Acreage:                                     0.84

Year Built:                                1974

Bird's Eye View            (Click Here)

Restore First Picture    (Click Here)

Address:           4646 E.Lake (SR. 6)
(Get Map)       Sheffield Lake, Ohio
  
County                                   Lorain

Sq. Ft                                      11,960

Shops                                              6

Freight Docks                             Yes

Current mo. net income         $2,500

Current Annual ROI              11.3%

Present tenants:
  Linda's Litehouse and Floral Shop
  Eerrie Costumes
  Family Car Audio II
  Hairways Salon
  Dav's Vacuum Cleaners & Repair

Asking price:                     $265,000

       Being located on the main highway between Cleveland and Lorain along Lake Erie insures this property will appreciate as the cities grow.  Cash buyers can expect a 10% annual return on their money or better, and possibly a few more percentage points realized as a result of tax breaks such as depreciation etc. The ROI is high enough on this one that credit buyers can make a profit using OPM.