Non-Industrial Redevelopment Opportunity — 123 N. Gateway Blvd, Elyria, OH
$1,700,000
123 Gateway Blvd N, Elyria, OH 44035
For Sale
Land
Residential
Active
Last Updated: 11/08/2026
35,088 sqft
Building Size
0.1269 acres
Lot Area
Details:
Building Size: 35,088 sqft
Lot Area: 0.1269 acres
Highlights:
- ±35,088 SF, two-building assemblage on 8 contiguous parcels
- Rare three-street frontage — N. Gateway Blvd, West River Rd N, and Fremont St
- Zoned Corridor District; positioned for redevelopment to a non-industrial use
- Prior industrial/warehouse use has been discontinued and is not permitted to continue
- Located on Elyria's Black River corridor, near downtown Elyria
- Suited to a multifamily, mixed-use, or other redevelopment buyer
Description:
123 N. Gateway Blvd is a ±35,088 SF, two-building assemblage on 8 contiguous parcels in Elyria, Ohio, with rare three-street frontage along N. Gateway Blvd, West River Rd N, and Fremont St. Production at the property has ceased, and the City of Elyria's Corridor District zoning (Section 1119.10) does not permit the prior industrial/warehouse use to continue. The site is being marketed exclusively as a redevelopment opportunity for a non-industrial use, such as multifamily or mixed-use. Offered at $1,700,000.
Off Lorain Blvd., with 3 street frontages and a front parking lot in Elyria.
Electric, Gas
Documents:
| Title | ||
|---|---|---|
| NEW One-Page Flyer (L) | ||
| NEW Brochure (P) | ||
| Property description | ||
| Offering_Memorandum_123_N_Gateway_Blvd.pdf | ||
| NEW_Offering_Memorandum__P_.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
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