Address
1039 Bridge Dr, Lorain, OH
Price
$ 449,000
Property Attributes
  • MLS#4448685
  • TypeCommercial
  • CountyLORAIN
  • CityLorain
  • NeighborhoodHenderson-Colorado Indust
  • Zip44052
  • StyleIndustrial
  • Price$ 449,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.99 Acres
Data Source:
MLSNow
Property Description

Industrial warehouse (Zoned I-1 per Lorain City Zoning Map) just over 10,000 sq ft on 2 acres with a ton of paved parking and 2 ingress/egress access point doors. It currently has tenants occupying the space with one paying $3000/month and the other paying $1200/month as well as leasing a spot to an RV for $80/month. It has a newer roof and gutters, updated electrical, 2 newer overhead gas furnaces and a new alarm system. Both tenants want to stay and are on month-to-month leases and the the owner currently pays for utilities. The upside here is to implement triple net leases as well as lease out more of the exterior space to trucking companies, campers, RV's etc. and a big opportunity to create outdoor storage spaces to rent out.

Price History
4/5/2023 Listed $449,000

General Features

Additional Parcels Y/N No
Association Y/N No
Basement None
Buyer Agent Compensation 3/2
Carport Y/N No
City Lorain
Cooling None
County Lorain
Directions Off of Idaho Ave
Garage Y/N No
Heating Gas
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
Ownerpays None
Possession DeliveryOfDeed
Private Pool No
Property Attached Y/N No
Property Sub Type Additional Industrial
Property SubType Industrial
Property Type CommercialSale
Rent Control Y/N No
Roof Rubber
Senior Community Y/N No
Sewer PublicSewer
Standard Status Active
Status Active
Street Name Bridge
Subdivision Name Henderson-Colorado Indust
Tenant Pays AllUtilities
Terms Cash, Conventional, Trade
Township Lorain City Twp
View Y/N No
Virtual Tour https://www.propertypanorama.com/1039-Bridge-Dr-Lorain-OH-44052/unbranded
Waterfront Y/N No
Year Built 1960
Year Built Details Actual YBT

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Drive

Exterior Features

Attachedgarageyn No
Living Area 0.0
Showing Instructions Call Agent
Building Area Total 0.0
Crops Included Y/N No
Fencing ChainLink, Partial
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 1.99
Lot Size Area 1.99
Lot Size Units Acres
Open Parking Y/N No
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 44052

Price
AVG $620K
$450K
Visits
AVG 157
230
Year Built
AVG 1935
1960
Walkscore
AVG 50
32
Data Provided by Walkscore ® not using MLS data

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