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$2,300,000
31 Days On Site
401-427 Cleveland StreetElyria, OH 44035
For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1950
Built
County:
Lorain
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Owner financing/land contract available! Fantastic opportunity to own this well kept 24,871 SQ Foot retail shopping plaza. Mostly Triple net leases with long term tenants Cap rate at full occupancy is approximately 9.54%. Roof was replaced approximately 5 YRS ago on the Building behind the strip plaza on Winckles St. which is part of the property and included with the sale. Owner recently Re-Paved the entire parking lot and replaced all the roof top AC-Units. Entire Roof was Re-sealed approximately 6 YRS ago. Rent Roll is available upon request.
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Listing Snapshot
Price
$2,300,000
Days On Site
31 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.83 Acres
Year Built
1950
MLS® Number
5095730
Status
Active
Property Tax
$35,234
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a week ago | Status changed to Active | |
| a week ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
General Features
Acres
0.83
Parking
On SitePaved
Parking Spaces
100
Property Sub Type
Retail
Sewer
Public Sewer
Water Source
Public
Interior Features
Cooling
Central Air
Heating
Natural GasForced Air
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Exterior Features
Roof
AsphaltFiberglass
Community Features
Financing Terms Available
CashConventional
School District
Elyria CSD – 4706
Township
Elyria
Schools
School District
Elyria CSD – 4706
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Andrew G Pal of RE/MAX Real Estate Group
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.
Neighborhood & Commute
Source: Walkscore
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