500 Middle AvenueElyria, OH 44035

Property Description

What a great building for versatility. You have almost 10,000 sqft of building space (including the roughed in walls on the 2nd story) near downtown Elyria that offers widespread business opportunities with high traffic and visibility benefits. Location, Location, Location! Consider having one large business with separate departments, or since there's 4 separate entrances, and walls dividing the space, it can be a great rental for 3 separate businesses, as well as an unfinished 2nd story area that can be transformed into 2 or more apartments, or more bonus space too. This building can be a clean slate to bring your business ideas, architect and contractor to bring it back to its fullest potential. Refer to the uploaded B-N Business district permitted and conditionally permitted zoning use list. The facade may qualify for the Cities Business Dvlpmt Grant and/or low cost financing for interior improvements as well. Contact Dawn Colvert (Asst safety service director for Elyria) for more details. Buyers are encouraged to do their own Due Dilligence. It has been vacant for many years with minimal knowledge and/or guarantees about the condition. The primary parking lot included with this purchase is across the street on 5th street (It has a garage on it). The lot can accomodate 15 cars with the garage intact, and 18 cars without the garage, and 3 more parking spots behind this building. Sellers recommend including the 2 story home behind the building as a package deal (refer to MLS#5178621) for the land to expand more parking spaces (if needed). It's highly recommended to view the buildings during daylight hours & bring your own flashlights. WARNING:The property may contain mold/fungal growth. Visitors viewing the property with sensitivities should be aware of this and are advised to wear appropriate protective coverings as they feel fit. Entry is at the visitor's discretion. Building is being sold in its As-is current condition. Please qualified CASH Buyers only.

Property Features

Local Schools