Investment Opportunity! Welcome to this nearly 2 acres of multi use property on the busy intersection of Gulf and Detroit Roads. This 3 bedroom, 1 full bath home with an additional 3 car detached garage/outbuilding is the perfect opportunity to have a commercial property with a grandfathered residential building for current income stream. The longtime tenant is currently paying $1100/month on a month to month lease and would like to stay. The property boasts high traffic with 200ft of Black River frontage. Option to use the outbuilding for commercial endeavors while generating passive income! This property is zoned for both residential and commercial use.
MLS# | 4476558 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1956 |
Days On Site | 3284 |
Listing Provided By | Keller Williams Citywide | Virginia Lindsay |
Bed(s) | 3 |
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Bath(s) | 2 Total |
SQ Feet | 2,636 |
Garage | 4 |
Basement | Y |
Acreage | 1.70 |
Water Front | Yes |
Property View | Yes |
State | OH |
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County | Lorain |
City | Sheffield Village |
Zip Code | 44035 |
Community Name | Sheffield |
Listing VS Median (in Sheffield) | |
Price: $499,000 low | high Med: $379,900 SqFt: 2,636 low | high Med: 1,210 $ / SqFt: $189 low | high Med: $314 On Site: 3284 low | high Med: 321.000000 |