Address
29603/29597/29543 Lorain Rd, North Olmsted, OH
Price
$ 1,925,000
Property Attributes
  • MLS#4387028
  • TypeCommercial
  • CountyCUYAHOGA
  • CityNorth Olmsted
  • Zip44070
  • Style
  • Price$ 1,925,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18000
  • Lot Size2.71 Acres
Data Source:
MLSNow
Property Description

Great opportunity to own a well maintained prime location on Lorain Rd. with 3 parcels. This property has 2 buildings to choose from to run your business out of. The property has 2 separate parking areas & 2 separate driveways with security lighting & a lit sign on Lorain Rd.. Retail space with a tenant run bakery, office building, and vacant lot to build or expand on. The expansive office building currently runs OSV Productions with space for media area, several offices, break rm., studio production area, reception area, etc. with a 18ft high ft overhead door. Seller willing to lease back building if buyer elects. The retail space houses 2 small businesses-one with a drive up window (currently leased). Front building was built in 1977, one part of the back building was built in 1996, and the addition was put in 2003.

Price History
6/29/2022 Listed $1,975,000
4/6/2023 3% - $1,925,000

General Features

Additional Parcels Description 23420017, 23420018
Additional Parcels Y/N No
Association Y/N No
Basement None
Building Features Lunchroom, MeetingRooms, PrivateRestrooms, PoleSign
Buyer Agent Compensation 2
Carport Y/N No
City North Olmsted
Cooling CentralAir
County Cuyahoga
Directions west of Stearns Rd.
Garage Y/N No
Heating Electric, ForcedAir
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Mobilehomeremainsyn No
New Construction No
Occupancy Description Owner
Ownerpays AllUtilities
Percent Ownership Principal/NR
Possession Other
Private Pool No
Property Attached Y/N No
Property Sub Type Additional Other
Property SubType Other
Property Type CommercialSale
Rent Control Y/N No
Roof Asphalt, Fiberglass, Rubber
Security Features SecuritySystem, SecurityLights
Senior Community Y/N No
Sewer PublicSewer
Standard Status Active
Status Active
Street Name 29603/29597/29543 Lorain
Terms Cash, Conventional
Township North Olmsted
View Y/N No
Virtual Tour https://www.propertypanorama.com/296032959729543-Lorain-Rd-North-Olmsted-OH-44070/unbranded
Waterfront Y/N No
Year Built 1977
Year Built Details Actual YBT

Interior Features

Above Grade Finished Area 18000.0
Air Conditioning Y/N Yes
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Road

Exterior Features

Attachedgarageyn No
Days on Market 327
Living Area 18000.0
Building Area Total 18000.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 2.71
Lot Size Area 2.71
Lot Size Source PublicRecords
Lot Size Units Acres
Open Parking Y/N No
Parking Features Driveway, Indoor
Spa No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 44070

Price
AVG $850K
$1.93M
Visits
AVG 108
61
Year Built
AVG 1981
1977
Walkscore
AVG 47
42
Data Provided by Walkscore ® not using MLS data

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