Property summary
This exceptional 5,000-square-foot mixed-use building in Lorain, OH, presents a unique investment opportunity. Currently configured as a fully operational daycare center, the property is offered complete with all existing furnishings and equipment, making it ideal for immediate occupancy. The sale includes a substantial 0.46-acre lot providing ample space and 27 parking spots for clients and staff. A convenient loading bay enhances operational efficiency. Significant recent upgrades to the building's mechanical systems, encompassing HVAC, electrical, and plumbing, ensure long-term functionality and reduced maintenance costs. The flexible floor plan allows for continued use as a daycare or seamless conversion to office space or another mixed-use configuration. Located at 1801 Elyria Avenue, this property benefits from a prime location within the city of Lorain. This well-maintained building offers a rare chance to acquire a turnkey operation or a readily adaptable space for a new venture. The asking price is $500,000. This represents a compelling investment in a versatile commercial property with significant potential.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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