215 W Bridge St - Freestanding FOR SALE


Elyria, OH 44035- Downtown Elyria
$568,040 USD
216-374-3689
215 W Bridge St, Elyria, OH for Sale
$568,040 USD
Freestanding - FOR SALE
1/28
null | Request Cap Rate

NEW


215 W Bridge St
Elyria, OH 44035
Downtown Elyria


HIGHLIGHTS

  • Excellent location for service, distribution, or redevelopment
  • Less than 1 mile to Downtown Elyria; direct access to State Route 57
  • 2–3 miles to I-80/I-90 (Ohio Turnpike) and I-90 via SR 57
  • Immediate rental income: $1,200/month (short-term tenant, 90-day notice)
  • Recent upgrades: roof & siding (2020), updated electrical
  • Two parcels offering additional parking & storage capacity

OVERVIEW

Formerly home to Elyria Towing Service, this property offers a flexible opportunity with immediate income potential. The 10,328 SF building includes approximately 2,000 SF of office space and 8,328 SF of warehouse space. The building is mostly vacant, with a short-term tenant occupying a small portion of the property and generating $1,200/month in rent (90-day notice required). Recent improvements include a new roof and siding (2020) and updated electrical systems. Two parcels provide additional parking and storage, with functional access features including a 13' clear height, 8’ x 8’ dock door, and 14’W x 12’H drive-in door. Located less than a mile from Downtown Elyria and directly on State Route 57, the property offers excellent regional connectivity. It sits just 2–3 miles from both the Ohio Turnpike (I-80/I-90) and Interstate 90, making it well positioned for service, distribution, or redevelopment uses. This is an ideal property for an owner-user or an investor seeking a value-add opportunity.Located less than a mile from Downtown Elyria and directly on State Route 57, the property offers excellent regional connectivity. It sits just 2–3 miles from both the Ohio Turnpike (I-80/I-90) and Interstate 90, making it well positioned for service, distribution, or redevelopment uses. This is an ideal property for an owner-user or an investor seeking a value-add opportunity.

FOR SALE DETAILS

PRICE

$568,040 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

Light Industrial

APN/PARCEL ID

06-26-089-000-006,06-26-089-000-014

ASK ABOUT THIS PROPERTY

Kas FilippovaeXp CommercialMore Info
216-374-3689

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Kas FilippovaeXp CommercialMore Info
216-374-3689

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