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41573 N Ridge RoadElyria, OH 44035

41573 N Ridge RoadElyria, OH 44035

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$650,000 Active
Commercial - Retail MLS 5194688 New to the Market
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Listed By

Agency Name: Howard Hanna
Agency Contact: douggeorge@howardhanna.com, 440-320-6700

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Active successful restaurant bar with all equipment included in the sale. Two P.O.S systems track liquor sales, 1 indoor & 1 outdoor on the successful patio (business doubles with patio open). Many possibilities on extra income (pull tabs, lottery, etc...Lottery license needed). Endless possibilities for the new owner's imagination. Showings are restricted to mornings 8:30a-10:30a before business opens. Contact agent for details!

41573 N Ridge Road | MLS# 5194688

This commercial property located at 41573 N Ridge Road, Elyria, OH 44035 is currently listed for sale with an asking price of $650,000. N Ridge Road is located within the Elyria City school district. Search Elyria real estate on 542snivelyavenuenw.cutlerhomes.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air, Ceiling Fan(s)
Days on Market: 1
Heating: Forced Air, Gas
Lot Size: 0.95 Acres
Roof Type: Asphalt, Fiberglass
Taxes: $5,952 / year
Year Built: 1950

Feature Descriptions

Parcel#: 06-22-018-116-033
Parking: Gravel, Paved, Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Elyria City

Demographics

Lorain County Demographic Information for 41573 N Ridge Road, Elyria, OH 44035
Fips
Fips Code 39093
Population
2020 to 2023 Change up 1.6%
2010 Count 301,356
2020 Count 312,964
2023 Estimate (V2023) 317,910
2020 Estimate (V2023) 312,956
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.4%
18 to 64 53.4%
65 and Older 19.9%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 2.8%
US 97.2%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 27.2%
Computer and Internet use
Households with a computer 93.8%
Households with a broadband Internet subscription 84.5%
Language
English is Second Language, Age 5+ 7.0%
English is First Language, Age 5+ 93.0%
Veterans
Veterans 17,970
Income
Per Capita Income $37,171
Median Household Income $67,272
People in Poverty 12.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 124,510
Average Household Size 2.45
Owner-Occupied 72.9%
Multi-Family 17.0%
Owner-Occupied Median Value $191,900
Median selected monthly owner costs -with a mortgage $1,474
Median selected monthly owner costs -without a mortgage $591
Median gross rent $886
Building Permits
New Private Housing Issued 2023 987
Years at Residence
1 Year or More 90.0%
Less Than 1 Year 10.0%
Business and Employment
Private non-farm Establishments 5,574
Private non-farm Employment 83,286
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,027
Number of Firms 20,914
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

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