824 E Broad St Elyria, OH 44035
For Lease
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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].
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Rustello Dumpsters General Contractor Waste Management Facility
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DaVita Lorain County Home At Home Medical Clinic
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B&K Kitchen Remodeler Service LLC Renovation Specialist General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.