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1115 East Ave 4,200 SF Retail Building Elyria, OH 44035 $175,000 ($41.67/SF)
INVESTMENT HIGHLIGHTS
- 2 Buildings One Price
- One building is a 3 unit apartment and the second building is a storefront
EXECUTIVE SUMMARY
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.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,200 SF
Building Class
C
Year Built
1900
Price
$175,000
Price Per SF
$41.67
Tenancy
Single
Building Height
2 Stories
Building FAR
0.74
Lot Size
0.13 AC
Frontage
24’ on East Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-26-014-102-032 | Improvements Assessment | $16,818 |
| Land Assessment | $5,698 | Total Assessment | $22,516 |
PROPERTY TAXES
Parcel Number
06-26-014-102-032
Land Assessment
$5,698
Improvements Assessment
$16,818
Total Assessment
$22,516
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1115 East Ave
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