1801 Elyria Ave - Office FOR SALE


Lorain, OH 44052
$300,000 USD
440-327-6511
1801 Elyria Ave, Lorain, OH for Sale
$300,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

1801 Elyria Ave
Lorain, OH 44052


OVERVIEW

This versatile commercial property offers approximately 5,000 square feet of flexible space, currently operating as a fully equipped daycare center. With all furnishings and daycare equipment included in the sale, the building is move-in ready for continued use in childcare services or easily adaptable for conversion to an office or mixed-use facility. Key features include a convenient loading bay, 27 parking spaces, and extensive mechanical updates, including HVAC, electrical, and plumbing systems. Whether you’re looking to expand an existing business or establish a new venture, this property provides a rare opportunity to secure a well-maintained and thoughtfully updated building in a prime location. Many mechanical updates including electric, HVAC, and plumbing/bathrooms since being purchase in the summer of 2024. Age and square footage of the building unverified and buyer should conduct their own due diligence.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

-

APN/PARCEL ID

02-01-003-150-008

ASK ABOUT THIS PROPERTY

Bob BergmannRussell Real Estate ServicesMore Info
440-327-6511

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Bob BergmannRussell Real Estate ServicesMore Info
440-327-6511

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