Business Overview

Tucked away in a quiet corner of the city of Lorain. Entering through the electric-powered security gate with gate code spanning approx. 14ft. wide, the property opens up to 0.72 acres of partially fenced-in land with an approx. 3000s.f. (40’x75′) warehouse attached to the back of the rental property. Focusing on the warehouse. Built approx. in 1999, it has 5 drive-in garage doors with an approx. 13ft. height clearance. Below your feet is 5″ of poured concrete flooring for light manufacturing weight capacity. All utilities are on one meter for both front house and warehouse; 220V Electric Box. Focusing on the tenant-occupied home, this is a 3 bed 1 full bath home with an unfinished basement. Central A/C is in great shape, as is the roof, and the home was taken down to the studs when the owner bought it, per owner. This single-family residence (zoned commercial as it was the office for the property, converted into a tenant-occupied rental), this incredible opportunity is ready for a number of possible business ideas with very low property taxes! Buyer should do their own due diligence for lot lines and exact measurements of everything stated. These are approximations based on the Seller’s info and Agent’s measuring. This is not deemed guaranteed precise information. *Also includes parcels stated in info and parcel 0200093109051

Financial

Seller Financing Available

  • Asking Price: $449,900
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 1999

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:31,020
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A