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Property profile & analytics
OFF-MARKET
Mixed-use properties

911 River St Elyria, OH 44035

10,978 SF 0.71 ac lot
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 911 East River Street Unit 911 in Elyria, OH, presents a unique investment opportunity. Spanning 10,978 square feet on a 0.71-acre lot, this established business is offered at an attractive price of $39,900. The property is situated in a thriving shopping strip with long-term tenants, offering excellent visibility and foot traffic. Its convenient location, minutes from downtown Elyria, ensures easy accessibility for customers. The business itself is a fully equipped nail salon, ready for immediate operation. Included in the sale are five complete pedicure chairs, five complete nail stations, three rolling caddies, a floor-style display unit, a washer and dryer, a sterilizer, a service lounge chair, a front desk with cash register, and an office with desk and chair. The business is essentially turnkey, with all necessary inventory, fixtures, and equipment already in place. The current lease agreement requires a minimum two-year term with a monthly rent of $1,500. This presents a rare chance to own a profitable, established business in a prime location at a remarkably affordable price. The property's size and location offer significant potential for future growth and expansion. This is an ideal opportunity for an entrepreneur seeking a ready-to-operate business with minimal start-up costs.

Property profile
Verified
Property type Mixed-use properties
Total area 10,978 SF
Lot 0.71 ac (30,928 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • K & J Wireless Electronics & Wireless Store
  • Elyria Metro Cellular Mobile Phone Store Electronics & Wireless Store
  • Anna's Beauty Bar Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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