42483 Ridge RdElyria, OH 44035

For Sale
$550,000

High-traffic retail space, excellent visibility.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2,881 square foot freestanding commercial property, located at 42483 N Ridge Rd in Elyria, Ohio, presents a lucrative investment opportunity. Priced at $550,000, this retail space sits on a prominent 0.52-acre corner lot, boasting unparalleled visibility and accessibility. The building currently functions as an auto service center, offering a versatile layout adaptable to various retail uses. Its strategic location benefits from high daily traffic volume, with 11,147 vehicles passing on N. Ridge Rd and 4,374 on Elyria Ave. Furthermore, convenient access to OH-2, a major thoroughfare with 59,729 vehicles per day, ensures significant exposure to potential customers. The property is surrounded by a thriving retail environment, including established businesses such as Speedway, Subway, Marc's, Dollar Tree, and O'Reilly Auto Parts, creating a synergistic and attractive commercial landscape. This property's combination of size, location, and high traffic counts makes it an ideal investment for discerning buyers seeking a strong return on investment in a bustling Ohio market. The property's zip code is 44035, and it is situated in Lorain County.

Highlights

  • $550,000 asking price.
  • 2,881 square foot freestanding auto service center.
  • 0.52-acre corner lot.
  • High traffic counts: 11,147 VPD on N. Ridge Rd and 4,374 VPD on Elyria Ave.
  • Excellent access to OH-2 (59,729 VPD).
  • Strong retail co-tenancy including Speedway, Subway, Marc's, Dollar Tree, and O'Reilly Auto Parts.

Property Details for 42483 Ridge Rd

Property type
Other retail properties, Retail properties
Square Feet
2,881 SF
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Elyria
County
Lorain
State
Ohio
Latitude
41.4178975
Longitude
-82.1447735
42483 Ridge Rd, Elyria, Ohio

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42483 Ridge Rd
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