225 East Ave Elyria, OH 44035
79,851 SF warehouse and office building for sale.
Property size:
79,851 SFLot size:
2.63 AcresProperty Features for 225 East Ave
General Information
- Size
- 79,851 SF
- Lot size
- 2.63 Acres
Source:
Moodyscre
Listing Agent: Sheila Miu
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Elyria Warehouse and Office Space
This property offers approximately 79,851 square feet of space, including a first floor with approximately 49,029 square feet, divided into approximately 28,429 square feet of warehouse space and approximately 20,600 square feet of office space. The second floor provides approximately 8,557 square feet, and the basement offers approximately 20,348 square feet. The building features frontage of approximately 365 feet on East Avenue, approximately 362 feet on 2nd Street, and approximately 274 feet on 3rd Street. It is equipped with high power 3-phase, 3,000 AMPS, 480 V, and a back-up CAT generator. Loading and access are facilitated by 2 docks, 1 drive-in door, and 8 box truck doors. The property is sprinklered throughout and includes 93+ parking spaces. Zoned BD (Business Downtown), it is located in an Enterprise Zone with access to business incentive programs. Highway access is convenient, with I-90 located 4 miles away and the Ohio Turnpike 3 miles away. There is an income opportunity for a sales leaseback, as the current tenant desires a long-term lease of approximately 28,000 square feet of office space.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
The Chronicle Telegram
Newspaper Publisher
Location Insight
- Map
- Local Demand
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Longitude
- -82.1051502
- Latitude
- 41.3662323
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 79,851 SF warehouse and office building for sale.
Where is this office building located?
The property is located at 225 East Ave Elyria, OH.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: - High power: 3-phase, 3,000 amps, 480 V with back-up CAT generator.; - Income opportunity: Potential sales leaseback with current tenant desiring long-term lease of ±28,000 SF of office space.; - Located in an enterprise zone with business incentive programs.