632 Cleveland ST Active Save Request In-Person Tour Request Virtual Tour
Elyria,OH 44035
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision East/Black River
MLS Listing ID 5110791
HOA Y/N No
Year Built 1920
Annual Tax Amount $5,169
Tax Year 2024
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Office
Property Description
Prime Mixed-Use Commercial Property in High-Traffic Location on the corner of Cleveland Road and N. Abbe Road. This versatile brick building offers outstanding visibility in a bustling commercial district, making it an ideal investment for business owners and investors. The first floor is perfect for specialty retail, medical offices, law firms, or salons, featuring multiple private offices and two spacious conference rooms or lobbies. The upper level includes two rental units—a one-bedroom and a two-bedroom—currently rented for $575 and $650, offering strong value-add potential. The lower level, previously used as a residential rental, features two kitchens, two bathrooms, and large living areas. Additional highlights include separate utilities, central air, vinyl windows, laundry facilities, and ample on-site parking for 23 vehicles. Whether you choose to occupy part of the space while generating rental income or lease out the entire property, this is a prime opportunity with convenient access to major roads and highways!
Location
State OH
County Lorain
Interior
Heating Gas,Hot Water,Steam
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Rubber
Building
Sewer Public Sewer
Water Public
Schools
School District Elyria Csd - 4706
Others
Tax ID 06-25-021-106-056
Special Listing Condition Standard