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$2,400,000
401-427 Cleveland St, Elyria, OH 44035
0 Beds
0 Baths
n/a sqft

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Fantastic opportunity to own this well kept 24,871 SF retail shopping plaza! Triple net leases with long term tenants. Cap rate at full occupancy is approximately (9.124%). Building behind plaza on Winckles Street is part of the property and included with the sale.
  • Price:
  • $2,400,000
  • Acreage:
  • 0.83
  • Year Built:
  • 1950
  • Listing ID #:
  • 4325709
  • Street Address:
  • 401-427 Cleveland St
  • City:
  • Elyria
  • State:
  • Ohio
  • Postal Code:
  • 44035
  • County:
  • Lorain
  • Community:
  • Elyria (elyria Township/ Carlisle Township)
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Type Of Roof:
  • Asphalt, Fiberglass
  • Year Built:
  • 1950
  • Approximate Lot Size Range Source:
  • Public Records
  • Days On Market:
  • 48
  • Lease Rate:
  • 221976
  • On Market Date:
  • 2021-10-14
  • Originating Mls:
  • Yes-Mls
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $40,301
  • Tenant Pays:
  • All Utilities
  • Parking Description:
  • On Site, Private
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Forced Air, Gas
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By RE/MAX Real Estate Group
  • The listing information herein is provided through the MLS IDX database. Information is deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of NEOHREX. NEO

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