Elyria, OH Commercial Real Estate for Lease and Sale

Explore 56 listings of Elyria commercial real estate to find the best space for your business.

River Street Square

285 Midway Blvd, Elyria, OH
Property

Retail

148,304 SF
Availability

18 Spaces

173,370 SF
Year Built

1992
For Lease Contact for pricing
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426 & 430 Oberlin Road

430 Oberlin Road, Elyria, OH
Property

Retail

142,192 SF
Availability

1 Space

15,659 SF
Year Built

1952
For Lease Contact for pricing
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42208 Albrecht Rd

42208 Albrecht Rd, Elyria, OH
Property

Storage

18,240 SF
Availability Contact for availability

For Lease Contact for pricing
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Industrial Warehouse in Elyria

745 Leo Bullock Pkwy, Elyria, OH
Property

Industrial
Availability

1 Space

23,000 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Midway Mall

3343 Midway Mall, Elyria, OH
Property

Retail

416,866 SF
Availability

9 Spaces

111,650 SF
Year Built

1965
For Lease Contact for pricing
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1320 Taylor Street

1320 Taylor Street, Elyria, OH
Property

Office

30,000 SF
Availability

1 Space

15,000 SF
Year Built

1968
For Lease

$6.25/SF/YR
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Midway Mall - Anchor, In-Line, Out Parcels

3343 Midway Mall, Elyria, OH
Property

Retail

31,902 SF
Availability

9 Spaces

77,023 SF
For Lease Contact for pricing
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Site for sale

317 Fuller Rd, Elyria, OH
Property

Industrial
For Sale

$150,000
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626 Lorain Boulevard

626 Lorain Boulevard, Elyria, OH
Property

Other

6,741 SF
For Sale

$325,000
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Seven (7) parcels totaling 14.67 acres (AC) with a 1,282 SF home and 1,740 SF former bank branch with drive-thru are now available for sale

618 & 672 Oberlin Elyria Rd, Elyria, OH
Property

Industrial

14.67 Acre
For Sale

$695,000
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Midway Plaza

347 Midway Blvd, Elyria, OH
Property

Office

30,000 SF
Availability

4 Spaces

14,549 SF
Year Built

1973
For Lease

$15.50/SF/YR
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517 Griswold Rd

517 Griswold Rd, Elyria, OH
Property

Retail

3,800 SF
For Sale

$445,000
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Midway Mall Outlots

3433 Midway Mall, Elyria, OH
Property

VacantLand

2.33 Acre
Availability

2 Spaces

2.33 Acre
For Lease Contact for pricing
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43085 N Ridge Rd

43085 N Ridge Rd, Elyria, OH
Property

Office

2,500 SF
Year Built

1900
For Sale

$189,000
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River Street Square

205 Midway Boulevard, Elyria, OH
Property

Retail

61,735 SF
Availability

1 Space

1,200 SF
For Lease Contact for pricing
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167 Cleveland St.

167 Cleveland St., Elyria, OH
Property

Retail

7,598 SF
For Sale Contact for pricing
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Available Land For Sale

661 Griswold Rd, Elyria, OH
Property

Retail

1 Acre
For Sale

$250,000
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850 E Broad St

850 E Broad St, Elyria, OH
Property

Office

2,242 SF
Year Built

2020
For Sale

$270,000
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124 Middle Ave 3rd Floor Condo

124 Middle Ave, Elyria, OH
Property

Office

2,000 SF
For Sale

$60,000
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5077 Waterford Drive

5077 Waterford Drive, Elyria, Sheffield Village, OH
Property

Office

10,000 SF
Availability

1 Space

565 SF
Year Built

2021
For Lease Contact for pricing
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335 Midway Blvd

335 Midway Blvd, Elyria, OH
Property

Retail

5,780 SF
Availability

1 Space

5,780 SF
For Lease Contact for pricing
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Chestnut Commons - 605-831 Chestnut Commons Drive

605 Chestnut Commons Drive, Elyria, OH
Property

Retail

46,424 SF
Availability

2 Spaces

3,660 SF
For Lease Contact for pricing
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503 S Abbe Rd Elyria

503 S Abbe Rd Elyria, Elyria, OH
Property

Office

3,120 SF
Availability

1 Space

3,120 SF
For Lease

$3,380.00/MO
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Murray Ridge Road & Shilling Dr

Murray Ridge Road & Shilling Dr, Elyria, OH
Property

VacantLand

23.74 Acre
For Sale

$35,000/Acre
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630 Middle Avenue

630 Middle Avenue, Elyria, OH
Property

Industrial

8,217 SF
For Sale Contact for pricing
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Family Dollar

401 Lake Avenue, Elyria, OH
Property

Retail

8,320 SF
Year Built

2011
For Sale

$1,863,125
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Great Lakes Technology Park

260 Burns Rd, Elyria, OH
Property

Office

26,044,035 SF
Availability

2 Spaces

17,440 SF
For Lease

$12.00 - $14.00/SF/YR
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2000 Midway Mall

2000 Midway Mall, Elyria, OH
Property

Retail

5,115 SF
Year Built

2023
For Sale Contact for pricing
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Great Lakes Technology Park

260 Burns Rd, Elyria, OH
Property

Office

21,940 SF
Year Built

2022
For Sale

$2,500,000/SF
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1270 Abbe Rd

1270 Abbe Rd, Elyria, Sheffield Lake, OH
Property

Office

6,605 SF
Year Built

2023
For Sale

$700,000
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561 Ternes Ave

561 Ternes Ave, Elyria, OH
Property

Industrial

15,496 SF
Year Built

2024
For Sale Contact for pricing
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5311 Meadow Lane Court

5311 Meadow Lane Court, Elyria, Sheffield Village, OH
Property

Office

1,466 SF
Year Built

1993
For Sale

$119,000
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5201 Waterford Drive

5201 Waterford Drive, Elyria, Sheffield, OH
Property

VacantLand

0.65 Acre
For Sale

$50,000
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8055 Murray Ridge Rd

8055 Murray Ridge Rd, Elyria, OH
Property

VacantLand

456,073 SF
Year Built

2023
For Sale Contact for pricing
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1599 W River Road N

1599 W River Rd N, Elyria, OH
Property

Retail

179,646 SF
Availability

9 Spaces

59,298 SF
Year Built

1986
For Lease

$8.00 - $12.00/SF/YR
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E Bridge Street

E Bridge Street, Elyria, OH
Property

VacantLand
For Sale

$450,000/Acre
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42553 N Ridge Rd

42553 N Ridge Rd Elyria, Elyria, OH
Property

Office

5,138 SF
For Sale Contact for pricing
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5224 Cobblestone Road
Northern Ohio Business Center
5224 Cobblestone Road, Sheffield, OH
Services

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Free water

Gym membership

High-speed internet

High-speed wifi

Kitchen

Office furniture

Office supplies

Photocopier

Podcast room
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38550 Chestnut Ridge Rd

38550 Chestnut Ridge Rd, Elyria, OH
Property

VacantLand

9.71 Acre
For Sale Contact for pricing
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Rural King

430 Oberlin Road, Elyria, OH
Property

VacantLand

30.5 Acre
Availability

1 Space

0.5 Acre
Year Built

1952
For Lease Contact for pricing
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347 Midway Boulevard

347 midway boulevard, Elyria, OH
Property

Office

30,795 SF
Year Built

1973
For Sale Contact for pricing
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Tokar Tower 8th Floor Condo

124 Middle Ave, Elyria, OH
Property

Office

2,200 SF
For Sale

$66,000
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1131 Broad St E

1131 Broad St E, Elyria, OH
Property

Office

3,000 SF
Availability

1 Space

3,000 SF
Year Built

2023
For Lease Contact for pricing
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Elyria Shoppes on SR 57

510-590 Chestnut Commons Drive, Elyria, OH
Property

Retail

6,400 SF
Availability

1 Space

6,400 SF
For Lease Contact for pricing
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508 E. Broad Street

508 E. Broad Street, Elyria, OH
Property

Office

3,060 SF
For Sale

$265,000
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42483 N Ridge Rd

42483 N Ridge Rd, Elyria, OH
Property

Retail

2,881 SF
For Sale

$550,000
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561 Ternes Ave

561 Ternes Ave, Elyria, OH
Property

Industrial

15,496 SF
Availability

1 Space

15,496 SF
Year Built

2024
For Lease Contact for pricing
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124 Middle Ave 7th Floor Condo

124 Middle Ave, Elyria, OH
Property

Office

2,200 SF
For Sale

$66,000
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40980 Butternut Park Ct

40980 Butternut Park Ct, Elyria, OH
Property

Other
For Sale

$345,900
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401-423 Cleveland St

401-423 Cleveland St, Elyria, OH
Property

Retail

36,000 SF
Availability

1 Space

3,000 SF
For Lease

$8.00/SF/YR
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E Bridge Street

E Bridge Street, Elyria, OH
Property

VacantLand

3 Acre
Availability

1 Space

3 Acre
Year Built

2022
For Lease Contact for pricing
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361 Midway Boulevard

361 Midway Boulevard, Elyria, OH
Property

Retail

3,736 SF
Availability

1 Space

3,736 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Elyria commercial real estate market incorporates 26,207,546 square feet of office space across 18 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Elyria commercial real estate market includes 1,070,275 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Elyria market, there is a total of 8,217 square feet of industrial property.

The listing inventory in Elyria incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Elyria is represented by Retail space, which accounts for 460,066 square feet of available listings. Office space available in Elyria adds up to 57,159 square feet.

Meanwhile, most of the listings of commercial property for sale in Elyria are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Elyria is $7.84 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Elyria can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Elyria, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $12 per square foot. In particular, the property type commanding the highest lease rates in Elyria was Retail space.

The average size of a commercial property in Elyria depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Elyria, the average size of an office property is 1,455,975 square feet.
Retail properties here incorporate an average of 66,893 square feet.
Industrial space in Elyria is in buildings that are, on average 8,217 square feet in size.

Elyria, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Elyria currently add up to 707,249 square feet. The market offers 6 active office listing(s), which amount to 72,159 square feet and account for 26% of commercial spaces on the market. Local retail availability includes 456,330 square feet across 11 retail space(s). Industrial space for rent opportunities in Elyria amount to 23,000 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	72,159
Retail	11	456,330
Industrial	2	23,000
Other	4	155,760

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Elyria, OH. Currently, there is 582,701 square feet of commercial property for sale here , which includes 13 office building(s) for sale , 6 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	13	83,906
Retail	6	27,715
Industrial	3	8,232
Other	7	462,848

Elyria, OH Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Elyria, OH?

What factors affect the price of commercial real estate in Elyria, OH?

What is the average rent for commercial space in Elyria, OH?

What are the best areas for commercial real estate in Elyria, OH?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Elyria, OH?

Elyria, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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