River Rd Elyria, OH 44035
- Office Properties & Spaces
- 5,420 SF
- 0.24 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 0 River Rd
- Lot size
- 0.24 lot acres
- Property size
- 5,420 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional two-story medical office building, totaling 5,420 square feet of net rentable space, presents a unique investment opportunity in Elyria, Ohio. Situated on a 0.24-acre lot (APN: 06-25-115-000-004), this property boasts a highly desirable location less than a block from UH Elyria Medical Center, placing it within the heart of the Elyria Trade Area and just east of downtown Elyria. The building's convenient location offers excellent visibility and accessibility for patients and staff. The property is currently configured as a medical office building, making it ideal for a variety of healthcare practices. Further enhancing its potential, an adjacent corner lot of 0.29 acres is available for purchase, along with two additional parcels totaling 0.21 acres, providing ample room for expansion or additional development. This presents a rare chance to acquire a well-situated medical office building with significant expansion possibilities in a thriving Ohio market. The asking price for this turnkey property is $295,000. This is a fantastic opportunity for investors seeking a strong return in a high-demand area.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Longitude
- -82.0868
- Latitude
- 41.3398
