Published on: Tuesday, July 2, 2024
Updated on: Tuesday, July 2, 2024
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About the Lister
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Name: Guzel Lubinski
Company: Golde Group Real Estate
Office Phone: 312-237-0290
Cell Phone: 312-237-0290
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  Commercial property
441 Griswold Road Elyria Ohio , 44035
441 Griswold Road Elyria Ohio                                                                                                , 44035 Golde Group Real Estate
Listing ID: CL-Ohio-10832

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Ohio-10832
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: N/A SqFt
Lot Size: 18 Acre
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Undevelope Land
Listing Summary
Introducing 441 Griswold Road, an exceptional 18-acre site in Elyria, Ohio, which is 23 miles southwest of Cleveland.
Complete Details
Year Build: N/A
Building Size: N/A
No of Stories: N/A
Total Lot Area: 18 Acre
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Undevelope Land
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Introducing 441 Griswold Road, an exceptional 18-acre site in Elyria, Ohio, which is 23 miles southwest of Cleveland. Boasting a coveted location at the corner of Griswold and W River Roads, this property offers prime exposure on a four-lane road, with easy access to major freeways including I-90, SR 57, SR 2, and I-80 from 7 different directions. 17 acres are zoned for B-G (general business use) with endless possibilities for development and asking price of $3,100,000. Two corner lots zoned B-AO (business automotive oriented) are ideal for gas stations, auto/body shops, drive-ins, convenience stores, fast food restaurants and can be sold separately for $700,000. All utilities, including fiber, are readily available, making this site truly shovel-ready. The presence of a charming forest and drainage area adds to the property's appeal and versatility. With the surrounding area lacking essential amenities such as a gas station, drug store, and medical facilities, 441 Griswold Road presents a unique opportunity to meet these needs. Situated in the heart of Lorain County, with a population exceeding 300,000, and close proximity to popular dining options and retailers including Bob Evans, Denny's, Wendy's, Midway Mall, this property is ideal for a range of development opportunities including a Professional Office Park.
Additional Properties
Property Other Use
  • Opportunity for several front lots and ideal shape for a professional-office park. Elyria has no office park
Property Highlights
  • Hard corner prime development land 23 miles southwest of Cleveland, near freeways I- 90, SR 57, SR 2, and I-80
  • 1902 feet of frontage, most on 4 lanes, leveled land - great for retail development
  • All utilities to site including fiber making the property truly shovel-ready
  • +/- 17 AC zoned for general business use providing an array of development opportunities
  • Childcare adjoining the site – convenient for working parents
  • In close proximity to many restaurants and retailers: Bob Evans, Denny’s, Wendy’s, Midway Mall and others
Listing Location
Attached Documents
  • Download | 441_Griswold Rd_Elyria_OH_Flyer_FINAL.pdf ( 2,172.54KB)
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