Retail at 913 Lake Avenue, Elyria
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15 photos

$150,000

913 Lake Avenue
Elyria, OH 44035
Listed by Mike Russo · EXP Realty, LLC.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1915

About this home

Bring your business vision to life or add a high-potential asset to your real estate portfolio! Located on a high-visibility corridor in Elyria, Ohio, this historic 2-unit commercial building spans approximately 1,900 square feet and is ready for its next chapter. Both units are completely vacant and listed for retail or commercial use, offering a completely blank canvas. The entire interior has been completely "white boxed"—freshly prepped, cleaned, and updated with open layouts, wood floors, and independent bathrooms so you can start customizing immediately. Key Property Features Flexible Configurations: The building features a common wall that can easily be removed to create one massive, open-concept commercial layout. Alternatively, keep the wall intact to operate your business out of one side while leasing out the other for an additional stream of rental income! Proven Historic Footprint: This location holds a rich history of steady local commerce. One unit served as a trusted plumbing and heating company for years, while the secondary unit most recently operated as a neighborhood barber shop. Premium Location & Convenient Access: Situated right on busy Lake Avenue, your business will enjoy excellent street exposure and foot traffic. Dedicated Rear Parking: Skip the headache of street-only parking! This property features a dedicated parking area in the rear of the building, easily accessible off Bond Street for staff and clients alike. Package Deal Alert: Live & Work or Triple Your Income! Looking to maximize your investment? The beautifully remodeled 3-bedroom, 1-bathroom residential home next door at 909 Lake Ave is also available for purchase! Combining both parcels gives investors a rare opportunity to control three separate income-producing spaces (two commercial units + one residential rental) side-by-side. Don't miss out on this competitively priced commercial space. Schedule your private walkthrough today and explore the possibilities!

Property details

MLS
NOWDD
MLS #
5242081
Property type
Retail
Subdivision
J B Boyntons Add
Status
Active
Days on market
N/A
On market date
September 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
8
Lot size
0.09 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Ely Elementary School
1.46 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
432
Student:teacher ratio
18.0:1
District
Elyria City Schools
Middle
Westwood Middle School
1.42 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
355
Student:teacher ratio
10.8:1
District
Elyria City Schools
High
Elyria High School
1.47 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,667
Student:teacher ratio
16.2:1
District
Elyria City Schools

Walkability

Blended score for Elyria's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

50
Somewhat walkable
out of 100
EPA National Walkability Index
8.2 / 20 -- Below average walkable
Google Places amenity density
63 / 100
Restaurants & cafes9
Grocery stores0
Parks7
Schools4
Transit stops6
Pharmacies0

Market position

How this listing compares to current activity in Elyria, from live MLS data.

On the market 0 days -- 87 fewer days than Elyria's current average of 87 days.
For reference, the median list price across 200 active listings in Elyria right now is $172,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$1,053/mo
$30,000 down
$120,000 loan
Principal & interest$778
Property tax (est.)$125
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated September 3, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.