Leslie Yoder (330) 418-3627
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24265 Lorain Road North Olmsted, OH 44070

Commercial - Retail MLS 5154839 Sold New to the Market
Closed 250000
  • 24265 Lorain Road , North Olmsted, OH 44070 Photo 1
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Listed By

Agency Name: RE/MAX Omega
Agency Phone: 330-225-2880

Shown By

Agent Name: Leslie Yoder
Agent Phone: (330) 418-3627
Agency Title: Cutler Real Estate

Contact Leslie Yoder About This Property

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Property Description

LOCATION,LOCATION, LOCATION. Bring your imagination and your ideas. So much potential Operate your business or add to your investment portfolio. The 1,400 SF 3-bedroom home with one and half baths presently generating income. The 3,089 SF former auto body is waiting for your touch. Situated in the heart of North Olmsted this high traffic property has lots of promise. Property being sold AS IS. Call Your Favorite Agent Today.

Property Features

Property Type: Commercial - Retail
Cooling: Wall/Window Unit(s)
Days on Market: 260
Heating: Forced Air
Lot Size: 0.36 Acres
Taxes: $9,016 / year
Year Built: 1957

Feature Descriptions

Parcel#: 237-04-004
Sewer: Public Sewer
Water: Public

Local Schools

School District: North Olmsted City

Demographics

Cuyahoga County Demographic Information for
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

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