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Property Description

Attention investors! This unique property offers a prime opportunity in Elyria with easy access to downtown, bordering both residential and industrial areas. Spanning 0.65 acres across five contiguous lots, it includes a profitable 4-bay, self-service carwash, plus two single-family homes. The first home is a well-maintained 1,300 sqft residence with a 2-car garage, while the second home requires a complete renovation or rebuild, providing a great value-add opportunity. Zoned as Business Neighborhood, these legacy single-family homes can continue as residential properties or potentially be converted for commercial use. If that wasn’t enough, there is a contiguous .22 acre, single family property that is also available and listed separately. With a strategic location and multiple income streams from rental potential and the carwash, this property is a versatile investment ready for a creative buyer. Don’t miss the chance to own this multi-use opportunity!

Features
: Forced Air
Address Map
OH
Lorain
Elyria
44035
Prospect
318-322-330
W83° 54' 41.9''
N41° 22' 4.1''
SR 57 to West on E. Broad St to North on Prospect
Property Details
Russell Real Estate Services
Robert Bergmann
2019002268
2760
06-25-016-108-012
2023
: Cash, Conventional
02/12/2024 15:58:31
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No
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318-322-330 Prospect, Elyria, Ohio 44035

Commercial Sale For Sale

0.65 Acre
$450,000
Listing ID #5087134
Basic Details
Property Type : Commercial Sale
Property Sub Type : Mixed Use
Listing Type : For Sale
Listing ID : 5087134
Price : $450,000
Year Built : 1900
Lot Area : 0.65 Acre
Status : Active
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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