229 5th Street, Elyria, OH 44035

$185,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$185,000
Status
ACTIVE
Days on Market
94
MLS#
5204709
Subtype
Commercial Sale
Year Built
1900
Acres
0.21
Subdivision
Heman El's Add
Neighborhood
Heman El's Add
MLS Area Major
Elyria

Property Description

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.

Additional Information

Taxes
$3,647
Heating
Gas
Air Conditioning
Central Air
Roof
Rubber, Rolled/Hot Mop, Slate
Foundation
Basement, Block
Parking Features
Alley Access, Driveway, Gravel, Parking Lot
School District
Elyria CSD - 4706

Listing Courtesy of: Michael A Hignett, mahignett@yahoo.com With Northern Ohio Realty

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.