You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Investment properties

632 Cleveland St Elyria, OH 44035-4104

3,588 SF 0.37 ac lot Built 1835
Individually Owned 1-yr Hold Free & Clear
Property ID
US66-2183942
Property summary
AI-generated overview

This prime Elyria, Ohio commercial property at 632 Cleveland Street presents a unique investment opportunity. The 0.37-acre lot houses a beautifully designed, historic-style brick building ideal for various uses, including office space, retail, or a mix of both. Previously utilized as a chiropractic/doctor's office, the building retains exam rooms and features two entrances, excellent street visibility, and ample parking for over 20 vehicles. The main building offers a large space potentially divisible into two units, along with a private laundry room and separate utilities. Three additional rental units are included, two currently occupied by long-term tenants, generating potential rental income exceeding $4000. A large basement, previously used as a residential rental, boasts two kitchens, two bathrooms, and spacious rooms. Recent upgrades include central air conditioning and vinyl windows. The building's high-traffic location, easy highway access, and significant parking make it an attractive proposition for owner-occupiers or investors seeking a strong return. The property is situated in Lorain County, Ohio, with a 44035 zip code.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1835
Total area 3,588 SF
Lot 0.37 ac (16,117 SF)
APN 06-25-021-106-056
UPID US66-2183942
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
  • Abbe Chiropractic Offices Alternative Medicine Practice
  • Duane A. Abbe, DC Alternative Medicine Practice
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
Bruce Jourabchian · 1 yrs held
Bruce Jourabchian
since 2024
Last sale
$175,000
2 recorded transactions
2024
$190,000
2021
$175,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 632 Cleveland St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message