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$199,000
Est. payment /mo
5,662 Sqft Lot
UPDATED:
10/30/2024 05:10 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Foster & Nelsons
MLS Listing ID 5047367
HOA Y/N No
Year Built 1953
Annual Tax Amount $4,070
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Incredible opportunity to purchase (2) buildings on (3) parcels zoned Light-Industrial (L-1) on a very busy, industrial corner of Elyria's main industrial district. Each building has two drive in doors and measures about 1,200 & 1,920 square feet (respectively) with 10-12' ceilings & 3 Phase Power. Included in the sale are a car lift & paint spray booth. Ideal for various uses including automotive, building trades, wholesaler, manufacturing and printing to name a few. The property includes plenty of off-street parking as well. This very versatile property allows the owner to use the entire property, use one building and rent the other or rent the entire site as a cash flowing investment (previous tenant paid $3,500/month). Finally, included in this sale is an adjacent .13-acre vacant lot zoned R-TH allowing up to a two-family home to be built.,
Location
State OH
County Lorain
Interior
Heating Forced Air, Gas
Cooling None, Wall/Window Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Elyria Csd - 4706
Others
Tax ID 06-25-016-106-001
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Listed by Ryan Burrows • EXP Realty, LLC. • rburrows528@gmail.com 440-714-4770
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Dawn Semancik
Team Leader | License ID: SAL.2016005292
Team Leader License ID: SAL.2016005292
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