Vision Sales Team

508-516 Cleveland Street

Elyria , OH 44035

MLS#: 4442130

$249,900

Status: Closed
Listing number: 4442130
Listing provided by: Coldwell Banker Schmidt Realty
Listing agent phone: None
Last update: 2 years ago
On site: 2 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

6,702

Looking for a lucrative investment opportunity in commercial real estate? Look no further than 508-516 Cleveland Street, Elyria - a prime piece of mixed-use real estate located in the heart of one of Ohio's most vibrant communities. This property offers a unique opportunity for savvy investors and business owners alike. With a gross income of $3,500 per month and two units currently available for lease, this property is a solid investment with potential for increased revenue. The property features a mix of four (4) commercial and three (3) residential units (four (4) units if including the studio unit), providing multiple income streams. There is one vacant commercial unit that is ready for occupancy, offering a flexible space that is ideal for a variety of business types. Additionally, the property also boasts a vacant residential studio that presents a versatile space that can be utilized for various purposes. This is an excellent opportunity to invest in a property with solid inc

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    6702.0

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Site, Paved

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $249,900

  • Tax Amount

    $7,674

  • Sq. Footage

    6, 702

  • Price/SqFt

    $37

HOA

  • Association

    No

School District

  • Elementary School

    Elyria CSD - 4706

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Water Source

    Public

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Location

County

Lorain

Elementary School

Elyria CSD - 4706

Middle School

High School

Listing Courtesy of Daniel Popovich , Coldwell Banker Schmidt Realty

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Agent Tyson Hartzler

FOUNDER

Tyson Hartzler

Call Tyson today to schedule a private showing.

(330) 786-5493

Tyson@visionsalesteam.com


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Looking for a lucrative investment opportunity in commercial real estate? Look no further than 508-516 Cleveland Street, Elyria - a prime piece of mixed-use real estate located in the heart of one of Ohio's most vibrant communities. This property offers a unique opportunity for savvy investors and business owners alike. With a gross income of $3,500 per month and two units currently available for lease, this property is a solid investment with potential for increased revenue. The property features a mix of four (4) commercial and three (3) residential units (four (4) units if including the studio unit), providing multiple income streams. There is one vacant commercial unit that is ready for occupancy, offering a flexible space that is ideal for a variety of business types. Additionally, the property also boasts a vacant residential studio that presents a versatile space that can be utilized for various purposes. This is an excellent opportunity to invest in a property with solid inc

508-516 Cleveland Street

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