41957 N Ridge Road
Elyria, OH 44035
Map
- 3 beds
- 1 bath
- – sqft
- 1920 build
- – on site
This totally renovated home is only being sold as part of the full commercial listing mls #5105267 Prime Income-Generating Commercial Property Seize this incredible investment opportunity! This versatile property features a 7,092 sq. ft. main building divided into three distinct spaces: a rear unit (3,452 sq. ft.), plus center and front units (each 1,800 sq. ft.) with upstairs offices. A garage and a single-family home add even more potential. Currently, the large and center spaces and garage are leased, generating $2,550/month in rental income, with room to increase earnings. Located in a high-traffic commercial area with ample parking, this property is perfect for continued rental income or launching your own business. Don’t miss this prime opportunity—schedule a showing today!
Last checked:
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Last updated Jun 19, 2025
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MLS# 5106815 —
The Building
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Year Built:1920
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Year Built Source:PublicRecords
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Construction Materials:BoardAndBattenSiding
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Architectural Style:Bungalow
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Roof:Asphalt,Fiberglass
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Levels:Two
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Stories:2
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Stories Total:2
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Basement:None
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Basement:false
Interior
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Fireplace:false
Room Dimensions
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Living Area Units:SquareFeet
Financial & Terms
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Possession:Negotiable
Location
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Directions:Rt. 254 to North Ridge Rd.
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Longitude:-82.134976
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Latitude:41.417692
The Property
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Parcel Number:06-22-018-102-020
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Lot Size Acres:0.86
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Lot Size Area:0.86
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 407-7759
- Office phone:
- (440) 892-2211
Taxes
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Tax Year:2024
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Tax Legal Description:WILBUR HEIGHTS 95 X 138 S/L 44 & 45
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Tax Annual Amount:$6,875.78
Beds
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Bedrooms Total:3
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/41957-N-Ridge-Road-Elyria-OH-44035--5106815/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:WallUnits
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Elyria CSD - 4706
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Middle School District:Elyria CSD - 4706
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High School District:Elyria CSD - 4706
The Community
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Subdivision Name:Wilbur Heights
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Association:false
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Pool Private:false
Parking
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Parking Features:AdditionalParking,DirectAccess,Paved
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Garage:false
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Attached Garage:false
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Carport:false
Monthly cost estimate
Asking price
$325,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,740
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| Taxes | $572 |
| Insurance | $89 |
| Utilities | N/A |
| Total | $2,401/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/19/25
Jun 19, 2025
|
Pending | MLS_NOW | $325,000 | |
|
4/23/25
Apr 23, 2025
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Price Changed | MLS_NOW | $325,000 | -7.1% |
|
3/15/25
Mar 15, 2025
|
Listed / Active | MLS_NOW | $350,000 |
