46400 Telegraph Rd Amherst, OH 44001-2856

Property Details for 46400 Telegraph Rd

Year built

1974

Lot size

1.84 lot acres

Property size

20,632 SF

Property type

Retail space

APN

05-00-029-000-086

APU

500029000086

Description

This exceptional 1.84-acre property located at 46400 Telegraph Road in Amherst, Ohio, presents a remarkable investment opportunity. The substantial multi-use building offers significant potential for a variety of commercial ventures. Currently, a portion of the building generates income through a successful retail store tenant and a separate storage area. A large section of the building, previously used as a church, provides ample space for redevelopment. This area could be easily adapted to accommodate a range of uses, including additional retail space, office space, or even event spaces such as reception halls. The existing retail tenant and storage area provide a stable income stream, while the expansive adaptable space offers significant upside potential for future growth and expansion. The property's size and versatility make it an ideal investment for entrepreneurs and developers seeking a high-return opportunity in a desirable location. The building's substantial size and diverse layout offer flexibility for a wide range of commercial uses, making it a truly unique and promising investment prospect. The current rental income provides a solid foundation for future development, while the potential for expansion and diversification ensures a strong return on investment. This is a rare opportunity to acquire a large, versatile commercial property with significant income potential and a prime location in Amherst, Ohio. The asking price is $449,000.

Location Insight

City

Amherst

County

Lorain

State

Ohio

Longitude

-82.2219

Latitude

41.3631

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments