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Property profile & analytics
FOR LEASE
Medical Office Space

824 E Broad St Elyria, OH 44035

4,199 SF 0.14 ac lot Built 1983
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-5952217
Property summary
AI-generated overview

This exceptional 4,600 square foot commercial building in Elyria, Ohio, presents a unique investment opportunity. Located at 824 E Broad St, 44035, this two-story, 2008-built structure sits on a half-acre lot and offers flexible space ideal for various uses. Currently divided into three suites, two are available, ranging from 2,200 to 2,400 contiguous square feet. The building's previous use as medical offices is reflected in the convenient sinks already installed in most rooms. Its versatile design caters to traditional office, executive office, coworking, medical office, or creative office needs. The property boasts 18 parking spaces, and is zoned B-N Business Neighborhood District in Lorain County. The building's location near affluent southeastern Elyria and North Ridgeville neighborhoods provides excellent access to a thriving community. The minimum divisible space is 2,200 square feet, allowing for customization to suit specific business requirements. Explore the potential of this well-maintained property, perfectly situated for success. Detailed permitted uses can be found at [link removed as per instructions].

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1983
Total area 4,199 SF
Lot 0.14 ac (6,098 SF)
APN 06-25-006-110-001
UPID US66-5952217
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
  • Rustello Dumpsters General Contractor Waste Management Facility
  • DaVita Lorain County Home At Home Medical Clinic
  • B&K Kitchen Remodeler Service LLC Renovation Specialist General Contractor
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
E E Broad LLC · 1 yrs held
E E Broad LLC
since 2025
Last sale
$135,000
3 recorded transactions
2025
Price N/A
2024
$135,000
2008
$310,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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