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Don't have an account?Estimated Monthly Payment: $769.60
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229 5th St, Elyria, OH 44035 ? Mixed-Use Opportunity Awaits. Discover the untapped potential of this versatile mixed-use property located in the heart of Downtown Elyria. Zoned for mixed use, this unique offering features a former chiropractic office on the first floor and a comfortable two-bedroom, one-bathroom apartment on the second floor ? ideal for the savvy investor or owner-occupant who dreams of living upstairs while running a business below.**Renovation Potential That Inspires.** The expansive first-floor office space is primed for conversion into one or multiple residential apartments, and the large attic space offers even more opportunity ? the current owner has architectural drawings already prepared for completing an additional apartment upstairs. Whether you envision a thriving multi-unit rental property or a creative live-work arrangement, the possibilities here are truly exciting.**Parking That Delivers.** A generous gravel parking lot accessible from Barres Street, combined with a private driveway off 5th Street, provides multiple ingress and egress points ? a rare advantage for both residential tenants and commercial visitors alike. Efficiency is built in, with separate HVAC and hot water systems.
$185,000
Estimated Monthly Payment: $769.60 (including taxes & insurance estimates)
Edit mortgage details for a more accurate payment| City: Elyria | Property Type: Commercial - Business | |
| Subdivision: Heman Els Add | Lot Size: 0.21 Acres | |
| School District: Elyria City | Taxes: $3,647 | |
| Status: Active | Year Built: 1900 | |
| MLS#: 5204709 |
| Property Type: Commercial - Business | Parcel#: 06-26-044-000-008 | |
| Basement: Full, Sump Pump, Unfinished | Parking: Alley Access, Driveway, Gravel, Parking Lot | |
| Basement: Yes | Roof Type: Rubber, Rolled/Hot Mop, Slate | |
| Building Features: Private Restrooms, Reception Area | Sewer: Public Sewer | |
| Cooling: Central Air | Taxes: $3,647 | |
| Heating: Gas | Water: Public | |
| Lot Size: 0.21 Acres | Year Built: 1900 |
| School District: Elyria City |
Listed By
Agency Name: Northern Ohio Realty
Agency Contact: 440-366-0099, northernohiorealty@gmail.com
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
| Fips |
| Fips Code39093 |
| Population |
| 2020 to 2025 Changeup 3.3% |
| 2010 Count301,356 |
| 2020 Count312,964 |
| 2025 Estimate (V2025)323,219 |
| 2020 Estimate (V2025)312,956 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1721.1% |
| 18 to 6453.0% |
| 65 and Older20.7% |
| Gender |
| Male49.6% |
| Female50.4% |
| Place of Birth |
| Foreign3.1% |
| US96.9% |
| Education |
| High School Graduate, Age 25+91.8% |
| Bachelor's Degree or Higher, Age 25+28.5% |
| Computer and Internet use |
| Households with a computer94.8% |
| Households with a broadband Internet subscription88.9% |
| Language |
| English is Second Language, Age 5+7.8% |
| English is First Language, Age 5+92.2% |
| Veterans |
| Veterans18,512 |
| Income |
| Per Capita Income$40,798 |
| Median Household Income$73,347 |
| People in Poverty10.8% |
| Commute |
| Average Work Commute Time26 minutes |
| Housing |
| Total Housing Units136,666 |
| Households127,544 |
| Average Household Size2.42 |
| Owner-Occupied74.0% |
| Multi-Family17.0% |
| Owner-Occupied Median Value$223,200 |
| Median selected monthly owner costs -with a mortgage$1,525 |
| Median selected monthly owner costs -without a mortgage$629 |
| Median gross rent$966 |
| Building Permits |
| New Private Housing Issued 20241,331 |
| Years at Residence |
| 1 Year or More90.9% |
| Less Than 1 Year9.1% |
| Business and Employment |
| Private non-farm Establishments5,664 |
| Private non-farm Employment89,159 |
| Private non-farm Employment Growth0.0% |
| Nonemployer Establishments21,949 |
| Number of Firms4,759 |
| 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 Area491.10 sq. miles |
| Population Per Square Mile614 |