This exceptional commercial property, located at 31040 Lorain Rd in North Olmsted, Ohio, presents a unique investment opportunity. The property encompasses a 2,358 square foot building, ideally suited for a variety of businesses. The main structure, built in 1951 and remodeled in 2008, features two stories and boasts Pella windows and high-end fixtures. Recent upgrades include a new furnace, water heater, and electrical system (2008). The property sits on a generous 1.22-acre lot, providing ample space for expansion, landscaping, or additional parking. A significant advantage is the inclusion of a 484 square foot, two-car garage, perfect for storage or additional workspace. The property's zoning allows for diverse uses, including professional offices, medical practices, retail establishments, and trades businesses. Its strategic location offers easy access to major highways, including I-480, I-90, and the Ohio Turnpike, ensuring excellent visibility and convenient commuting for employees and clients. The property is currently configured for single tenancy but could easily accommodate multiple tenants. The current owner is retiring and is willing to negotiate the sale of select furniture. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a highly desirable location. The property's size, location, and recent upgrades make it an attractive investment for both established businesses and new ventures.
Highlights
2,358 SF building on a 1.22-acre lot in North Olmsted, OH.
Built in 1951, remodeled in 2008 with Pella windows and high-end fixtures.
Includes a 484 SF two-car garage.
New furnace, water heater, and electrical system (2008).
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Contacts
Sarah Capezzuto
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31040 Lorain Rd, North Olmsted, Ohio, 44070
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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31040 Lorain Rd
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