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561 Ternes 561 Ternes Ln

15,496 SF Industrial Building Elyria, OH 44035 $1,220,000 ($79/SF)

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Investment Highlights

In office there are new ceilings, lighting, and carpet. Freshly painted.
Outfitted with a 13'4" clear height in warehouse area. Plus air-conditioned assembly area.

Features a dock and a drive-in door.
Rents are modest. Monthly mortgage payments are lower than rent and include equity build-up.

Executive Summary

561 Ternes Avenue is an attractive brick and masonry building with a dock and a drive-in door. Offered for sale or lease, this property was previously used as an industrial processing area and later a demo area. 561 Ternes is the ideal building for assembly, demo, or testing uses. The offices are air-conditioned and features new ceilings, lighting, carpet and fresh paint. Assembly area of the industrial space can be air-conditioned!

561 Ternes Lane

Property Facts

Price	$1,220,000	No. Stories	1
Price Per SF	$79	Year Built	1970
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.81/1,000 SF
Property Subtype	Warehouse Industrial Manufacturing Showroom Industrial Service	Clear Ceiling Height	13’4”
Building Class	C	No. Dock-High Doors/Loading	1
Lot Size	0.88 AC	No. Drive In / Grade-Level Doors	1
Rentable Building Area	15,496 SF

Price	$1,220,000
Price Per SF	$79
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Industrial Manufacturing Showroom Industrial Service
Building Class	C
Lot Size	0.88 AC
Rentable Building Area	15,496 SF
No. Stories	1
Year Built	1970
Tenancy	Single
Parking Ratio	1.81/1,000 SF
Clear Ceiling Height	13’4”
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	1