318-322-330 Prospect Active

Elyria,OH 44035

$ 450000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5087134

HOA Y/N No

Year Built 1900

Annual Tax Amount $6,724

Tax Year 2023

Lot Size 0.650 Acres

Acres 0.65

Property Description

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!

Location

State OH

County Lorain

Interior

Heating Forced Air

Fireplace No

Schools

School District Elyria Csd - 4706

Others

Tax ID 06-25-016-108-012

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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