North Olmsted, OH 44070,24265 Lorain
North Olmsted, OH 44070,24265 Lorain
North Olmsted, OH 44070,24265 Lorain
25
$350,000
$475,000
26.3%
Est.Price: ?

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0.36 Acres Lot

24265 Lorain North Olmsted, OH 44070

Est. payment /mo
SOLD DATE : 04/23/2024

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Key Details

Sold Price $350,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Dover

MLS Listing ID 5010657

Sold Date 04/23/24

HOA Y/N No

Year Built 1957

Annual Tax Amount $9,372

Tax Year 2023

Lot Size 0.358 Acres

Acres 0.3581

Property Description

Welcome to an excellent opportunity to own and operate your business from home. This property, currently functioning as an auto repair restoration shop, can be continued as is or transformed for a new venture. The 1,400 SF 3-bedroom, 1.5 bathroom with an in-law suite home can serve as your residence or generate extra income through rental (current tenants are on a month-to-month basis). The 3,089 SF auto body shop includes a spray/paint room, air compressor system, and the option to retain the existing business name, license, and phone number. The property is being sold "as is" by a highly motivated seller.
Situated in North Olmsted, Ohio, an area thriving with multiple car dealerships, Great Northern Mall & Great Northern Plaza, and a diverse array of major retailers, this location is ideal for owning an auto body shop. North Olmsted is supported by multiple hotels, office buildings, and apartment complexes, and benefits from its close proximity to Cleveland's major international airport (Hopkins). The demographic makeup of the area is dense with above-average incomes, ranging from $85,000 to $102,000 within a five-mile radius.

Location

State OH

County Cuyahoga

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Water Access Desc Public

Present Use Automotive,Commercial

Building

Sewer Public Sewer

Water Public

Schools

School District North Olmsted Csd - 1820

Others

Tax ID 237-04-004

Financing Cash

Special Listing Condition Standard

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Listed by Andrea Mapel • EXP Realty, LLC. • andrea@theiconicpartners.com 440-554-1960
Bought with Andrea Mapel • EXP Realty, LLC.

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Derek Villers

REALTOR/Salesperson | License ID: WVS200301302

+1(304) 532-4907

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