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41957 N Ridge Road

Elyria, OH 44035
  • $439,000
  • STATUS: Active
  • ON SITE: 154 Days
  • MLS #: 4504627
$439,000
  • 0
    BEDS
  • 0.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,068
    SQFT
  • $34
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Keller Williams Greater Metropolitan.
Listing information © 2024 YES-MLS.

Description

Exceptional income-generating investment opportunity or ideal relocation for your business! This property encompasses three distinct structures, offering a diverse range of rental spaces: Residential Charm: A welcoming 3-bed, 1-bath home spanning 1,210 sq ft. Was leased at $600 per month and now gutted for your finishing touches. Commercial Versatility: A 1,296 sq ft commercial building, presently serving as a used car lot. Features repair facilities, a full bath, and a fully equipped kitchen. Multi-Unit Complex: A spacious 7,136 sq ft structure comprising three units. Unit #1: A 2-bed, 1-bath apartment. Unit #2: A front retail shop with an office and restroom, spanning 1,750 sq ft. Unit #3: A 5,680 sq ft retail space with a large office and additional restroom (can be easily split into 2 units for future rental opportunity) Whether you're an astute investor seeking lucrative returns or a business owner searching for an optimal space, this property offers a compelling combination of residential comfort and commercial potential. With a proven track record of reliable rental income and diverse spaces to suit various business needs, this investment stands out as a prime opportunity in the real estate market. Don't miss the chance to make this property the cornerstone of your financial success or business expansion!

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Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX Edge Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-04-04T00:08:14.937.
www.akroncantonhomesonline.com/homes/145286215
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41957 N Ridge Road Elyria, OH 44035

  • Price: $439,000
  • Status: Active
  • On Site: 154 Days
  • MLS #: 4504627
0
Beds
0
Baths
0
½ Baths
0.86
Acres
13,068
SQFT
$34
$/SQFT
1920
Built
Neighborhood:
Wilbur Heights
County:
Lorain
Area:
Elyria
School District:
Elyria CSD
Property Description
Exceptional income-generating investment opportunity or ideal relocation for your business! This property encompasses three distinct structures, offering a diverse range of rental spaces: Residential Charm: A welcoming 3-bed, 1-bath home spanning 1,210 sq ft. Was leased at $600 per month and now gutted for your finishing touches. Commercial Versatility: A 1,296 sq ft commercial building, presently serving as a used car lot. Features repair facilities, a full bath, and a fully equipped kitchen. Multi-Unit Complex: A spacious 7,136 sq ft structure comprising three units. Unit #1: A 2-bed, 1-bath apartment. Unit #2: A front retail shop with an office and restroom, spanning 1,750 sq ft. Unit #3: A 5,680 sq ft retail space with a large office and additional restroom (can be easily split into 2 units for future rental opportunity) Whether you're an astute investor seeking lucrative returns or a business owner searching for an optimal space, this property offers a compelling combination of residential comfort and commercial potential. With a proven track record of reliable rental income and diverse spaces to suit various business needs, this investment stands out as a prime opportunity in the real estate market. Don't miss the chance to make this property the cornerstone of your financial success or business expansion!
Exterior Features

Parking Features Paved Parking Total 36 Roof Asphalt Fiberglass

Interior Features

Basement None Basement YN No Building Area Total 13068 Heating Electric Forced Air Gas Heating YN Yes Main Level Bathrooms 0

Property Features

Above Grade Finished Area 13068 Elementary School District Elyria CSD - 4706 Lease Considered YN No Middle Or Junior School District Elyria CSD - 4706 Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 8862 Township Elyria Twp Water Source Public

Listing information © 2024 YES-MLS.
Listing provided courtesy of Keller Williams Greater Metropolitan: 216-839-5500.
Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX Edge Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-04-04T00:08:14.937.
 
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Listing courtesy of Keller Williams Greater Metropolitan.
Listing information © 2024 YES-MLS.