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Property profile & analytics
OFF-MARKET
Individual retail properties

206 Brg St Elyria, OH 44035-5221

3,833 SF 0.39 ac lot Built 1950
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US66-0077134
Property summary
AI-generated overview

This exceptional mixed-use property, located at 206 E Bridge Street in Elyria, Ohio, presents a compelling investment opportunity. Situated on a 0.39-acre lot, the building offers significant potential for a variety of commercial ventures. Its prime location ensures high visibility and accessibility, benefiting from substantial foot and vehicle traffic. The building itself is substantial in size, though precise square footage is unavailable at this time. A key feature is the inclusion of a three-bedroom apartment on the second level, providing additional income potential or housing for business owners. This versatile property is ideally suited for entrepreneurs seeking a blend of commercial space and residential accommodation. The asking price of $144,900 makes this an attractive proposition for investors seeking a strong return on their investment. The property's location on a busy street guarantees excellent exposure, making it an ideal platform for a thriving business. Serious inquiries are encouraged to explore the full potential of this unique opportunity. Don't miss out on this chance to own a piece of Elyria's vibrant commercial landscape.

Property profile
Verified
Property type Individual retail properties
Use group DRY CLEANER
Year built 1950
Total area 3,833 SF
Lot 0.39 ac (16,988 SF)
APN 06-25-059-000-005
UPID US66-0077134
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
  • Hale's & Kern's Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Daenam Kim · 21 yrs held
Daenam Kim
since 2005
1 recorded transaction
2005
$120,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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