318-322-330 Prospect, Elyria, OH
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318-322-330 Prospect, Elyria, OH
3 Specialty Properties Offered at $450,000 in Elyria, OH
Investment Highlights
- This property in Elyria, spanning 0.65 acres, includes a profitable carwash and two single-family homes.
- The property can be converted for residential or commercial use.
- The property is zoned as business opportunities and offers multiple income streams from rental potential and the carwash.
Executive Summary
Attention investors! This unique property offers a prime opportunity in Elyria with easy access to downtown, bordering both residential and industrial areas. Spanning 0.65 acres across five contiguous lots, it includes a profitable 4-bay, self-service carwash, plus two single-family homes. The first home is a well-maintained 1,300 sqft residence with a 2-car garage, while the second home requires a complete renovation or rebuild, providing a great value-add opportunity. Zoned as Business Neighborhood, these legacy single-family homes can continue as residential properties or potentially be converted for commercial use. If that wasn’t enough, there is a contiguous .22 acre, single family property that is also available and listed separately. With a strategic location and multiple income streams from rental potential and the carwash, this property is a versatile investment ready for a creative buyer. Don’t miss the chance to own this multi-use opportunity!
Property Facts
| Price | $450,000 | Number of Properties | 3 |
| Price / SF | $118.42 / SF | Individually For Sale | 0 |
| Sale Conditions | Bulk/Portfolio Sale | Total Building Size | 3,800 SF |
| Sale Type | Investment | Total Land Area | 0.65 AC |
| Status | Active |
| Price | $450,000 |
| Price / SF | $118.42 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,800 SF |
| Total Land Area | 0.65 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 330 Prospect St, Elyria, OH 44035 | Specialty | 1,000 SF | 1900 | - |
| 322 Prospect St, Elyria, OH 44035 | Specialty | 1,300 SF | 1900 | - |
| 318 Prospect St, Elyria, OH 44035 | Specialty | 1,500 SF | 1900 | - |
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318-322-330 Prospect, Elyria, OH
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