1641 Root Rd,  Lorain OH, 44052

(Active)
$985,000
|
4 beds, 2 Full/1 Half baths, 3,164 sqft
|
MLS# 3927271
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Description for 1641 Root Rd Lorain, OH 44052 - $985,000
Drastically Reduced* Excellent Cash Cow Opportunity offering over 20 acres of land and a Multi-family 6 Bedroom Century Home with a pond is perfect for an owner user or investment with Endless Possibilities which presents an investor with a unique opportunity to acquire a stable investment* Easily Accessible with Ready to Build Suite Opportunity in Sheffield Village Twp/Lorain. Package located in Prime Location Near the corner of Root & Colorado locally known as a High Traffic Area*Perfect Development Site for Senior Housing, Healthcare, Motel, Retail Plaza & Many Others! There are 5 total parcels - 4 vacant land and 1 Multi-family home with a pond located at 1641 Root Rd over 20 acres ***Mineral Rights Are Also Included***Seller states Lots can tap into the utilities (Gas, Electric, Water & Sanitary/Storm Sewer) which are located on the property of the homesite* All 5 adjoining parcels fall under a JEDD with zoning options for Commercial, Industrial or Residential * The Prime location has allowed local businesses to service a wide geographic area including Lorain, Sheffield Village, Avon, Avon Lk, Westlake, Bay Village, N.Olm & Amherst and others*Market Highlights: Surrounding Retailers include Valero, Burger King, Pizza Hut, Discount Drug Mart, Midway Mall & Many Others. Within a half hour drive to Downtown Cleveland I-90, I-80, 480 & RT. 2! In the 2015 Fortune 500 ranking of the largest U.S. corporations, 7 companies are based in Northeast OH* Call or email with questions!
Price
$985,000
Sheffield
Lorain
4
2 Full/1 Half
3,164 (approx)
3927271
Active
Description
Drastically Reduced* Excellent Cash Cow Opportunity offering over 20 acres of land and a Multi-family 6 Bedroom Century Home with a pond is perfect for an owner user or investment with Endless Possibilities which presents an investor with a unique opportunity to acquire a stable investment* Easily Accessible with Ready to Build Suite Opportunity in Sheffield Village Twp/Lorain. Package located in Prime Location Near the corner of Root & Colorado locally known as a High Traffic Area*Perfect Development Site for Senior Housing, Healthcare, Motel, Retail Plaza & Many Others! There are 5 total parcels - 4 vacant land and 1 Multi-family home with a pond located at 1641 Root Rd over 20 acres ***Mineral Rights Are Also Included***Seller states Lots can tap into the utilities (Gas, Electric, Water & Sanitary/Storm Sewer) which are located on the property of the homesite* All 5 adjoining parcels fall under a JEDD with zoning options for Commercial, Industrial or Residential * The Prime location has allowed local businesses to service a wide geographic area including Lorain, Sheffield Village, Avon, Avon Lk, Westlake, Bay Village, N.Olm & Amherst and others*Market Highlights: Surrounding Retailers include Valero, Burger King, Pizza Hut, Discount Drug Mart, Midway Mall & Many Others. Within a half hour drive to Downtown Cleveland I-90, I-80, 480 & RT. 2! In the 2015 Fortune 500 ranking of the largest U.S. corporations, 7 companies are based in Northeast OH* Call or email with questions!
Listing Information
Property Type: Single Family, Colonial, 2 Story
4 2 Full/1 Half
8 0.79 Acres 3,164 (approx)
$311.31 1900
Yes - 2
Lorain Cit//
Sheffield
4,931 Sq. Ft. (approx)
Public Water Service
Public Sewer
Neighborhood
School Information
District: Lorain Csd
Room Information
Bathrooms
2 1
Interior Features
3,164 Sq. Ft. Above Ground ,1,767 Sq. Ft. Below Ground
None
Gas Heat, Other, Radiators, Other
Full, Unfinished Basement
3
Smoke Alarm
Exterior / Lot Features
2 Garage Spaces,
256x116x330
Pond Front, Additional land available, Wooded
Driving Directions
Corner of Root Road and Colorado Avenue-5 adjoining parcels Bordering Lorain and Sheffield Village
Financial Considerations
03-00-058-101-033
$3,372
Listing Price History

Lorain Real Estate

Lorain is located in Ohio. Lorain, Ohio 44052 has a population of 63,647.

The median household income in Lorain, Ohio 44052 is $35,330. The median household income for the surrounding county is $52,610 compared to the national median of $53,482. The median age of people living in Lorain 44052 is 38.1 years.

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Courtesy: Susan DiFranco - Russell Real Estate Services Susan DiFranco
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2017 NEOHREX. All rights reserved.
Information is deemed reliable but is not guaranteed.

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