Vision Sales Team

632 Cleveland Street

Elyria, OH 44035

MLS#: 5041135

$239,900

Status: Closed
Listing number: 5041135
Listing provided by: Coldwell Banker Schmidt Realty
Listing agent phone: None
Last update: 2 years ago
On site: 2 years ago
Browse Properties
East/Black River - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

N/A

Prime High Traffic Location for brick mixed use commercial building. ATTENTION all investors: Investors, doctors (last used as chiropractor/doctor office), attorneys, dispensaries, title offices, etc. Office/retails space still set up with exam rooms & such. 2 entrances/exists (one double door main entrance), high traffic & sign visibility, ample 20+ car parking. 3 additional rental units (2 currently rented w/long term tenants) Basement has been used as a large residential rental w/2 kitchens/2 baths & large rooms...Large space w/2 private entrances (possibly could be divided into 2 units. Private laundry room. Separate utilities. Owner occupy office space & let the rental units pay your mortgage or investors can rent the entire building. Some newer work completed. Central air. Vinyl windows. Beautifully designed historic style building situated w/ample parking in high visibility location w/easy access to main roads & highways. $4000 plus possible rental income. Call today for your personal tour...

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water, Steam

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.37

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $239,900

  • Tax Amount

    $4,429

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Elyria CSD - 4706

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Lorain

Elementary School

Elyria CSD - 4706

Middle School

High School

Listing Courtesy of Christopher A Frederick, Coldwell Banker Schmidt Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Shelby Humpal

AGENT

Shelby Humpal

Call Shelby today to schedule a private showing.

(440) 321-8376

Shelby@VisionSalesTeam.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Prime High Traffic Location for brick mixed use commercial building. ATTENTION all investors: Investors, doctors (last used as chiropractor/doctor office), attorneys, dispensaries, title offices, etc. Office/retails space still set up with exam rooms & such. 2 entrances/exists (one double door main entrance), high traffic & sign visibility, ample 20+ car parking. 3 additional rental units (2 currently rented w/long term tenants) Basement has been used as a large residential rental w/2 kitchens/2 baths & large rooms...Large space w/2 private entrances (possibly could be divided into 2 units. Private laundry room. Separate utilities. Owner occupy office space & let the rental units pay your mortgage or investors can rent the entire building. Some newer work completed. Central air. Vinyl windows. Beautifully designed historic style building situated w/ample parking in high visibility location w/easy access to main roads & highways. $4000 plus possible rental income. Call today for your personal tour...

632 Cleveland Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Tyson Sells Homes, LLC. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

30x64 warehouse
#5140070

Elyria

165 Kenwood Street

None Beds

None Baths

1,920 Sq.Ft.

$219,000

MLS#: 5140070

A rare opportunity to acquire a 19-unit, 12-property scattered-site portfolio across Elyria and Lorain at $1,525,000, just 25 miles west of Cleveland. Fully occupied, the portfolio delivers $169,684 in NOI at a 9.98% cap rate, $66,377 in annual net cash flow, and a 15.02% cash-on-cash return on a $442,000 total investment. The seller is actively leasing the 2 remaining vacant units at rents consistent with the in-place portfolio, making this a stabilization-in-progress buy rather than a speculative one. The income is built on a foundation of heavy Section 8 participation across a market with deep voucher infrastructure. The Lorain Metropolitan Housing Authority manages over 3,100 active Housing Choice Vouchers, paying landlords an average of $1,075 per month, and Lorain County ranks 13th highest in Ohio by Fair Market Rent with the 2-bedroom FMR at $1,208. In-place rents across the portfolio range from $725 to $1,600, all at or below FMR, with predominantly tenant-pays-electric lease structures keeping operating costs lean. The demand fundamentals across both markets are structural. Elyria and Lorain together represent over 118,000 residents with renter-occupied rates of 39.9% and 44.2% respectively, supported by a Lorain County employment base of 150,000 jobs that grew 1.55% year-over-year. Median home values in the $140,000 to $154,000 range continue to push a significant share of the workforce into long-term rental demand. For the investor building a cash-flow-first, Section 8-anchored portfolio in a market that still prices like it is underappreciated, this offering is worth a close look.
#5201644

Elyria

122 Elbe Street

None Beds

None Baths

2,200 Sq.Ft.

$210,000

MLS#: 5201644

Unlock the potential of a thriving daycare business with this beautifully maintained building! Featuring 3-5 spacious classrooms designed for learning and play, a functional kitchen with a room used for a cafeteria, and four bathrooms for convenience, this facility is ready for immediate use. Outside, children can enjoy two safe and engaging playground areas. Most of the furniture, toys, and appliances will remain, making this a truly turnkey opportunity for any aspiring or current daycare owner. Don’t miss out on this fantastic chance to invest in a well-equipped and child-friendly environment!
#5182275

Elyria

250 Winckles Street

None Beds

None Baths

N/A

$220,000

MLS#: 5182275

High traffic location for your retail business or offices. This property features almost 1600 SqFt of retail\office space on the first floor plus a large enclosed porch. The second floor has a very nice 1400 SqFt apartment with two bedrooms and two full baths. This building has a two car attached garage, full basement and it's own private parking lot. Property has been well cared for with most mechanical systems up to date. Lots of potential uses. Easy access to Highways! Call for your tour today.
#5035370

Elyria

436 Cleveland Street

None Beds

None Baths

2,992 Sq.Ft.

$199,900

MLS#: 5035370

Exceptional commercial corner lot featuring both south and north entrances, offering convenient dual access and excellent visibility. Located in the heart of downtown Elyria, this high-exposure property benefits from strong foot traffic, close proximity to schools, and a high daily traffic count. Formerly operated as a car wash, the property includes multiple bays and an attached utility/office area, providing flexible redevelopment or business-use potential. Ideal for investors, owner-operators, or developers seeking a strategic location with built-in infrastructure and accessibility. A rare opportunity in a thriving downtown corridor. Drive by TODAY!
#5180110

Elyria

827 Middle Avenue

None Beds

None Baths

2,880 Sq.Ft.

$198,900

MLS#: 5180110

Excellent mixed-use investment opportunity in the heart of Elyria. This property offers a versatile layout combining commercial and residential, making it ideal for investors seeking steady cash flow and long-term appreciation. The property features flexible commercial space on the main level with residential unit(s) above, providing multiple income streams under one roof. Warehouse shop area with its own restroom and office area. Two remodeled apartments upstairs, garage doors for access to the warehouse. Strong rental demand in the area, convenient access to major roadways, and proximity to downtown amenities enhance the property’s appeal. Separate utilities, off-street parking, and functional floor plan add to the investment value. Perfect opportunity to add a mixed-use asset to your portfolio in a growing market. Great for seasoned investors or those looking to start building long-term wealth through real estate.
#5187431

Elyria

154 Woodbury Street

None Beds

None Baths

3,552 Sq.Ft.

$244,000

MLS#: 5187431

Garage/warehouse/office space (50x35 + 20x20). Heated with restroom. 10' and 14' drive in doors. Water & floor drains. Includes small lot (31x127) for parking or outside storage.
#5140062

Elyria

165 Kenwood Street 1/2

None Beds

None Baths

2,150 Sq.Ft.

$204,000

MLS#: 5140062

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Tyson Sells Homes, LLC. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Tyson Sells Homes, LLC. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service