Commercial Real Estate for Sale at 41957 N Ridge Road in Elyria, OH for $325,000

Listing data updated April 23, 2025 - 5:27pm
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41957 N Ridge Road | Elyria

$325,000 | 0.0 Sq. Ft.

Prime Income-Generating Commercial Property\r\nSeize this incredible investment opportunity! This versatile property features a 7,092 sq. ft. main building divided into three distinct spaces: a rear unit (3,452 sq. ft.), plus center and front units (each 1,800 sq. ft.) with upstairs offices. A garage and a newly renovated single-family home add even more potential.\r\nCurrently, the large and center spaces and garage are leased, generating $2,550/month in rental income, with room to increase earnings. Located in a high-traffic commercial area with ample parking, this property is perfect for continued rental income or launching your own business. Don\u2019t miss this prime opportunity\u2014schedule a showing today! MLSNow 5105267

Directions to property: 254 to North Ridge Rd.

MLS Listing ID: 
MLSNow 5105267
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$325,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Elyria
Address: 
41957 N Ridge Road, Elyria, OH 44035
County: 
Lorain
Latitude: 
41.4176920
Longitude: 
-82.1349760
Directions: 
254 to North Ridge Rd.
Public Remarks: 
Prime Income-Generating Commercial Property\r\nSeize this incredible investment opportunity! This versatile property features a 7,092 sq. ft. main building divided into three distinct spaces: a rear unit (3,452 sq. ft.), plus center and front units (each 1,800 sq. ft.) with upstairs offices. A garage and a newly renovated single-family home add even more potential.\r\nCurrently, the large and center spaces and garage are leased, generating $2,550/month in rental income, with room to increase earnings. Located in a high-traffic commercial area with ample parking, this property is perfect for continued rental income or launching your own business. Don\u2019t miss this prime opportunity\u2014schedule a showing today!
Community Information
School District: 
Elyria CSD - 4706
Subdivision: 
Wilbur Heights
Building Details
Details about the building on a property.
Year Built: 
1920
Living Area: 
0.0
Basement: 
None
Construction
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Wall Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.86
Lot Size (Area): 
0.86
Lot Features
Parking Type: 
Additional Parking,Direct Access,Paved
Total Parking Spaces: 
36
Public Record
Parcel Number: 
06-22-018-102-020
Annual Tax: 
$6,875.78
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Virginia Lindsay
Listing Co-Agent Name: 
Karry York
Listing Office Name: 
Keller Williams Citywide
Listing Co-Office Name: 
Keller Williams Citywide

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