24265 Lorain, North Olmsted, OH 44070

Property Description

Welcome to an excellent opportunity to own and operate your business from home. This property, currently functioning as an auto repair restoration shop, can be continued as is or transformed for a new venture. The 1,400 SF 3-bedroom, 1.5 bathroom with an in-law suite home can serve as your residence or generate extra income through rental (current tenants are on a month-to-month basis). The 3,089 SF auto body shop includes a spray/paint room, air compressor system, and the option to retain the existing business name, license, and phone number. The property is being sold "as is" by a highly motivated seller. Situated in North Olmsted, Ohio, an area thriving with multiple car dealerships, Great Northern Mall & Great Northern Plaza, and a diverse array of major retailers, this location is ideal for owning an auto body shop. North Olmsted is supported by multiple hotels, office buildings, and apartment complexes, and benefits from its close proximity to Cleveland's major international airport (Hopkins). The demographic makeup of the area is dense with above-average incomes, ranging from $85,000 to $102,000 within a five-mile radius.