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4259 Lake Rd

4,850 SF Office Building Lorain, OH 44054 $1,049,000 ($216/SF)

Executive Summary

Lakefront Office Oasis in Sheffield Lake
Prime Location, Stunning Views, Endless Potential
Discover this exceptional lakefront office space, boasting over 4,700 square feet of prime office area with breathtaking views of the lake. This versatile property is perfect for owner-occupants or savvy investors seeking a unique opportunity.
Key Features:
Expansive Office Space: Multiple offices, a spacious waiting area, and a convenient kitchenette to accommodate your business needs.
Ample Parking: Over 20 dedicated parking spots for your clients and staff.
Significant Investment: Over $100,000 invested in a new break wall in the past two years, ensuring long-term protection and enhancing the property's value.
Lakefront Serenity: Enjoy the tranquility and inspiration of stunning lake views from your office.
Don't miss this rare chance to own a prestigious lakefront office space in a prime location. Contact us today to schedule a private tour and explore the endless possibilities this property offers.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,850 SF
Building Class
B
Year Built/Renovated
1990/2015
Price
$1,049,000
Price Per SF
$216
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,425 SF
Building FAR
0.17
Lot Size
0.65 AC
Zoning
B-1 - Office Building
Parking
26 Spaces (5.36 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Waterfront
  • Kitchen
  • Reception
  • Central Heating
  • Fully Carpeted
  • High Ceilings
  • Partitioned Offices
  • Shower Facilities
  • Drop Ceiling
  • Outdoor Seating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-00-040-101-001
Land Assessment
$60,984 (2023)
Improvements Assessment
$140,473 (2023)
Total Assessment
$201,457 (2023)
  • Listing ID: 33882380

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 4259 Lake Rd, Lorain, OH 44054

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