For Sale
$189,000

43085 Ridge RdElyria, OH 44035

Prime location, newly renovated, income potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2,500 square foot executive office building, located at 43085 N Ridge Rd in Elyria, Ohio, presents a unique investment opportunity. Built in 1900 and situated on a 0.62-acre lot, the property boasts a newly renovated interior, offering modern amenities for a comfortable and productive work environment. Its convenient location offers easy access to the I-90 and I-80 interchange, ensuring excellent connectivity for clients and employees. A key feature is the inclusion of a one-bedroom apartment, adding versatility and potential rental income. Furthermore, an existing billboard on the property generates additional revenue streams, enhancing the overall return on investment. The building's classification as an executive office space suggests a high-quality finish and potentially desirable features for discerning tenants. The asking price is $189,000, making this a compelling proposition for investors seeking a well-located, income-producing asset in Lorain County, Ohio, zip code 44035. This freestanding building offers significant potential for growth and profitability.

Highlights

  • 2,500 SF freestanding office building on a 0.62-acre lot.
  • Attached one-bedroom apartment.
  • Excellent access to I-90 and I-80 interchanges.
  • Newly renovated interior.
  • Income-producing billboard.

Property Details for 43085 Ridge Rd

Property type
Office properties
Square Feet
2,500 SF
Year Built
1900
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Elyria
County
Lorain
State
Ohio
Latitude
41.4177266
Longitude
-82.1564696
43085 Ridge Rd, Elyria, Ohio

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43085 Ridge Rd
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