1115 East Ave - Storefront Retail/Residential FOR SALE


Elyria, OH 44035- Downtown Elyria
$175,000 USD
216-373-7727
1115 East Ave, Elyria, OH for Sale
$175,000 USD
Storefront Retail/Residential - FOR SALE
1/25
null | Request Cap Rate

1115 East Ave
Elyria, OH 44035
Downtown Elyria


HIGHLIGHTS

  • 2 Buildings One Price
  • One building is a 3 unit apartment and the second building is a storefront

OVERVIEW

4-unit investor special! 2 buildings, one building on George St has 3 apartments, and the second building is the storefront. Total rents would be approximately $3000/mo fully-rented, professional management in place. Sturdy brick construction with newer roofs and vinyl siding, plus many updates such as: newer furnaces (one unit is heated by a boiler), storefront has central AC, upgraded electric panels, newer hot water tanks, separately-metered gas and electric, plus a 1-car garage. Great location near shopping, schools, freeway access and more! Just a little work to get this building up and running again.

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

06-26-014-102-032

ASK ABOUT THIS PROPERTY

Michael FerranteCentury 21 HomeStarMore Info
216-373-7727

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Michael FerranteCentury 21 HomeStarMore Info
216-373-7727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.