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Two-Unit Storefront Building
New
For Sale
$150,000

913 Lake Ave, Elyria, OH 44035

Vacant commercial space with open layouts, wood floors, private bathrooms, and rear parking.

Property Size1,900 SF
Price / SF$78.95
Days on Market1

Property Features for 913 Lake Ave

General Information

Standard status Active
Size 1,900 SF
Property subtype Retail

Additional Details

Road Access Yes

Amenities

dedicated rear parking

Building Details

Building Size 1,900 SF
Year Built 1915
Buildings 1
Tenancy Multi
Listing Agency: eXp Commercial - OH
Listed By: Christopher Millhorn · License #OH #SAL.2021005314
Source: 7s
Added: Sep 6 Last Checked: Sep 6 at 3:56AM

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 eXp Commercial - OH

Investment Insights

Based on property information with market context.

This two-unit storefront property offers approximately 1,900 square feet of vacant commercial space on Lake Avenue. The interiors have been freshly prepared with open floor plans, wood flooring, and separate bathrooms for each unit, providing a clean starting point for customization. A common wall separates the spaces and can be removed to create a larger unified layout, or retained for separate occupancy.

The property includes dedicated parking behind the building, with access from Bond Street. Its Lake Avenue setting places the storefronts along a visible commercial corridor in Elyria, Ohio. The building’s prior occupants included a plumbing and heating company and a neighborhood barber shop.

Key Highlights

  • Approximately 1,900 square feet across two vacant commercial units
  • Open interiors with wood floors and independent bathrooms
  • Common wall can be removed to form one larger commercial layout

Property Analytics

Current Use

Central Heating & AC ... HVAC Service

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Parking Lot & Garage Electrical Service

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

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 77% Dining 23%
Family Dollar Shops & Services
6,278 visits/mo 0.5 miles
Marathon Petroleum Shops & Services
2,408 visits/mo 0.4 miles
SUBWAY Dining
1,722 visits/mo 0.3 miles
Mr Hero Dining
894 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Vacant commercial space with open layouts, wood floors, private bathrooms, and rear parking.
Where is this storefront property located?
The property is located at 913 Lake Ave Elyria, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Approximately 1,900 square feet across two vacant commercial units; Open interiors with wood floors and independent bathrooms; Common wall can be removed to form one larger commercial layout
More about this property
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