44035 Ohio Commercial Properties for Sale

44035 Ohio Commercial Properties for Sale

$150,000
5242081 MLS
Bring your business vision to life or add a high-potential asset to your real estate portfolio! Located on a high-visibility corridor in Elyria, Ohio, this historic 2-unit commercial building spans approximately 1,900 square feet and is ready for its next chapter. Both units are completely vacant and listed for retail or commercial use, offering a completely blank canvas. The entire interior has been completely "white boxed"—freshly prepped, cleaned, and updated with open layouts, wood floors, and independent bathrooms so you can start customizing immediately. Key Property Features Flexible Configurations: The building features a common wall that can easily be removed to create one massive, open-concept commercial layout. Alternatively, keep the wall intact to operate your business out of one side while leasing out the other for an additional stream of rental income! Proven Historic Footprint: This location holds a rich history of steady local commerce. One unit served as a trusted plumbing and heating company for years, while the secondary unit most recently operated as a neighborhood barber shop. Premium Location & Convenient Access: Situated right on busy Lake Avenue, your business will enjoy excellent street exposure and foot traffic. Dedicated Rear Parking: Skip the headache of street-only parking! This property features a dedicated parking area in the rear of the building, easily accessible off Bond Street for staff and clients alike. Package Deal Alert: Live & Work or Triple Your Income! Looking to maximize your investment? The beautifully remodeled 3-bedroom, 1-bathroom residential home next door at 909 Lake Ave is also available for purchase! Combining both parcels gives investors a rare opportunity to control three separate income-producing spaces (two commercial units + one residential rental) side-by-side. Don't miss out on this competitively priced commercial space. Schedule your private walkthrough today and explore the possibilities!

913 Lake Avenue, Elyria

Listing Courtesy of: Mike Russo, mikerussogroup@gmail.com With EXP Realty, LLC.

$219,900
5240640 MLS
Turn-key 2,400 sq. ft. commercial warehouse/industrial facility with 10 ft X 12 ft overhead door in Elyria OH offering rare, high-demand mechanical infrastructure and exceptional yard capacity. Positioned on a double footprint that includes an adjacent parcel, this property provides ample space for fleet parking, equipment staging, or future expansion. Built for heavy trades, fabrication, machining, or service operations, the facility features 200-Amp, 480V, 3-Phase and 100 Amp 208V, 3 Phase electrical service and an operational 3-ton overhead bridge crane—air compressor with full perimeter air piping several hose reals and quick connects in various locations saving an incoming business tens of thousands in capital deployment and extensive utility lead times. The building has undergone comprehensive envelope, mechanical, and cosmetic updates to deliver a true move-in ready workspace. Key Facility & Mechanical Features Total Building Area: 2,400 sq. ft. clear-span commercial workspace. Heavy Power: 200-Amp, 480V, 100 Amp 208V, 3- Phase dedicated service. Material Handling: Fully operational 3-ton overhead bridge crane system. Lot & Expansion: Main parcel plus included adjacent lot for exterior storage, staging, or fleet parking. Drainage & Utilities: Functional in-floor drainage system in the main work bay. Recent Capital Improvements Roof & Envelope: Complete roof tune-up with reinforced seams, new sealing screws, commercial gutters, and extended overhangs. Interior/Exterior Aesthetics: Upgraded blue metal siding knee wall accents and refreshed perimeter landscaping. Shop Interior: High-output LED shop lighting fixtures and fresh paint throughout the workspace. Restroom: Fully renovated restroom facility with a new sink, ceiling light fixture, and exhaust fan.

435 Huron Street, Elyria

Listing Courtesy of: John Wannemacher, john@ishoreline.com With Keller Williams Greater Metropolitan

$210,000
5201644 MLS
A rare opportunity to acquire a 19-unit, 12-property scattered-site portfolio across Elyria and Lorain at $1,525,000, just 25 miles west of Cleveland. Fully occupied, the portfolio delivers $169,684 in NOI at a 9.98% cap rate, $66,377 in annual net cash flow, and a 15.02% cash-on-cash return on a $442,000 total investment. The seller is actively leasing the 2 remaining vacant units at rents consistent with the in-place portfolio, making this a stabilization-in-progress buy rather than a speculative one. The income is built on a foundation of heavy Section 8 participation across a market with deep voucher infrastructure. The Lorain Metropolitan Housing Authority manages over 3,100 active Housing Choice Vouchers, paying landlords an average of $1,075 per month, and Lorain County ranks 13th highest in Ohio by Fair Market Rent with the 2-bedroom FMR at $1,208. In-place rents across the portfolio range from $725 to $1,600, all at or below FMR, with predominantly tenant-pays-electric lease structures keeping operating costs lean. The demand fundamentals across both markets are structural. Elyria and Lorain together represent over 118,000 residents with renter-occupied rates of 39.9% and 44.2% respectively, supported by a Lorain County employment base of 150,000 jobs that grew 1.55% year-over-year. Median home values in the $140,000 to $154,000 range continue to push a significant share of the workforce into long-term rental demand. For the investor building a cash-flow-first, Section 8-anchored portfolio in a market that still prices like it is underappreciated, this offering is worth a close look.

122 Elbe Street, Elyria

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

$138,000
5166835 MLS
Exceptional commercial opportunity in Elyria! This fully remodeled freestanding office building offers approximately 3,000 square feet of flexible finished space across 3 levels, including a finished walkout basement with a private rear entrance. The property features 3 exits—front, side, and back—for convenient access & tenant separation. A new AC unit is being installed. Thoughtful renovations include updated mechanicals, efficient forced air gas heating, central AC, refreshed lighting, flooring, and upgraded restrooms on multiple levels. Interior spaces are bright and adaptable with a mix of open work areas, private offices & conference or training rooms that can accommodate a single professional user or multiple tenants. The lower level walkout provides additional functional space ideal for storage, a secondary suite, client meeting areas or back-of-house operations. Outside, the site offers a partially fenced yard, new landscaping, and parking for 8-10 vehicles across paved and gravel surfaces. Located on Cleveland Street near Center Ridge Road with easy access to I-90 and downtown Elyria, the building benefits from strong street visibility and an estimated daily traffic count of approximately 10,000 vehicles, delivering excellent exposure for businesses that rely on local clientele. Zoned B-N Business-Neighborhood District, the property permits a wide array of uses including professional offices, financial services, child care, personal services, neighborhood retail, small restaurants, educational facilities and similar neighborhood-serving businesses, making it attractive to entrepreneurs, owners and investors. Additional features include a newer asphalt shingle roof, public water & sewer, security and storage options, and multiple entrance points for flexible circulation. This turnkey, updated commercial asset is ready for immediate occupancy and offers an exceptional combination of location, functionality and investment potential in a thriving neighborhood.

524 Cleveland Street, Elyria

Listing Courtesy of: Majdey Taye, TheTayeGroup@gmail.com With RE/MAX Transitions

Selling Office: Russell Real Estate Services.

$210,000
5064379 MLS
Exceptional Commercial Opportunity in Prime Location! Presenting a rare estate sale of the former well-known Joe's Bar, a staple in the community for over 50 years. Property offers unparalleled visibility, fronting two major streets w/extremely high traffic flow & situated less than a mile from major highways, making it a prime location for any business. Currently zoned for Restaurant/Cafeteria/Bar use, this property includes a spacious, attached 3-bedroom apartment—ideal for additional income or owner-occupancy. Imagine the convenience of living where you work! The property features a spacious restaurant w/ample seating, two bathrooms, full basement, & .77-acre lot that offers additional parking & patio space. Sale includes all current equipment and a valuable liquor license, making it an unbeatable investment opportunity. Possibilities here are endless! While the property is priced "as-is," there's potential for rezoning, opening doors to a wide array of business ventures. Whether you’re looking to revive this iconic establishment, take advantage of the apartment rental possibilities, or launch your next business venture in a prime location, this property has it all. Don’t miss out on this unique chance to own a piece of local history (offered for sale for the 1st time in over 50 years) w/incredible potential. Call today to schedule your private tour!

40980 Butternut Park Court, Elyria

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

Selling Office: Keller Williams Greater Metropolitan.

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44035 Ohio Commercial Properties

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