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1801 Elyria Ave 6,282 SF Office Building Lorain, OH 44052 $300,000 ($47.76/SF)

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EXECUTIVE SUMMARY

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. Property is also list for lease at MLS#5095608.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,282 SF
Building Class
C
Year Built
1965
Price
$300,000
Price Per SF
$47.76
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,282 SF
Building FAR
0.31
Lot Size
0.46 AC
Opportunity Zone
Yes
Parking
27 Spaces (4.3 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-01-003-150-008
Land Assessment
$25,249
Improvements Assessment
$96,327
Total Assessment
$121,576
  • Listing ID: 34653667

  • Date on Market: 1/29/2025

  • Last Updated:

  • Address: 1801 Elyria Ave, Lorain, OH 44052

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