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620 E River St

22,179 SF Health Care Building Offered at $1,100,000 in Elyria, OH 44035

Investment Highlights

  • Adjacent to University Hospitals Elyria Medical Center
  • Immediate access to E Broad Street with access to Route 57 north and south to the east
  • Daily traffic counts of 5,127 VPD along E River St.
  • Zoned R-TH Residential Two Household
  • Close proximity to Downtown Elyria and Elyria Catholic High School
  • Neighboring businesses include University Hospitals, Unplugged Brewing, Lormet Community Federal Credit Union, Lorain County Court House and Justice C

Executive Summary

Redevelopment opportunity of former McKinley School, consisting of 22,179 SF on approximately 8 acres

Property Facts

Price $1,100,000
Price Per Bed $11,000
Sale Type Investment
Property Type Health Care
Building Class B
Lot Size 8.69 AC
Building Size 22,179 SF
No. Beds 100
No. Stories 2
Year Built 1900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-25-074-101-001
Land Assessment
$173,250
Improvements Assessment
$82,733
Total Assessment
$255,983

zoning

Zoning Code R-TH Residential (Zoned R-TH Residential Two Household)
R-TH Residential (Zoned R-TH Residential Two Household)
  • Listing ID: 32308595

  • Date on Market: 7/1/2024

  • Last Updated:

  • Address: 620 E River St, Elyria, OH 44035

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