154 Woodbury StreetElyria, OH 44035

154 Woodbury StreetElyria, OH 44035

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$299,000 (Short Sale) - Active
Commercial - Business MLS 5187431
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Listed By

Agency Name: Home Equity Realty Group
Agency Contact: rnairair55@gmail.com, 330-350-0016

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Excellent mixed-use investment opportunity in the heart of Elyria. This property offers a versatile layout combining commercial and residential, making it ideal for investors seeking steady cash flow and long-term appreciation. The property features flexible commercial space on the main level with residential unit(s) above, providing multiple income streams under one roof. Warehouse shop area with its own restroom and office area. Two remodeled apartments upstairs, garage doors for access to the warehouse. Strong rental demand in the area, convenient access to major roadways, and proximity to downtown amenities enhance the property's appeal. Separate utilities, off-street parking, and functional floor plan add to the investment value. Perfect opportunity to add a mixed-use asset to your portfolio in a growing market. Great for seasoned investors or those looking to start building long-term wealth through real estate.

154 Woodbury Street | MLS# 5187431

This commercial property located at 154 Woodbury Street, Elyria, OH 44035 is currently listed for sale with an asking price of $299,000. Woodbury Street is located within the Elyria City school district. Search Elyria real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 1
Heating: Gas
Lot Size: 0.17 Acres
Taxes: $2,654 / year
Year Built: 1985

Feature Descriptions

Parcel#: 06-25-014-103-025
Units: 3

Local Schools

School District: Elyria City

Demographics

Lorain County Demographic Information for 154 Woodbury Street, Elyria, OH 44035
Fips
Fips Code 39093
Population
2020 to 2023 Change up 1.6%
2010 Count 301,356
2020 Count 312,964
2023 Estimate (V2023) 317,910
2020 Estimate (V2023) 312,956
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.4%
18 to 64 53.4%
65 and Older 19.9%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 2.8%
US 97.2%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 27.2%
Computer and Internet use
Households with a computer 93.8%
Households with a broadband Internet subscription 84.5%
Language
English is Second Language, Age 5+ 7.0%
English is First Language, Age 5+ 93.0%
Veterans
Veterans 17,970
Income
Per Capita Income $37,171
Median Household Income $67,272
People in Poverty 12.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 124,510
Average Household Size 2.45
Owner-Occupied 72.9%
Multi-Family 17.0%
Owner-Occupied Median Value $191,900
Median selected monthly owner costs -with a mortgage $1,474
Median selected monthly owner costs -without a mortgage $591
Median gross rent $886
Building Permits
New Private Housing Issued 2023 987
Years at Residence
1 Year or More 90.0%
Less Than 1 Year 10.0%
Business and Employment
Private non-farm Establishments 5,574
Private non-farm Employment 83,286
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,027
Number of Firms 20,914
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

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