1305 Taylor StElyria, OH 44035

For Sale
$778,000

19,800 SF Warehouse, Multi-Tenant, Owner-User Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 19,800-square-foot industrial property, located at 1305 Taylor St in Elyria, Ohio, presents a rare owner-user opportunity with strong cash flow potential. Situated on a 1.23-acre lot, this multi-tenant building boasts a 20-foot ceiling height, ideal for various uses. Currently, approximately 5,200 square feet is available for immediate occupancy, with an additional approximately 7,400 square feet potentially becoming available by December 31, 2024. The property is zoned L-1, permitting a range of uses including light manufacturing, warehousing, and automotive repair. Built in 1971, this well-located warehouse offers excellent access to major transportation arteries, providing convenient access to all of Northeast Ohio and Interstate 80, just 3.8 miles away. The asking price is $778,000, translating to $39 per square foot. This represents a compelling investment opportunity in a prime industrial park location. The property's multi-tenant configuration allows for both owner-occupancy and rental income generation, maximizing return on investment. This is a unique chance to acquire a versatile and strategically located industrial asset in a thriving market. The property's size, zoning, and location combine to create a highly desirable offering for a variety of businesses.

Highlights

  • Rare owner-user opportunity with strong cash flow potential in a prime industrial park.
  • 5,200 SF of immediately available space, plus an additional 7,400 SF potentially available by December 31, 2024.
  • Excellent interstate access, including proximity to I-80 (3.8 miles), serving Northeast Ohio.
  • L-1 zoning permits diverse uses including light manufacturing, warehousing, and auto repair.

Property Details for 1305 Taylor St

Property type
Other warehouses, Other industrial properties
Square Feet
19,800 SF
Year Built
1971
Lot Size (sq. ft)
53,579 SF

Location Insight

City
Elyria
County
Lorain
State
Ohio
Latitude
41.3708264
Longitude
-82.0703662
1305 Taylor St, Elyria, Ohio

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1305 Taylor St
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