Property summary
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
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store
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Mobile Phone Store Electronics & Wireless Store
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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