206 Brg St Elyria, OH 44035-5221
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.
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Hale's & Kern's Cleaners (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.