401-423 Cleveland St Elyria, OH 44035
This exceptional 3,000-square-foot retail space is available for lease at 401-423 Cleveland Street in Elyria, Ohio. Located in Lorain County, this single-tenant property sits on a generous 5-acre lot, providing ample parking for customers and employees. The entire 3,000 square feet is currently vacant, presenting a unique opportunity for a business seeking a prominent location with high visibility. The property is classified as commercial retail and offers a substantial footprint ideal for a variety of retail ventures. The address is easily accessible, ensuring convenient access for patrons. The building's size and the expansive parking area make it particularly suitable for businesses requiring significant space and convenient customer parking. This property represents a rare opportunity to establish a strong retail presence in a desirable location within Elyria. The large lot size offers potential for future expansion or outdoor display areas, further enhancing the property's appeal. The property's location in Lorain County, Ohio, provides access to a robust local market. The zip code is 44035. This is a turnkey opportunity for a business seeking immediate occupancy in a well-situated retail space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.