround driveway. The retail space is bright and inviting, boasting abundant natural light from new front windows, a half bath, and a large storage area with independent access. Recent upgrades include a power wash exterior cleaning, new exterior doors, and a freshly repaired blacktop driveway. Electrical systems have been modernized with new panels for each unit and the storefront, and new hot water tanks have been installed. Upstairs, you'll find two one-bedroom apartments and one two-bedroom apartment, all freshly painted with new light fixtures and flooring. The basement provides additional storage space and has also received a fresh coat of paint. This property presents a unique opportunity to combine business ownership with a reliable stream of rental income, making it an attractive investment. The combination of a well-maintained retail space and multiple updated apartments makes this a truly versatile and profitable property. The location offers excellent visibility and accessibility, further enhancing its investment potential.

Property Features for 1412 West Ave

General Information

Property type
Retail properties
Square Feet
2,072 SF
Lot Size
5,663 SF

Building Details

Year Built
1900

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail properties

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
-82.1105
Latitude
41.35301

FAQs

What type of property is this?
Retail property - Prime Retail Space & Rental Income
Where is this retail property located?
The property is located at 1412 West Ave Elyria, OH.
What is the asking price?
The asking price for this property is $189,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message