Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

714 Middle Ave - 714 MIDDLE AVENUE 0.8 Acres of Commercial Land Offered at $600,000 in Elyria, OH 44035

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Strategic location across from Elyria High School and near downtown Elyria
  • Full corner block at the signalized intersection of Middle Avenue and 8th Street with frontage also along 7th Street.

EXECUTIVE SUMMARY

Exceptional opportunity to own, lease, or develop a high-visibility commercial corner in the heart of Elyria! Offered for sale, ground lease, or build-to-suit, this site provides unmatched flexibility for retailers, restaurants, or service operators looking to establish a strong presence in a thriving market.
The property features 0.8 acres of prime commercial land across three parcels, creating a full corner block at the signalized intersection of Middle Avenue and 8th Street, with additional frontage along 7th Street. With six curb cuts and 220 feet of frontage on Middle Avenue, the site offers superior accessibility and exposure to steady local and commuter traffic.
Surrounded by established national and local retailers, schools, and dense residential neighborhoods, this location benefits from strong daily traffic counts and a growing customer base. Perfect for single or multi-tenant retail, fast food, coffee, medical, or financial uses.
Located in a business-friendly zoning district, the site sits within an area undergoing continued city investment and downtown revitalization—making it an excellent choice for users and developers alike.
Don’t miss this chance to secure a prime corner site in Elyria’s most active commercial corridor — where visibility, access, and opportunity meet.

PROPERTY FACTS

Price $600,000
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.80 AC
Zoning Commercial - PPN: 0626027000001 - (400)VACANT COMMERCIAL LAND PPN: 0626027000002 - (400)VACANT COMMERCIAL LAND PPN: 0626027000003 - (420)SM DETACHED RET (-1,000sf)

1 LOT AVAILABLE

Lot

Price $600,000
Price Per AC $750,000.00
Lot Size 0.80 AC

0.8 acres of highly visible commercial land (3 parcels) on a full corner block at signalized Middle Ave & 8th St, with 7th St frontage, six curb cuts, and approx. 220’ of Middle Ave frontage.

DESCRIPTION

Prime access to I-80, I-90, and SR-57 with exceptional roadside visibility (County Seat of Lorain County) Strategic location across from Elyria High School and near downtown Elyria Outstanding development opportunity for single or multi-tenant retail or quick-service restaurant — ideal for coffee or fast food concepts Situated within an established retail corridor featuring strong national co-tenants Supported by ongoing city investment in infrastructure and downtown revitalization Business-friendly zoning offering flexibility for a variety of uses Growing population and expanding daytime workforce Regional draw bolstered by nearby parks, schools, and major employers

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-26-027-000-001
  • 06-26-027-000-002
  • 06-26-027-000-003
Land Assessment
$23,408
Improvements Assessment
$20,881
Total Assessment
$44,289
  • Listing ID: 38096397

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 714 Middle Ave, Elyria, OH 44035

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}