Century 21 DePiero & Associates
Century 21 DePiero & Associates
Gary Neely, Century 21 DePiero & AssociatesPhone: (440) 610-2243
Email: [email protected]
Real estate listing preview #1
listing
1 of 1
CommercialFor Sale
$1,600,000
1641 Root Road
Lorain, OH 44052
Courtesy of Mac Realty Inc.
MLS: MLS Now
Est. Mortgage
$8,359/mo

This property is currently used as residential with an attached apartment. There are a total of three parcels containing 16.1 acres. Frontage on Root Rd. All mineral rights are owned by the seller. Gas and water wells on the property as well as a large holding pond and a French drain at the rear of the property routing water to the proper area. Located close to Lake Erie, across from the new racing car facility being built. Close to I-90. Good location for Hotel/restaurant complex with room for boutique shops and/or recreational sites. A huge opportunity to get in on the ground floor of an up-and-coming developing area. The value is in the land itself and the house and apartment are just a bonus. Property is wooded and additional land may be available.

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Information courtesy of Mac Realty Inc. is subject to verification and is not guaranteed.
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