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Property profile & analytics
OFF-MARKET
Turn key restaurants

360 Brg St Elyria, OH 44035-5349

1,392 SF 0.72 ac lot Built 1952
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-1837615
Property summary
AI-generated overview

This exceptional retail property, located at 360 W Bridge in Elyria, Ohio, presents a compelling investment opportunity. Situated on a half-acre lot, this property offers significant potential for a variety of retail businesses. The building's size is not currently specified, allowing for flexibility in tenant improvements and customization to suit specific business needs. The strategic location on W Bridge ensures high visibility and accessibility, benefiting from substantial foot and vehicle traffic. The asking price of $375,000 represents a competitive entry point into the thriving Elyria market. This property is ideal for entrepreneurs seeking a well-positioned space to establish or expand their retail operations. Its prime location and ample land provide opportunities for expansion or outdoor display areas, enhancing the overall appeal and functionality of the business. The absence of specified square footage allows for creative design and layout to maximize the space's potential. Serious inquiries are encouraged to explore this promising retail investment. The property's location in Elyria, OH offers access to a strong local customer base and convenient transportation links. This is a rare opportunity to acquire a well-situated retail property in a desirable location at an attractive price.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1952
Total area 1,392 SF
Lot 0.72 ac (31,363 SF)
APN 06-24-107-000-009
UPID US66-1837615
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
  • Basil's Lounge Bar & Pub
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
Ihomegroup LLC · 3 yrs held
Ihomegroup LLC
since 2022
Last sale
$100,000
1 recorded transaction
2022
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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