Price Reduction
Address
418 E Broad Street, Elyria, OH
Price
$ 260,000
Property Attributes
  • ID#4492570
  • TypeCommercial
  • CountyLORAIN
  • CityElyria
  • NeighborhoodElyria
  • Zip44035
  • Style
  • Taxes$ 8478
  • Price$ 260,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3164
  • Lot Size0.52 Acres
Data Source:
MLSNow
Property Description

ELYRIA MEDICAL OFFICE BUILDING @ 3,164 SF. Situated in a convenient location, this medical office space provides easy access to/from I-90, I-80, Routes 57, 20, & 301. Only 5min to/from downtown Elyria. Great proximity to major amenities including fast and sit down restaurants, shopping, groceries, and residential neighborhoods. See attached CoStar Underwriting Report, Floor Sketch, and Flyer. BOTH SUITES OFFER: 1600 sq/ft, Lobby/Waiting Area, Separate Receptionist/Admin Area Includes: Desk w/drawers, Storage space & Additional Counter Space, Separate Public & Staff Restrooms, 2 Offices, 4 Exam Rooms-2 w/Sinks, 1 Kitchen w/Cabinetry, Sink, Ample storage, 16 parking spaces/8 each unit. Partial 2nd floor space: Insulated. Unfinished. Ready for buildout as required. GREAT SPACE FOR: Med-Spa, Outpatient Clinic/Cosmetic Clinic, Medical Practice, Law Practice, Salon & Spa, Mental Health Clinic, Community Health Center. WITH LIGHT TO MODERATE RENOVATION: Co-Work Space, Health & Wellness Studio, Education Tutoring Center, Fitness Studio, Medical Research & Development

Price History
9/25/2023 Listed $280,000
12/9/2023 6% - $265,000
5/1/2024 2% - $260,000

General Features

Sewer PublicSewer
Heating ForcedAir,Gas
Cooling CentralAir
Possession DeliveryOfDeed
Roof Asphalt,Fiberglass
Tenant Pays CableTV,Electricity,Gas,Heat
Property SubType Office
Current Use MedicalDental
OwnerPays Sewer,TrashCollection,Water
County Lorain
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Subdivision Name Elyria
Garage Y/N No
Status Active
Directions On E. Broad St.
ModificationTimestamp 2024-05-01T13:21:57.767-00:00
City Elyria
View Y/N No
Senior Community Y/N No
High School District Elyria CSD - 4706
Zoning Description Commercial
Total Units 2
Waterfront Y/N No
Carport Y/N No
Street Name Broad
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 8478.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 214
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Elyria CSD - 4706
Elementary School District Elyria CSD - 4706
Property Sub Type Additional Office
MobileHomeRemainsYN No
Legal Description 138.34 X 161

Interior Features

Furnished Y/N Partially
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 3164.0
Street Suffix Street
Electric On Property Y/N No
Above Grade Finished Area Source Assessor

Exterior Features

Parking Features Asphalt,OnSite,OffStreet,Outside,Paved
Water Source Public
Total Parking 18.0
Lot Size Area 0.52
Number of Buildings 1
Spa No
Building Area Total 3164.0
Lot Size Acres 0.52
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 44035

Price
AVG $1.9M
$260K
Taxes
AVG $7,647
$8,478
Visits
AVG 161
31
Data Provided by Inside Real Estate®

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