Style: Retail
Sq Ft: 0
Year Built: 1950
$2,300,000
401-427 Cleveland Street, Elyria, OH 44035, US
Remarks
Fantastic opportunity to own this well kept 24,871 SQ Foot retail shopping plaza.Mostly Triple net leases with long term tenants.
Cap rate at full occupancy is approximately 8.6%. Roof was replaced approximately 5 YRS ago on the
Building behind the strip plaza on Winckles St. which is part of the property and included with the
sale. Owner recently Re-Paved the entire parking lot and replaced all the roof top AC-Units.
Entire Roof was Re-sealed approximately 6 YRS ago. Rent Roll is available upon request.
Details
MLS#: 5095730Price: $2,300,000
Style: Retail
Sq Ft: 0
Year Built: 1950
County: Lorain
Tax Fee: 35234
School District: Elyria CSD - 4706
Resources
Broker Contact
RE/MAX Real Estate Group
32961 Pin Oak Parkway, Suite 2
Avon Lake, OH, 44012
US
Mike Wallace
(440) 333-1230
Website
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by MLS Now
Last updated: 2025-01-22T14:26:28.000-05:00.
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