Elyria, OH 44035,42857 N Ridge RD
Elyria, OH 44035,42857 N Ridge RD
Elyria, OH 44035,42857 N Ridge RD
31
$700,000
$875,000
20.0%
Est.Price: ?

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1.7 Acres Lot

42857 N Ridge RD Elyria, OH 44035

Est. payment /mo
SOLD DATE : 08/18/2023

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Key Details

Sold Price $700,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Newberry Trail

MLS Listing ID 4415288

Year Built 1999

Annual Tax Amount $16,547

Lot Size 1.700 Acres

Property Description

Prime property for development or investment income. Located right at the corner of North Ridge Road and Lake Avenue in Elyria. The income and expenses for the property are outlined in the income and expense section. Monthly rent is $6,959.00 & current owner will lease back office space for $1,000.00/month for 2 years if new owner is interested. The $7,200.00 miscellaneous expense includes electric, trash, water & sewer. There is a total of 6 buildings. Well traveled roadway with great visibility. Close to I-90 and the Ohio Turnpike.

Location

State OH

County Lorain

Exterior

Garage Assigned, Paved, Unpaved

Roof Type Asphalt,Fiberglass,Flat,Pitched,Rubber

Building

Water Public

Schools

School District Elyria Csd - 4706

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by David M Reddy • Keller Williams Citywide
Bought with David M Reddy • Keller Williams Citywide

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Coleena Groch

Agent/Office Manager | License ID: SAL.2016002210,220302318

+1(740) 278-6189

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