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Elyria Office Building For Sale
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503 S Abbe Rd, Elyria, OH

Well-maintained office building with versatile business potential in Elyria, OH.

Property Size3,120 SF
Lot Size0.80 Acres
Price / SF$95.83
Days on Market490

Property Features for 503 S Abbe Rd

General Information

Standard status Active
Size 3,120 SF
Lot size 0.80 Acres
Property subtype OFFICE
Listing Agency: CBRE | Cleveland
Listed By: Mike Petrigan, SIOR
Source: Moodyscre
Added: Apr 7, 2025 Changed: Jul 6 Last Checked: Aug 9 at 1:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Cleveland

Investment Insights

Based on property information with market context.

This well-maintained, one-story office building, constructed in 1995, offers 3,120 square feet of space on a 0.80-acre lot. The property is zoned LI – Light Industrial District and features a new roof. The interior layout includes 10 offices, a conference room, and a stock room. Parking is available with 20 spaces. The location provides convenient access, situated less than half a mile from Highway 57 and approximately 4 miles (10 minutes) from I-80 (Ohio Turnpike). It is also located 25 minutes from the Cleveland Hopkins International Airport and 1.2 miles from UH Elyria Medical Center. Neighboring businesses include Elyria Vision Center, Ohio Metallurgical Services, Firestone, and Lorain County Port Authority. The property is suitable for various businesses, including financial services, insurance, law firms, counseling services, and marketing or sales offices.

Key Highlights

  • Excellent Location: Less than half a mile to Highway 57, 4 miles to I‑80, and 25 minutes to Cleveland Hopkins International Airport.
  • Versatile Building: Suitable for various businesses.
  • Ample Parking: 20 parking spaces available.

Property Analytics

Current Use

Billings & Company, CPAs Tax Preparation Blaszak Joseph CPA Accounting Firm Blaszak & Humphrey Accounting Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic 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

150
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building with versatile business potential in Elyria, OH.
Where is this office building located?
The property is located at 503 S Abbe Rd Elyria, OH.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Excellent Location: Less than half a mile to Highway 57, 4 miles to I‑80, and 25 minutes to Cleveland Hopkins International Airport.; Versatile Building: Suitable for various businesses.; Ample Parking: 20 parking spaces available.
(216) 363-6435 Call to check price and availability
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