1801 Elyria Ave Lorain, OH 44052
- Office buildings
- 6,258 SF
- 0.46 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1801 Elyria Ave
- Year built
- 1965
- Lot size
- 0.46 lot acres
- Property size
- 6,258 SF
- Property type
- Office buildings
- APN
- 02-01-003-150-008
- APU
- 201003150008
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $165,000
- ML approach
- $165,000
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Location Insight
- Map
- Local Demand
- City
- Lorain
- County
- Lorain
- State
- Ohio
- Longitude
- -82.1649
- Latitude
- 41.4546
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
