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    3105 Grv Ave Lorain, OH 44055-2053
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    Property profile & analytics

    3105 Grv Ave, Lorain, OH 44055-2053

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    • Turn key restaurants
    • 5,628 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Nov 25, 2020
    $70,000
    Property ID
    US66-5507015
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 3105 Grv Ave

    Year built
    1950
    Lot size
    0.23 lot acres
    Property type
    Turn key restaurants
    APN
    03-00-094-111-001
    APU
    300094111001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 25, 2020 — Leos Enterprises LLC Maria T S Sanchez Warranty Deed · related —
    Mar 9, 2020 — Scottie Bowyer Elba I Ortiz Quit Claim Deed · related —
    Mar 9, 2020 $70,000 Maria T S Sanchez Scottie Bowyer Warranty Deed —
    Jul 20, 2012 — Scottie Bowyer Ortiz,elba I Quit Claim Deed · related —
    Sep 22, 2009 $50,000 Sonia Bowyer Lorain Natl Bk Warranty Deed —

    Description

    This exceptional investment opportunity presents a 5,628 square foot mixed-use building situated at 3105 Grove Avenue in Lorain, Ohio. The property is priced affordably at $135,000, offering significant potential for return on investment. The building's versatile layout allows for a variety of uses, making it ideal for both owner-occupancy and rental income generation. Its strategic location within Lorain provides convenient access to local amenities, transportation routes, and a growing community. The substantial square footage provides ample space for multiple businesses or a combination of commercial and residential uses, subject to local zoning regulations. This property is being offered as-is, and potential buyers are encouraged to conduct their own due diligence to assess the property's suitability for their intended purposes. Given the attractive price point and the building's size and location, this represents a compelling opportunity for investors seeking a strong foothold in the Lorain real estate market. The absence of land acreage (0 acres) indicates the building is likely situated on a lot shared with other structures or a smaller, urban lot. Further investigation into zoning and permitted uses is recommended. Serious inquiries are welcome.


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    Location Insight

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    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1195
    Latitude
    41.4422
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,462
    $13,836
    $30,216
    $44,052
    -
    $39,530
    $86,330
    $125,860
    More about this property
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