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441 Griswold Rd
Elyria, OH 44035
Development Opportunity · Land For Sale · 18.10 AC

INVESTMENT HIGHLIGHTS

  • Near freeways I-90, SR 57, SR 2, and I-80 for prime accessibility.
  • 17 acres are zoned for B-G (general business use) with endless possibilities for development with asking price of $3,100,000
  • Opportunity for several front lots and ideal shape for a professional-office park. Elyria has no office park.
  • All utilities to site including fiber making the property truly shovel-ready.
  • Two corner lots zoned B-AO (business automotive oriented) are ideal for gas stations and can be sold separately at $700,000
  • High traffic counts and great visibility. Situated in the center of Lorain County's population of over 300,000 people.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units - Senior
  • Convenience Store
  • Drugstore
  • Healthcare
  • Hold For Investment
  • Hospital
  • Medical
  • Office Park
  • Schools
  • Service Station
Total Lot Size 18.10 AC
Zoning B-G, B-AO - B-AO (business automotive oriented). Great for a combined convenient store and service station. B-G (general business use) is for the balance of the s

DESCRIPTION

441 Griswold Road is an approximately 18-acre lot located at the prime corner of Griswold and W River Roads in Elyria, Ohio. The property is conveniently situated near freeways from 7 different directions: I-90, SR 57, SR 2, and I-80. 441 Griswold offers an excellent opportunity for prime exposure with ample frontage on the four-lane road. 17 acres are zoned for B-G (general business use) with endless possibilities for development and asking price of $3,100,000. Two corner lots zoned B-AO (business automotive oriented) are ideal for gas stations, auto/body shops, drive-ins, convenience stores, fast food restaurants and can be sold separately for $700,000. All utilities are available to site including fiber. In the northwest corner of the property, there's a small forest and drainage area covering roughly 30,000 square feet or about 0.7 acre of not buildable land area. The office building on Griswold Rd ('355 Griswold) is surrounded by the site but not included currently..

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-23-016-102-054
  • 06-23-016-102-055
  • 06-23-016-102-056
  • 06-23-016-102-057
  • 06-23-016-102-050
Land Assessment
$152,206
Improvements Assessment
$0
Total Assessment
$152,206
  • Listing ID: 31023888

  • Date on Market: 2/22/2024

  • Last Updated:

  • Address: 441 Griswold Rd, Elyria, OH 44035

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