175 Lake Avenue Elyria, OH ^$ 720,000

175 Lake Avenue

^$ 720,000

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175 Lake Avenue

Elyria, OH, 44035

^$ 720,000

Studio Baths0.0 Sq 1,980

Monthly Estimate*

^$ 4,785

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Studio

Commercial Property for sale in Elyria, OH

for $720,000. This 1,980 square foot building was built in 2022 on a lot size of 0.26.

Discover a prime opportunity with this 1980 sq ft laundromat for sale in Elyria, Ohio. Strategically positioned at a traffic light, it offers high visibility and convenience. Equipped with top-tier Dexter commercial machines, the laundromat ensures efficiency and quality. Amenities include coin-operated machines, a clean public bathroom, and convenient snack and soda vending machines. With approximately 12-15 parking spaces, customers can easily access the establishment. This turn-key business promises both convenience and potential for growth in a bustling location.

Commercial Active

Price

^$ 720,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,076

Style

Lot Size

0.26

Year Built

2022

Town/City

Elyria

County/Region

Lorain

MLS | Web ID

4482631

Features

General

Sewer PublicSewer

Heating ForcedAir Gas

Cooling CentralAir

Possession Negotiable

Roof Asphalt Fiberglass Metal

Year Built 2022

Property SubType Retail

County Lorain

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Subdivision Name Elyria Westside

Garage Y/N N

Building Features PublicRestrooms

Status Active

Directions Lorain Blvd to Lake Ave. Corner of Lake and Furnace St.

City Elyria

View Y/N N

Senior Community Y/N N

High School District Elyria CSD - 4706

Waterfront Y/N N

Carport Y/N N

Street Name Lake

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 3076.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 174

Standard Status Active

Middle/Junior School District Elyria CSD - 4706

Elementary School District Elyria CSD - 4706

Property Sub Type Additional Retail

Legal Description W OF R 59 X 177 UPDATE LEGAL

Interior

Basement None

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 1980.0

Street Suffix Avenue

Electric On Property Y/N N

Main Level Bathrooms 0

Above Grade Finished Area Source Assessor

Exterior

Parking Features OnSite Paved

Water Source Public

Total Parking 15.0

Lot Size Area 0.26

Number of Buildings 1

Spa N

Building Area Total 1980.0

Lot Dimensions 59x177

Lot Size Acres 0.26

Lot Size Units Acres

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 175

* Excluded Features

List By

Sharon A Holderbaum

Listing Agent

Bhhs Stouffer Realty

Broker

sholderbaum@stoufferrealty.com

Affordability Calculator

$5,042

Per Month

Monthly Principal & Interest: $4,785
Monthly Property Taxes: $256
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Elyria, OH

Average List Price ^$1,767,925

Percent of Sale Price 146%

About Elyria, OH

53,416 Population

-4% Since 2002

^$41,229 Median Income

39.72 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457381 Elementary School

4457830 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/31/2023	$720,000		Listed Price

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175 Lake Avenue, Elyria, OH, 44035 is a Commercial Property for sale at $720,000 with 1,980 sqft and a lot size of 0.26. 175 Lake Avenue is a studio with 0.0 baths and was built in 2022. The property's zip code is 44035 which is in Elyria, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/6/2024.

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175 Lake Avenue

Commercial Property for sale in Elyria, OH

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