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41957 N Ridge Road

Elyria, OH 44035

  • $439,000
  • 13068 sq ft

Jason Sroka

  • 216-233-4459
  • jason@mapscommercial.com
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Property Details

Exceptional income-generating investment opportunity or ideal relocation for your business! This property encompasses three distinct structures, offering a diverse range of rental spaces: Residential Charm: A welcoming 3-bed, 1-bath home spanning 1,210 sq ft. Was leased at $600 per month and now gutted for your finishing touches. Commercial Versatility: A 1,296 sq ft commercial building, presently serving as a used car lot. Features repair facilities, a full bath, and a fully equipped kitchen. Multi-Unit Complex: A spacious 7,136 sq ft structure comprising three units. Unit #1: A 2-bed, 1-bath apartment. Unit #2: A front retail shop with an office and restroom, spanning 1,750 sq ft. Unit #3: A 5,680 sq ft retail space with a large office and additional restroom (can be easily split into 2 units for future rental opportunity) Whether you’re an astute investor seeking lucrative returns or a business owner searching for an optimal space, this property offers a compelling combination of residential comfort and commercial potential. With a proven track record of reliable rental income and diverse spaces to suit various business needs, this investment stands out as a prime opportunity in the real estate market. Don’t miss the chance to make this property the cornerstone of your financial success or business expansion!
  • 6 units for potential rental income
  • Long standing tenants
  • House in the back for a great mix of commercial and residential
  • Ridge Road is a busy intersection in the heart of Elyria.
  • Retail hub close to big daily traffic routes

Location Details

  • Close to route 2
  • Major shopping at Marcs in area
  • Busy road close to Elyria and Lorain
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