8741 W Ridge Elyria, OH $ 450,000
8741 W Ridge
$ 450,000
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8741 W Ridge

Elyria, OH, 44035
$ 450,000
Baths0.0

Monthly Estimate*

$ 2,991

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Studio

Commercial Property for sale in Elyria, OH

for $450,000. This building was built in 1964 on a lot size of 1.03.

Here is your chance to have your own Bar/Lounge/Restaurant. Ready for a new owner, this stand alone neighborhood bar, "The Pub" is practically turn key and ready for business. The Roof has been recently replaced and the 80 space parking lot was re done, plus new landscaping. The owner has purchased and updated much of the equipment in the kitchen, including freezers, flat top, broiler and grill. The D-5 Liquor license can transfer and possibly be upgraded to a D-6 in the future. The possibilities are endless with this building, there are 2 handicap accessible ramps, updated bathrooms, and a finished basement with outside access for private parties. "The Pub" was a very popular place and was famous for its Karaoke and dart leagues. The building is in a diverse neighborhood including 2 new developments, multiple condos and hundreds of apartments. This property is FOR SALE ONLY, NO leasing, NO owner financing.

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Commercial Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,741

Style

Lot Size

1.03

Year Built

1964

Town/City

Elyria

County/Region

Lorain

MLS | Web ID

5015404

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession DeliveryOfDeed
Roof Asphalt Fiberglass
Year Built 1964
Township Elyria
Property SubType MixedUse
Tax Year 2022
Business Type BarTavernLounge
County Lorain
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions South of State Route 113 on West Ridge Road
City Elyria
View Y/N N
Senior Community Y/N N
High School District Elyria CSD - 4706
Waterfront Y/N N
Carport Y/N N
Street Name Ridge
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5741.0
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 19
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Elyria CSD - 4706
Elementary School District Elyria CSD - 4706
Year Built Source Assessor
Property Sub Type Additional MixedUse
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Interior
Basement ExteriorEntry Full WalkUpAccess
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Exterior
Fencing ChainLink
Parking Features Paved ParkingLot
Water Source Public
Total Parking 80.0
Lot Size Area 1.03
Foundation Details Basement Block
Spa N
Building Area Total 2652.0
Lot Size Acres 1.03
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
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Internal Only
Street Number 1 8741
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* Excluded Features
List By
Michael A Hignett

Listing Agent

Northern Ohio Realty

Broker

mahignett@yahoo.com

Email

Affordability Calculator

$3,469
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,991
Monthly Property Taxes
$478
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457381 Elementary School
4457830 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2024$450,000 Listed Price

Map


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8741 W Ridge, Elyria, OH, 44035 is a Commercial Property for sale at $450,000 with a lot size of 1.03. 8741 W Ridge is a studio with 0.0 baths and was built in 1964. The property's zip code is 44035 which is in Elyria, OH