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Property profile & analytics
OFF-MARKET
Banks

124 Middle Ave 100 Elyria, OH 44035-5657

7,019 SF Built 1920
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US66-5688558
Property summary
AI-generated overview

This stunning, newly renovated 1,510 square foot office suite is situated on the second floor of the Lorain County Bank Building in the heart of downtown Elyria, Ohio. Boasting a prime location overlooking Central Park, this property offers unparalleled visibility and accessibility. The suite features a spacious layout ideal for a variety of businesses, including flexible office space. A welcoming foyer provides an excellent opportunity to showcase your company branding. The interior has been meticulously updated, including a modern kitchenette and a recently renovated bathroom, ensuring a comfortable and professional environment for your team and clients. The 0.01-acre lot provides convenient access to the building. This exceptional office space presents a rare opportunity to establish your business in a highly desirable location within the vibrant downtown Elyria community. The building's elevator provides easy access to the second-floor suite. The property is priced at $90,000 and offers a significant upgrade for businesses seeking a prestigious address and a functional, attractive workspace. Don't miss this chance to elevate your business presence in a thriving urban setting. This is a move-in ready space, perfect for immediate occupancy.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1920
Total area 7,019 SF
APN 06-26-063-701-001
UPID US66-5688558
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kinlin Law Offices Law Firm
  • The Albenze Law Group LLC Law Firm
  • ATM Lorain National Bank Atm Bank
  • Law Offices of Matthew A. Bobrowski Law Firm
  • Denise G Wilms LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jgt Group LLC · 9 yrs held
Jgt Group LLC
since 2016
4 recorded transactions
2019
Price N/A
2016
Price N/A
2010
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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