Grove Avenue Residential Land

15.27 Acres of Commercial Land Offered at $499,000 in Lorain, OH 44055

Grove Ave., Lorain, OH - Russell Commercial Advisory
John Tillery - Russell Commercial Advisory

John Tillery

Grove Avenue Residential Land

$499,000

15.27 Acres of Commercial Land Offered at $499,000 in Lorain, OH 44055

15+ Acres located on Grove Avenue close to the intersection of 42nd Street zoned R2. Raw land that has never been developed. Many options for current zoning and possible rezoning to Commercial. Could be combined with adjacent 12.09 Acre parcel.

Property Facts:

Price: $499,000

Price Per AC: $32,678.45

Property Subtype: Commercial

Sale Type: Investment

Proposed Use: Multifamily

No. Lots: 1

Total Lot Size: 15.27 AC

Property Type: Land

Zoning: R2 - R-2, Transitional Residential

Property Taxes:

Parcel Numbers: Multiple

Improvements Assessment: $0

Land Assessment: $39,918

Total Assessment: $39,918

 
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