81
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$375,000
Est. payment /mo
0.95 Acres Lot
Active
888 Lorain BLVD Elyria, OH 44035
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Key Details
Property Type Commercial
Sub Type Commercial,Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20260899
HOA Y/N No
Annual Tax Amount $7,071
Tax Year 2025
Lot Size 0.950 Acres
Property Sub-Type Commercial,Business
Property Description
HIGH-VISIBILITY COMMERCIAL REHAB OR REDEVELOPMENT OPPORTUNITY 📣Address: 888 Lorain Blvd, Elyria, OH 44035Property Type: Commercial / Hotel-Motel (Potential Mixed-Use)Prime Location, Maximum Exposure!Unlock the potential of this strategically located property directly on Lorain Blvd (State Route 57) in Elyria, Ohio. Positioned in a high-traffic area, this site offers unparalleled visibility for a new business, redevelopment project, or total rehabilitation.Highlights & Features:High Traffic Corridor: Situated on the primary commercial artery of Elyria, ensuring high visibility.Land Area is 0.95-Acre total of all 4 lots. Generous space for redevelopment.Proximity to Infrastructure: Fast access to Interstate 80 (Ohio Turnpike) and State Route 57.Surrounding Amenities: Close to dining, retail, and hospitality services, with high residential density nearby.Existing Structure: The site includes a 9,968 sq ft building structure that is currently in the process of being saved/rehabilitated, offering potential for redevelopment rather than just land value.An Investor's Dream in a Revitalizing Corridor!This property presents an exceptional opportunity to bring new life to a high-profile location in Lorain County. Whether you are looking to rehabilitate the existing structure or redevelop the approximate 0.95-acre of all 4 parcels, this is the prime spot for your next project.Don't miss this chance to own a piece of prime Elyria real estate.
Location
State OH
County Lorain
Interior
Heating Electric, Space Heater
Cooling Wall Unit(s)
Exterior
Utilities Available Electricity Connected
Roof Type Flat
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
Listed by Dale R Coffman Jr. • RE/MAX Quality Realty - Norwalk
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