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1412 West Ave
Elyria, OH 44035

Retail Property For Sale

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Investment Highlights

This recently renovated retail space features 3 apartments, a store front, and a storefront with natural light, new windows, and a half bath.

The building has been power washed, doors, and looped driveway repaired.

Executive Summary

Newly Renovated Retail / Store Front Space with 3 Apartments above. This building sits on a large 2 parcel lot with ample parking and a turn around drive way. The store front boasts tons of natural light with new front windows, a half bath and a large storage space with separate access. The building has been power washed, some new exterior doors, and recently repaired black top driveway. There are new electric panels for each unit and storefront, along with new hot water tanks. There are two 1 bedroom apartments and one 2 bedroom apartment on the second floor. Each unit has been freshly painted, new light fixtures, and new flooring. The basement has separate storage areas, has been freshly painted. Don't miss out on this opportunity to have a business along with rental income.
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PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

5,663 SF

Building Class

Year Built/Renovated

1947/2015

Price

£148,044

Price Per SF

£26

Percent Leased

Vacant

Number of Floors

Building FAR

1.00

Lot Size

0.13 AC

Parking

1.77 Spaces per 1,000 SF Leased

PROPERTY TAXES

Parcel Number	06-26-002-101-003	Improvements Assessment	£30,012
Land Assessment	£3,107	Total Assessment	£33,118

PROPERTY TAXES

Parcel Number

06-26-002-101-003

Land Assessment

£3,107

Improvements Assessment

£30,012

Total Assessment

£33,118

Listing ID: 33198742
Date on Market: 16/09/2024
Last Updated:
Address: 1412 West Ave, Elyria, OH 44035

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