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318-322-330 Prospect, Elyria, OH

3 Speciality Properties Offered at £357,939 in Elyria, OH

Investment Highlights

  • This property in Elyria, spanning 0.65 acres, includes a profitable carwash and two single-family homes.
  • The property can be converted for residential or commercial use.
  • The property is zoned as business opportunities and offers multiple income streams from rental potential and the carwash.

Executive Summary

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!

Property Facts

Price £357,939
Price / SF £94.19 / SF
Sale Conditions Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 3,800 SF
Total Land Area 0.65 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
330 Prospect St, Elyria, OH 44035 Speciality 1,000 SF 1900 -
322 Prospect St, Elyria, OH 44035 Speciality 1,300 SF 1900 -
318 Prospect St, Elyria, OH 44035 Speciality 1,500 SF 1900 -
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  • Listing ID: 34240229

  • Date on Market: 19/12/2024

  • Last Updated:

  • Address: 318-322-330 Prospect, Elyria, OH, Elyria, OH

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