1039 Bridge Drive Lorain, OH $ 399,900
1039 Bridge Drive
$ 399,900
Share Save

1039 Bridge Drive

Lorain, OH, 44052
$ 399,900
Baths0.0

Monthly Estimate*

$ 2,793

1039 Bridge Drive, Lorain, OH 44052 - Image 1
1039 Bridge Drive, Lorain, OH 44052 - Image 2
1039 Bridge Drive, Lorain, OH 44052 - Image 3
1039 Bridge Drive, Lorain, OH 44052 - Image 4
1039 Bridge Drive, Lorain, OH 44052 - Image 5
1039 Bridge Drive, Lorain, OH 44052 - Image 6
1039 Bridge Drive, Lorain, OH 44052 - Image 7
1039 Bridge Drive, Lorain, OH 44052 - Image 8
1039 Bridge Drive, Lorain, OH 44052 - Image 9
1039 Bridge Drive, Lorain, OH 44052 - Image 10
1039 Bridge Drive, Lorain, OH 44052 - Image 11
1039 Bridge Drive, Lorain, OH 44052 - Image 12
1039 Bridge Drive, Lorain, OH 44052 - Image 13
1039 Bridge Drive, Lorain, OH 44052 - Image 14
1039 Bridge Drive, Lorain, OH 44052 - Image 15
1039 Bridge Drive, Lorain, OH 44052 - Image 16
1039 Bridge Drive, Lorain, OH 44052 - Image 17
1039 Bridge Drive, Lorain, OH 44052 - Image 18
1039 Bridge Drive, Lorain, OH 44052 - Image 19
1039 Bridge Drive, Lorain, OH 44052 - Image 20
Studio

Pending for sale in Lorain, OH

for $399,900. This home was built in 1960 on a lot size of 1.99.

Industrial warehouse (Zoned I-1 per Lorain City Zoning Map) just over 10,000 sq ft on 2 acres with a ton of paved parking and 2 ingress/egress access point doors. It currently has one tenant occupying a small portion of the interior space (~1400 sq ft) paying $1200/month. Since the majority of the interior of the building is empty this would be perfect for an owner user OR a great opportunity as an income producer by getting the additional interior space leased up on stronger NNN leases. There is also an exterior parking space leased to an RV for $80/month. The building has a newer roof and gutters, updated electrical, 2 newer overhead gas furnaces and a new alarm system. Tenant wants to stay and is on a month-to-month lease and the owner currently pays for utilities. The upside here is to implement triple net leases as well as lease out more of the exterior space to trucking companies, campers, RV's etc. and a big opportunity to create outdoor storage spaces to rent out.

See more

Pending Pending

Price

$ 399,900

Bedrooms

Studio

Property Type

Pending

Taxes

$ 7,610

Style

Lot Size

1.99

Year Built

1960

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5014431

Features
General
Sewer PublicSewer
Heating Gas
Cooling None
Possession DeliveryOfDeed
Roof Rubber
Year Built 1960
Township Lorain
Property SubType Industrial
Tax Year 2023
Current Use MixedUse
County Lorain
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features LoadingDock OverheadDoors
Status Pending
Directions South of Colorado Ave
City Lorain
Buyer Agent Compensation 3/2
View Y/N N
Senior Community Y/N N
High School District Lorain CSD - 4709
Waterfront Y/N N
Carport Y/N N
Street Name Bridge
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7610.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 78
Standard Status Pending
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Property Sub Type Additional Industrial
Buyer Agent Compensation Type Item1
Legal Description HENDERSON-COLORADO INDUST
See more
Interior
Basement None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
See more
Exterior
Fencing ChainLink Partial
Parking Features OffStreet Oversized Paved
Water Source Public
Lot Size Area 1.99
Number of Buildings 1
Spa N
Lot Size Acres 1.99
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 1039
See more
* Excluded Features
List By
Tal Tamir

Listing Agent

Russell Real Estate Services

Broker

tal@premierclevelandinvesting.com

Email

Affordability Calculator

$3,428
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,793
Monthly Property Taxes
$634
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457626 Elementary School
4457488 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2024$399,900 Listed Price

Map


See all

1039 Bridge Drive, Lorain, OH, 44052 is a Pending for sale at $399,900 with a lot size of 1.99. 1039 Bridge Drive is a studio with 0.0 baths and was built in 1960. The property's zip code is 44052 which is in Lorain, OH