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    2040 Midway Mall Elyria, OH 44035

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    For Lease
    Contact for pricing

    Retail space available in Midway Mall, Elyria, OH.

    Property size:
    6,629 SF
    Lot size:
    1.54 Acres

    Property Features for 2040 Midway Mall

    General Information

    Size
    6,629 SF
    Lot size
    1.54 Acres

    Source: Mason Asset Management - Corporate Agent Igal Nassim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Midway Mall

    This 6,629 square foot retail space is located in Midway Mall in Elyria, Ohio. The property offers prime visibility along Lorain Boulevard and West River Road. It is strategically located between I-80 and I-90, 15 miles west of Cleveland. Surrounding retailers include At Home, Regal Cinemas, Burlington Coat Factory, Planet Fitness, Toys R Us, Dick’s Sporting Goods, Target, and Home Depot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.109223
    Latitude
    41.394383

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    FAQs

    What type of property is this?
    Retail space - Retail space available in Midway Mall, Elyria, OH.
    Where is this retail space located?
    The property is located at 2040 Midway Mall Elyria, OH.
    What are key features of this property?
    This property features: - Prime visibility along Lorain Blvd. & W. River Rd.; - Strategically located between I-80 & I-90.; - 15 Miles West of Cleveland
    (516) 371-5858
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    2040 Midway Mall 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
    2040 Midway Mall Elyria, OH 44035
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