200 Winckles St Elyria, OH 44035-6130

This Elyria, Ohio property offers an exceptional value-add investment opportunity. Priced at $199,000, this offering encompasses two vacant buildings totaling 3,120 square feet on a 0.51-acre lot. The buildings, constructed in 1953, feature 11-foot ceilings, two drive-in doors per building, and 3-phase power. One building measures approximately 1,200 square feet, while the other is approximately 1,920 square feet. Included in the sale are a car lift and paint spray booth. The property is zoned L-1/R-TH, allowing for diverse uses, including automotive, manufacturing, and wholesaling. Previous rental income was $3,500 per month. Ample off-street parking is available. An additional 0.13-acre vacant lot zoned R-TH is included, presenting the potential for the construction of a two-family home. The property's location in Elyria's main industrial district ensures high visibility and accessibility. The asking price per square foot is $63.78, and the price per unit is $99,500. This versatile property presents a unique opportunity for owner-occupancy, partial leasing, or a fully leased cash-flowing investment. The property's APN numbers are 0625016106001, 0625016106002, 0625016106003, and 0625016106004.