Mixed-Use Land for Sale in Elyria, Ohio

318-322-330 Prospect Elyria, OH 44035

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$450,000
0.65 acres
Active sale agoEst $3,825/mo

Attention investors! This unique property offers a prime opportunity in Elyria with easy access to downtown, bordering both residential and industrial areas. Spanning 0.65 acres across five contiguous lots, it includes a profitable 4-bay, self-service carwash, plus two single-family homes. The first home is a well-maintained 1,300 sqft residence with a 2-car garage, while the second home requires a complete renovation or rebuild, providing a great value-add opportunity. Zoned as Business Neighborhood, these legacy single-family homes can continue as residential properties or potentially be converted for commercial use. If that wasn't enough, there is a contiguous .22 acre, single family property that is also available and listed separately. With a strategic location and multiple income streams from rental potential and the carwash, this property is a versatile investment ready for a creative buyer. Don't miss the chance to own this multi-use opportunity!

Directions

SR 57 to West on E. Broad St to North on Prospect

Location

Street Address
318-322-330 Prospect
School District
Elyria CSD - 4706
Elevation
732 feet
Coordinates
41.3678, -82.0884

Property details

MLS Number
NEOHREX 5087134
Date Posted

Property taxes

2023
$6,724

Parcels

  • 06-25-016-108-012

This 0.65-acre property is located at 318-322-330 Prospect in Elyria, OH 44035 with latitude 41.3678 and longitude -82.0884. The property is currently available for sale for $450,000 with a price per acre of $692,308. Listing data is sourced from MLS Now # 5087134.

Verify sale details at the property source or contact Russell Real Estate Services at (440) 268-9491.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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