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124 Middle Ave - Tokar Tower 2,000 SF Office Condo Unit Offered at $83,755 CAD in Elyria, OH 44035

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INVESTMENT HIGHLIGHTS

  • Three separate office condominiums 2,000 - 6,400 sf available (divisible by floor)

EXECUTIVE SUMMARY

As the tallest building in Lorain County, Tokar Tower is a ten story office condominium building. Located in the heart of downtown Elyria, the tower is adjacent to Ely Square and within walking distance to Elyria City Hall, Lorain County Justice Center, Lorain County Clerk of Courts and the Municipal Courthouse and various dining and retail amenities. The current tenant mix includes attorneys, accountants, banking and other professional services firms. The opportunity presented consists of Floors 3 and 8 which are available for purchase, ranging from 2,000 – 6,400 sf of office space. The floors can be packaged together or purchased individually by floor and are ideal for an owner/occupier with investment potential.

PROPERTY FACTS

Total Building Size 59,400 SF
Property Type Office (Condo)
Building Class B
Floors 10
Typical Floor Size 2,985 SF
Year Built 1900
Lot Size 1.21 AC
Parking Ratio 0.5/1,000 SF
Opportunity Zone Yes
Zoning B-D - Business Downtown District

AMENITIES

  • Banking

1 UNIT AVAILABLE

Unit 1

Unit Size 2,000 SF
Price $83,755 CAD
Price Per SF $41.88 CAD
Condo Use Office
Sale Type Investment
DESCRIPTION

3 private offices, coffee bar, conference room, large reception/ workstation area

SALE NOTES

Potential short term income revenue in place

Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30563888

  • Date on Market: 2024-01-08

  • Last Updated:

  • Address: 124 Middle Ave, Elyria, OH 44035

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