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Office Condominium with Elevator Access
New
For Sale
$199,995

124 Middle Avenue, Elyria, OH 44035

CommercialSale, Elyria, OH

Property Size1,782 SF
Lot Size0.01 Acres
Price / SF$112.23
Days on Market4

Property Features for 124 Middle Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Office
Subdivision Tokar Tower Office Condo
Elementary school district Elyria CSD - 4706
Middle school district Elyria CSD - 4706
High school district Elyria CSD - 4706
Directions Elyria Square Middle
Standard status Active
APN 06-26-063-701-015
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TOKAR TOWER OFFICE CONDOS UNIT 1000
Tax Annual Amount 3095
Legal Description TOKAR TOWER OFFICE CONDOS UNIT 1000

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1970
Listing Agency: Russell Real Estate Services
Listed By: William E Gallagher · License #407351
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 7:06PM
MLS# 5253116

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,782-square-foot office condominium occupies the building’s top floor. Its layout pairs open workspace with executive offices, and the space is partially furnished and decorated. Elevator access runs from the lobby directly to the office. The building dates to 1970 and has forced-air, natural gas heating and central air conditioning.

The property is in downtown Elyria, next to county offices and within walking distance of the courthouse and town square. The office has views of downtown and the surrounding landscape.

Key Highlights

  • 1,782‑square‑foot office condominium on the building’s top floor
  • Elevator access from the lobby directly into the office
  • Open office layout with executive offices

Property Analytics

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Open Analytics

Current Use

Kinlin Law Offices Law Firm The Albenze Law Group ... Law Firm ATM Lorain National ... Atm Law Offices of Matthew ... Law Firm Denise G Wilms ... Law Firm

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,143
Businesses Nearby

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A flexible professional suite combines open work areas with private executive offices in a downtown setting.
Where is this office unit located?
The property is located at 124 Middle Avenue Elyria, OH.
What is the asking price?
The asking price for this property is $199,995.
What are key features of this property?
This property features: 1,782‑square‑foot office condominium on the building’s top floor; Elevator access from the lobby directly into the office; Open office layout with executive offices
More about this property
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