Overview

Description

Located on Cleveland Street, corner of Marseilles Ave.

Looking for a lucrative investment opportunity in commercial real estate? Look no further than 508-516 Cleveland Street, Elyria - a prime piece of mixed-use real estate located in the heart of one of Ohio's most vibrant communities. This property offers a unique opportunity for savvy investors and business owners alike. With a gross income of $3,500 per month and two units currently available for lease, this property is a solid investment with potential for increased revenue. The property features a mix of four (4) commercial and three (3) residential units (four (4) units if including the studio unit), providing multiple income streams. There is one vacant commercial unit that is ready for occupancy, offering a flexible space that is ideal for a variety of business types. Additionally, the property also boasts a vacant residential studio that presents a versatile space that can be utilized for various purposes. This is an excellent opportunity to invest in a property with solid income potential and the ability to add value with minor improvements. The location of this property cannot be beaten, with easy access to major highways and close proximity to shopping, dining, and entertainment options. Don't miss your chance to own this prime piece of commercial real estate in the heart of Elyria. Contact us today to schedule a viewing and explore the potential of this incredible investment opportunity.

Highlights

• Basement: Walk-out
• Heating Fuel Type: Gas
• Heating Type: Forced Air
• Roof: Fiberglass
• Sewer: Public
• Water: Municipal Water

Documents

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Listing ID: fa31b750-f71b-4fb8-9439-b97cb921aa7a

Location

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