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$24,000
Est. payment /mo
2,200 SqFt
UPDATED:
11/17/2024 01:59 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $10
Subdivision Sheffield Land Co
MLS Listing ID 4427492
HOA Y/N No
Abv Grd Liv Area 2,200
Year Built 1930
Annual Tax Amount $820
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Welcome to an exceptional investment opportunity in Lorain! This commercial listing at 2104 E 28th St, offers a versatile mixed-use property with immense potential. Boasting a central location within the Sheffield Land Co subdivision, this property is strategically positioned for both business and residential purposes. Constructed in 1930, this two-story building encompasses a total of 2,200 sqft, providing a promising canvas for your entrepreneurial vision. As you explore the 0.14-acre lot, you'll find that it features parking space for two vehicles, ensuring convenience for customers or residents. The property is zoned for mixed-use, making it suitable for a range of purposes, from retail to office space. The main level, previously operated as a restaurant and bar, holds great potential for customization to meet your business needs. Whether you envision a restaurant, office space, or retail establishment, the adaptable layout offers the flexibility to bring your vision to life. The property's flat rubber roof and full, unfinished basement contribute to the structural integrity and further expansion possibilities. The upper level, a spacious apartment, provides an excellent opportunity for additional income. The walls between bedrooms have been removed, offering a fresh start for customization and layout optimization. While both units require some TLC and updates, the property's solid foundation and prime location make it an enticing investment. With annual taxes totaling $820, this property aligns with strategic investment goals. The surrounding area features convenient access to public transportation and amenities, enhancing the property's attractiveness for potential tenants or customers. Take advantage of this unique opportunity to operate a business and reside above it or generate income from both the commercial storefront and the sizable apartment space. Schedule your showing today to explore the possibilities and embark on your investment journey in Lorain!!
Location
State OH
County Lorain
Rooms
Basement Full, Unfinished
Interior
Heating Gas, Hot Water, Steam
Cooling None
Fireplace No
Exterior
Garage Outside, Paved, On Street
Water Access Desc Public
Roof Type Flat,Rubber
Total Parking Spaces 2
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Lorain Csd - 4709
Others
Tax ID 03-00-085-104-002
Security Features Security System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Majdey Taye • Coldwell Banker Schmidt Realty • majdey.taye@cbschmidtohio.com (440) 454-2456