Elyria, OH 44035,401-427 Cleveland ST
Elyria, OH 44035,401-427 Cleveland ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
15
Mar
Sun
16
Mar
Mon
17
Mar
$ 2,300,000
Est. payment | /mo

0.83 Acres Lot


Save
$ 2,300,000
Est. payment | /mo
Save

0.83 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5095730

HOA Y/N No

Year Built 1950

Annual Tax Amount $35,234

Tax Year 2024

Lot Size 0.830 Acres

Acres 0.83

Property Sub-Type Retail

Property Description

Owner financing/land contract available! Fantastic opportunity to own this well kept 24,871 SQ Foot retail shopping plaza. Mostly Triple net leases with long term tenants Cap rate at full occupancy is approximately 9.54%. Roof was replaced approximately 5 YRS ago on the Building behind the strip plaza on Winckles St. which is part of the property and included with the sale. Owner recently Re-Paved the entire parking lot and replaced all the roof top AC-Units. Entire Roof was Re-sealed approximately 6 YRS ago. Rent Roll is available upon request.

Location

State OH

County Lorain

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features On Site, Paved

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Total Parking Spaces 100

Building

Sewer Public Sewer

Water Public

Schools

School District Elyria Csd - 4706

Others

Tax ID 06-25-015-101-028

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Andrew G Pal • RE/MAX Real Estate Group • AndrewpaL9@gmail.com 216-903-9755
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

401-427 Cleveland ST