Elyria, OH Commercial Real Estate for Lease and Sale

Explore 62 listing(s) of commercial real estate in Elyria, OH to find the best space for your business.

CRE Market FAQs

1611 Middle Avenue

1611 Middle Avenue, Elyria, OH
Property Type

Other
For Sale

$195,000
Property size 5,584 SF
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42553 N Ridge Rd Elyria

42553 N Ridge Rd Elyria, Elyria, OH
Space Type

Office
For Lease Contact for pricing

1 space available / 2,000 SF
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Murray Ridge & Shilling Dr

Murray Ridge & Shilling Dr, Elyria, OH
Property Type

VacantLand
For Sale

$925,860
Property size 23.74 Acre
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720 E River St

720 E River St, Elyria, OH
Space Type

Mixed Use
For Lease

$5.13/SF/YR
1 space available / 11,690 SF
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Midway Crossing Shopping Center

1599 W River Rd N, Elyria, OH
Space Type

Retail
For Lease

$8.00 - $12.00/SF/YR
8 spaces available / 1,737 - 23,602 SF
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Griswold Road & Leona Street

Griswold Road & Leona Street, Elyria, OH
Space Type

Land
For Lease Contact for pricing

1 space available / 53,578.8 SF
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561 Ternes Ave

561 Ternes Ave, Elyria, OH
Property Type

Industrial
For Sale Contact for pricing

Built in 2024 / Property size 15,496 SF
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For Sale or Lease | 2nd Generation Restaurant in Elyria

1519 W River Rd N, Elyria, OH
Property Type

Other
For Sale

$500,000
Built in 2004 / Property size 10,583 SF
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1131 Broad St E

1131 Broad St E, Elyria, OH
Space Type

Office
For Lease Contact for pricing

1 space available / 5,200 SF
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Elyria:
- Office Space: The market includes 267,644 square feet of office spaces in addition to 6 coworking locations.
- Retail Space: Between malls, restaurants and stores, Elyria is home to 1,433,176 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 1,397,444 square feet of available space in Elyria.
The average rent for commercial real estate in Elyria is $8.52 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Elyria costs $4.25, while the city’s premium locations ask up to $14.75.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class B properties are sized 155,974 square feet, on average.
- Class C properties span an average of 10,865 square feet.
CommercialCafe’s CRE offering in Elyria is enabled by a network of 55 active brokers from 27 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $14.75 per square foot. In particular, the property type commanding the highest lease rates in Elyria is Retail space.
The average size of a commercial property here stands at 473,119. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Elyria:
Office properties:
- Average size: 13,383 square feet.
Retail properties:
- Average size: 68,247 square feet.
- Largest property: Land Available (31,902 square feet).
Industrial properties:
- Average size: 155,272 square feet.
- Largest property: Space Available (515,200 square feet).

Elyria, OH Commercial Space Listings

Commercial Space for Lease - Breakdown

The 42 listings for commercial real estate currently available for rent in Elyria add up to 2,023,036 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	9	55,885
Retail	16	273,430
Industrial	9	1,220,602
Other	8	473,119

Office properties:

The market has 9 active office listings, encompassing 55,885 square feet.
Elyria office spaces currently listed on CommercialCafe represent 21% of the total commercial real estate market in Elyria, compared to an average of 40% across all markets tracked by CommercialCafe.

Retail Space:

There are 16 retail listings available, adding up to a total of 273,430 square feet.
Retail spaces account for approximately 38% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Elyria offers 9 listings, amounting to 1,220,602 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 21% of the total commercial space available in the market, compared to a nationwide average of 24%.

Commercial Space for Sale - Breakdown

There are currently 30 properties listed for sale in the Elyria market, adding up to 258,868 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

11 office properties
6 retail properties
2 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	11	176,173
Retail	6	21,705
Industrial	2	33,091
Other	11	27,899

Elyria, OH Commercial Real Estate for Lease and Sale

1611 Middle Avenue

42553 N Ridge Rd Elyria

Murray Ridge & Shilling Dr

720 E River St

Midway Crossing Shopping Center

Griswold Road & Leona Street

561 Ternes Ave

For Sale or Lease | 2nd Generation Restaurant in Elyria

1131 Broad St E

Frequently Asked Questions

Elyria, OH Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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