REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 397,000
Est. payment | /mo
5,227 Sqft Lot
$ 397,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision J B Noges
MLS Listing ID 5126835
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,442
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Mixed Use
Property Description
Excellent opportunity awaits w/Commercial Mixed-Use property, formerly a bar & grill, offering incredible flexibility & income potential. Situated on a high-traffic corner w/excellent visibility, property features a spacious former restaurant space w/multiple entrances, making it ideal for subdividing into separate retail or office units. Former restaurant layout includes large open dining areas with high ceilings, two bathrooms, bar that remains intact, kitchen w/many components still in place—ready for your vision. Additional rooms offer storage or expansion options, & full basement provides even more usable space with interior access. Attached to the commercial portion is a charming 3-bedroom, 1.5-bath Cape Cod-style residence w/welcoming front porch—perfect for an owner-occupant, on-site manager, or additional rental income. Property includes a large, partially fenced parking lot & vinyl-sided garage equivalent to a 3-car structure, offering endless storage or usage options. Versatile building is entirely vacant, providing a clean slate to lease, occupy, or renovate to your needs. Located in a neighborhood undergoing active redevelopment, this is a rare find for investors, business owners, or developers looking to be part of a growing area. Don't miss this high-potential property—Prefect for owner occupant or add to your investment portfolio. (no liquor licence...Only serious qualified inquiries please. No wholesalers)
Location
State OH
County Lorain
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Asphalt
Total Parking Spaces 14
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Elyria Csd - 4706
Others
Tax ID 02-01-006-133-009
Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com 216-210-7653