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

913 Lake Avenue, Elyria, OH 44035

CommercialSale, Elyria, OH

Property Size1,900 SF
Lot Size0.09 Acres
Price / SF$78.95
Days on Market2

Property Features for 913 Lake Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Retail
Rooms Basement
Parking 8
Parking features Parking Lot
Subdivision J B Boyntons Add
Elementary school district Elyria CSD - 4706
Middle school district Elyria CSD - 4706
High school district Elyria CSD - 4706
Directions Lake avenue near Bond
Standard status Active
APN 06-24-069-101-007
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BOYNTON 40 X 100 LOT # 4
Tax Annual Amount 1603
Legal Description BOYNTON 40 X 100 LOT # 4

Utilities

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

Building Details

Year built 1915
Number of units 2
Roof type Fiberglass, Asphalt
Listing Agency: EXP Realty, LLC.
Listed By: Mike Russo · License #2015003827
Added: Sep 3 Last Checked: Sep 4 at 4:06PM
MLS# 5242081

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.

Investment Insights

Based on property information with market context.

This approximately 1,900-square-foot storefront property contains two vacant commercial units within a building constructed in 1915. The interiors have been cleaned, freshly finished, and arranged with open floor plans, wood flooring, and separate bathrooms. A shared interior wall can be removed to combine the units into one larger commercial space, or retained for separate occupancy.

The property is located at 913 Lake Avenue in Elyria, with rear parking accessed from Bond Street. The site encompasses 0.09 acres and is served by public water and public sewer. Building systems include forced-air, natural-gas heating and central air conditioning, while the roof uses fiberglass and asphalt materials. A basement is also included.

Key Highlights

  • Approximately 1,900 square feet across two vacant commercial units
  • Flexible layout with a removable common wall between the units
  • Open interiors with wood floors and separate bathrooms

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Vacant commercial suites feature open interiors, wood floors, individual bathrooms, and dedicated rear parking.
Where is this storefront property located?
The property is located at 913 Lake Avenue 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; Flexible layout with a removable common wall between the units; Open interiors with wood floors and separate bathrooms
More about this property
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