626 Lorain Blvd Elyria, OH 44035
This impressive Elyria, Ohio property, located at 626 Lorain Boulevard, 44035, is offered at $325,000. The 1.25-acre lot encompasses eight parcels and features a 6,782 square foot, single-story brick building. The building boasts a central lobby connecting two bright, open rooms on either end. Additional features include multiple offices and restrooms. The west wing, a former sanctuary (2,520 sq ft), features 14-18 foot wooden beamed ceilings, a sound system, and pews. The east wing (3,120 sq ft) includes a kitchen with a sink, refrigerator, oven, and exhaust fan, along with two restrooms. Ample parking is available for approximately 50 vehicles, complemented by beautifully maintained green spaces in front and rear. The property has 182.5 feet of frontage and a depth of 300 feet. Zoned R-MD (Residential Medium Density District), permitted uses include educational institutions, group homes, non-commercial recreation, religious places of worship, and single-family dwellings. Conditional uses include bed and breakfasts and childcare facilities. The property is conveniently located approximately one mile from the Ohio Turnpike, offering excellent highway access.
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Mt Olivet Alliance Church Church
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Mount Olivet alliance church - Food Distribution Center Food Bank Charitable Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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