336 Prospect StElyria, OH 44035

Property Details for 336 Prospect St

Year built

1917

Lot size

0.22 AC

Property type

Other mixed-use properties

Property subtype

Mixed-use properties

Description

This exceptional mixed-use property in Elyria, Ohio, presents a unique investment opportunity. Situated on a 0.22-acre lot spanning two parcels, this property enjoys convenient access to the downtown area and benefits from a strategic location bordering both residential and industrial zones. The existing structure is a 1,600 square foot single-family home boasting three bedrooms, one and a half bathrooms, and a substantial four-car garage complete with electricity and ample storage space. While the home requires renovations, this presents a significant opportunity to increase property value through improvements. Currently zoned as Business Neighborhood, the property offers flexibility. It can continue to function as a residential dwelling or be repurposed for commercial use, depending on the investor's vision. The property's versatility is further enhanced by the availability of contiguous parcels (sold separately) totaling an additional 0.65 acres, offering the potential for substantial expansion and increased income streams. This is a rare chance to acquire a well-positioned property with significant upside potential in a thriving Ohio market. Don't miss this chance to capitalize on this versatile investment.

Location Insight

City

Elyria

County

Lorain

State

Ohio

Latitude

41.3674

Longitude

-82.0885

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].