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41825 N Ridge Rd
Elyria, OH 44035
Retail Property For Sale

Investment Highlights
- Located less than 10 minutes from the I-90/I-57 and Route 2/Middle Ridge exits as well as the Ohio Turnpike.
- Residential investment property & commercial body shop/garage space with four bays included in sale.
Executive Summary
AMAZING COMMERCIAL OPPORTUNITY situated on one of Lorain County's most traveled roadways! PER ODOT traffic data, daily counts exceed 12k! Zoned GB (General Business), great for intended use as automotive shop or would make a great space for a construction related company. Located less than 10 minutes from the I-90/57 and RT2/Middle Ridge exits as well as the Ohio Turnpike. Elyria Township location provides a convenient radius to Lorain, Elyria, Sheffield, Avon and Amherst! This site is located on a corner lot for maximum visibility, concrete parking lot. Two parcels with two buildings included (Commercial body shop and a Residential investment property). The commercial building was professionally built and designed in 2002 and consists of aprox. 2500+ sq ft., garage has four bays with a ceiling height of about 12+ft! Spray booth with exhaust system. Two ADA compliant bathrooms (one for employees and one in the lobby)! Attractive and spacious air conditioned lobby with reception counter. Private office area. Great exterior appeal with brick front and a concrete parking lot. The house is a spacious 1956 built bungalow style with 4 bedrooms and a basement and is currently rented. There is additional small space for outdoor storage behind the shop. One owner on the commercial portion, well maintained and has been used as the same business for over 20 years!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,049 SF
Building Class
C
Year Built
2002
Price
$689,070 CAD
Price Per SF
$170.18 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.20 AC
Zoning
GB - General business
Frontage
Property Taxes
| Parcel Numbers | Improvements Assessment | $119,527 CAD | |
| Land Assessment | $40,200 CAD | Total Assessment | $159,725 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$40,200 CAD
Improvements Assessment
$119,527 CAD
Total Assessment
$159,725 CAD
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