Good Deal Used Cars

2396 N Ridge Rd Elyria, OH 44035

2396 N Ridge Rd, Elyria, OH, 44035
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,100,000
Last Verified:
Sep 06, 2024

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Highlights

  • The only 1.32-acre, corner lot available for sale in Elyria
  • Prime location at the intersection of Elyria, Lorain, and Sheffield with heavy traffic flow
  • Ideal for a new owner of a car dealership with a service garage or the lot could be converted into a gas station or a convenience store
  • Lot Consists of Two Addresses/Four Parcels: 2396 N Ridge Rd, Elyria, OH 44035 & 3138 W River Rd N, Elyria, OH 44035
  • Could be sold together with 2480 North Ridge & 1.67 Residential Lot (APN:0300075113019)

Description

Explore the potential of this 1.32-acre property at the intersection of Elyria, Lorain, and Sheffield. The lot consists of two addresses and four parcels – 2396 N Ridge Rd, Elyria, OH 44035 & 3138 W River Rd N, Elyria, OH 44035.

Formerly home to the "Good Deal Used Cars" dealership, complete with a fully-equipped service garage, this lot also features a residential house with a garage, presenting a seamless turnkey solution for automotive entrepreneurs. The strategic layout of the property opens doors to various business opportunities, making it an optimal choice for a new owner aiming to capitalize on the robust traffic flow in this high-demand location.

The location and layout of the lot not only have the potential for continuing their automotive legacy but also present an opportunity for transformation into a gas station, a convenience store, or a self-storage facility.

Explore the potential of this 1.32-acre property at the intersection of Elyria, Lorain, and Sheffield. The lot consists of two addresses and four parcels – 2396 N Ridge Rd, Elyria, OH 44035 & 3138 W River Rd N, Elyria, OH 44035.
Formerly home to the "Good Deal Used Cars" dealership, complete with a fully-equipped service garage, this lot also features a residential house with a garage, presenting a seamless turnkey solution for automotive entrepreneurs. The strategic layout of the property opens doors to various business opportunities, making it an optimal choice for a new owner aiming to capitalize on the robust traffic flow in this high-demand location.
The location and layout of the lot not only have the potential for continuing their automotive legacy but also present an opportunity for transformation into a gas station, a convenience store, or a self-storage facility.


Year Built: 1967
Building Size: 1860sq ft
Building Class: C
Lot Size: 1.32 acres

Map of 2396 N Ridge Rd, Elyria, OH, 44035

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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