229 5th Street Elyria, OH $ 185,000
229 5th Street
$ 185,000
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229 5th Street

Elyria, OH, 44035
$ 185,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,139

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Commercial Property for sale in Elyria, OH

for $185,000. This building was built in 1900 on a lot size of 0.21.

229 5th St, Elyria, OH 44035 — Mixed-Use Opportunity Awaits. Discover the untapped potential of this versatile mixed-use property located in the heart of Downtown Elyria. Zoned for mixed use, this unique offering features a former chiropractic office on the first floor and a comfortable two-bedroom, one-bathroom apartment on the second floor — ideal for the savvy investor or owner-occupant who dreams of living upstairs while running a business below.**Renovation Potential That Inspires.** The expansive first-floor office space is primed for conversion into one or multiple residential apartments, and the large attic space offers even more opportunity — the current owner has architectural drawings already prepared for completing an additional apartment upstairs. Whether you envision a thriving multi-unit rental property or a creative live-work arrangement, the possibilities here are truly exciting.**Parking That Delivers.** A generous gravel parking lot accessible from Barres Street, combined with a private driveway off 5th Street, provides multiple ingress and egress points — a rare advantage for both residential tenants and commercial visitors alike. Efficiency is built in, with separate HVAC and hot water systems.

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Commercial Active

Price

$ 185,000

Property Type

Commercial

Taxes

$ 3,647

Style

Lot Size

0.21

Year Built

1900

Town/City

Elyria

County/Region

Lorain

MLS | Web ID

5204709

Features
General
Sewer Public Sewer
Heating Gas
Cooling Central Air
Possession Delivery Of Deed
Roof Rubber Rolled/Hot Mop Slate
Year Built 1900
Township Elyria
Property Subtype Mixed Use
Tax Year 2025
County Lorain
Property Type Commercial Sale
Attached Garage false
Subdivision Name Heman El's Add
Building Features Private Restrooms Reception Area
Status Active
Directions Between East Ave and Middle Ave. between 5th St. and Barres Ln.
City Elyria
Disclosures Principal is Real Estate Licensed
High School District Elyria CSD - 4706
Lot Size Units Acres
Tax Annual Amount 3647
Property Condition Fixer
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Elyria CSD - 4706
Elementary School District Elyria CSD - 4706
Year Built Source Public Records
Property Sub Type Additional Mixed Use
Legal Description 5TH ST FRNT 0055.00
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Interior
Basement Full Sump Pump Unfinished
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Alley Access Driveway Gravel Parking Lot
Water Source Public
Lot Size Area 0.21
Foundation Details Basement Block
Lot Size Acres 0.21
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Michael A Hignett

Listing Agent

Northern Ohio Realty

Broker

mahignett@yahoo.com

Email

Affordability Calculator

$1,443
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,139
Monthly Property Taxes
$304
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4457899 Elementary School
4458036 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/27/2026$185,000 Listed Price

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229 5th Street, Elyria, OH, 44035 is a Commercial Property for sale at $185,000 with a lot size of 0.21. 229 5th Street was built in 1900. The property's zip code is 44035 which is in Elyria, OH