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31255 Lorain RD North Olmsted, OH 44070
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Key Details
Sold Price $330,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5096089
Sold Date 04/30/25
HOA Y/N No
Year Built 1957
Annual Tax Amount $6,858
Tax Year 2024
Lot Size 1.480 Acres
Acres 1.48
Property Sub-Type Mixed Use
Property Description
Don't miss the opportunity to utilize this high traffic, high visibility mixed use property making it an ideal investment opportunity that blends residential & commercial zoning. This 2,973sqft all brick solid structure w/good character and features that include 2 bedroom down & 2 up, 2 full baths, 1 1/2 bath a huge Great Room, office space, kitchenette, conference rooms and an enormous basement 1,982 sqft for storage. The property is ready to be remodeled for your specialty business or take advantage of this convenient location with a 1.48 acre lot (79 x 906 lot dimensions) or by building your own business structure on the lot. The property is perfect for a landscaping company, electrician, plumber, insurance company or anything sales related. Updates- Newer driveway with 12-inch-deep asphalt to the sidestep which allows access for freight trailers, Electrical Panel, Roof 15yrs & vinyl windows. Just seconds away from the I-480, and minutes away from the I-80, Turnpike access. This is a great price for a high value opportunity! LOCATION, LOCATION, LOCATION!!! Buyers are encouraged to do their own due diligence to get answers for any questions relating to zoning, and/or business related construction.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Driveway, Garage, On Site, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Story 1
Foundation Basement, Block
Sewer Public Sewer
Water Public
Schools
School District North Olmsted Csd - 1820
Others
Tax ID 234-09-014
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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Bought with Laura A Scott • HomeSmart Real Estate Momentum LLC