42
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$75,000
Est. payment /mo
5,227 Sqft Lot
Active
2919 Grove AVE Lorain, OH 44055
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Sheffield Land Co
MLS Listing ID 5177463
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,143
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Other
Property Description
Versatile Mixed-Use Investment Opportunity in High-Traffic Location!
Welcome to 2919 Grove Ave in Lorain, a unique mixed-use commercial property offering two combined storefronts along with a residential 3-bedroom living quarters featuring really spacious bedrooms. This flexible layout creates multiple income possibilities—ideal for an investor looking to generate rental income from both the commercial and residential spaces, or for an owner-operator who wants the convenience of living on-site while running their business.
The property features separate utility meters, allowing the living quarters and storefronts to be independently metered for ease of management and flexibility. All spaces are equipped with central air conditioning and forced-air gas furnaces, providing comfort and efficiency year-round.
Located in a high-traffic area surrounded by established businesses, this property offers excellent visibility and accessibility, just minutes from major highways. Whether you're expanding your investment portfolio or seeking a live-work opportunity, this property presents strong potential in a convenient and well-traveled corridor.
Welcome to 2919 Grove Ave in Lorain, a unique mixed-use commercial property offering two combined storefronts along with a residential 3-bedroom living quarters featuring really spacious bedrooms. This flexible layout creates multiple income possibilities—ideal for an investor looking to generate rental income from both the commercial and residential spaces, or for an owner-operator who wants the convenience of living on-site while running their business.
The property features separate utility meters, allowing the living quarters and storefronts to be independently metered for ease of management and flexibility. All spaces are equipped with central air conditioning and forced-air gas furnaces, providing comfort and efficiency year-round.
Located in a high-traffic area surrounded by established businesses, this property offers excellent visibility and accessibility, just minutes from major highways. Whether you're expanding your investment portfolio or seeking a live-work opportunity, this property presents strong potential in a convenient and well-traveled corridor.
Location
State OH
County Lorain
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features On Site, On Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Lorain Csd - 4709
Others
Tax ID 03-00-094-109-002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Ralph Mercado • Russell Real Estate Services • RealtorRalphMercado@gmail.com, 440-340-1804
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