412 E River Street, Elyria, OH 44035

$150,000
Property Type: Office Square Footage: 20,160 Lot Size (sq. ft.): 26,136 Status: Active
Current Price: $150,000 List Date: 1/02/2026 Last Modified: 1/16/2026

Description

Online and live in person public real estate auction, the minimum bid is $150,000.00. Bidding takes place on the auction website or in person. This auction begins to end at 7:00 PM, Tuesday February 10th, 2026. Agents, please see 'A2A' for auction terms and conditions. Historic Redevelopment Opportunity: The New York Central Freight House. Unlock the potential of one of Elyria's most significant architectural landmarks. Offered as a versatile blank canvas, this 20,160-square-foot structure is officially listed on the National Register of Historic Places. Currently vacant and ready for a fresh vision, this property cannot be replicated. Unlike modern specialized builds, the 'Mediclinic Building' features a footprint designed for flexibility. Whether you are looking to establish a single-tenant headquarters or return the building to its highly successful past as a multi-tenant professional center, the layout is ideally suited for: Private Professional Suites: The interior is prepared to be subdivided back into individual offices or clinical suites, allowing for multiple revenue streams from diverse professional tenants. Specialized Medical Fit-Out: Situated directly adjacent to University Hospitals Elyria Medical Center, the building is a prime candidate for a custom-designed outpatient clinic, diagnostic center, or surgical suite. Property & Location Highlights, Size: 20,160 Sq. Ft., Condition: Delivered vacant; an ideal 'value-add' project for an investor or developer. Unbeatable Visibility: Located at the gateway to the medical district with 5,000+ daily vehicle passes. Strategic Hub: Just moments from the Black River Reservation, the Lorain County Justice Center, and the downtown business core. 412 East River Street is ready for its next chapter. For the buyer with a vision, it offers the rare chance to combine modern commercial utility with the prestige of a national landmark.

Supplements: ********

Open Houses

Monday, February 02, 1:00 pm - 3:00 pm

More Information MLS# 226000145

Location & Property Info

List Price/SqFt: 7.44 City (Mailing Addr): Elyria Corp LimitPerAuditor: Elyria

Office/Contract Info

For Sale: Yes Exchange: No For Lease: No Lease Rate $/Sq Ft: 0

General Property Info

Max Cont Sqft Avail: 20160 Minimum Sqft Avail: 20160 Total Available Sqft: 20160 Total Parking: 30 # of Docks: 0 Building Sqft: 20160 # of Elevators: 0 # of Floors Above Gr: 3 Acreage: 0.6

Tax Info

Addl Parcel Numbers: 0625082000002, 0625080000015, 0625083000009 Tax Abatement: No Taxes (Yrly): 10403 Parcel #: 06-25-081-000-001 Tax Year: 2024

Remarks & Misc

Property Description: Online and live in person public real estate auction, the minimum bid is $150,000.00. Bidding takes place on the auction website or in person. This auction begins to end at 7:00 PM, Tuesday February 10th, 2026. Agents, please see 'A2A' for auction terms and conditions. Historic Redevelopment Opportunity: The New York Central Freight House. Unlock the potential of one of Elyria's most significant architectural landmarks. Offered as a versatile blank canvas, this 20,160-square-foot structure is officially listed on the National Register of Historic Places. Currently vacant and ready for a fresh vision, this property cannot be replicated. Unlike modern specialized builds, the 'Mediclinic Building' features a footprint designed for flexibility. Whether you are looking to establish a single-tenant headquarters or return the building to its highly successful past as a multi-tenant professional center, the layout is ideally suited for: Private Professional Suites: The interior is prepared to be subdivided back into individual offices or clinical suites, allowing for multiple revenue streams from diverse professional tenants. Specialized Medical Fit-Out: Situated directly adjacent to University Hospitals Elyria Medical Center, the building is a prime candidate for a custom-designed outpatient clinic, diagnostic center, or surgical suite. Property & Location Highlights, Size: 20,160 Sq. Ft., Condition: Delivered vacant; an ideal 'value-add' project for an investor or developer. Unbeatable Visibility: Located at the gateway to the medical district with 5,000+ daily vehicle passes. Strategic Hub: Just moments from the Black River Reservation, the Lorain County Justice Center, and the downtown business core. 412 East River Street is ready for its next chapter. For the buyer with a vision, it offers the rare chance to combine modern commercial utility with the prestige of a national landmark.

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

Auction Minimum Bid: 1 Auction Reserve: 1 Online Bidding: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Water Source

Public: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Alternate Uses

Commercial: 1

Building Type

Multi Tenant: 1 Single User: 1

Auction Info

Auction Date: 2026-02-10 Deposit Required: 10 Conditions: Y Auction/Online BiddingY/N: Yes

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 150000 List Price: $150,000 Property Sub Type: Mixed Use Street #: 412 Street PreDirection: E Street Name: River Street Suffix: Street County: Lorain State: OH Zip Code: 44035 Township: None

OfficeContract Info

Status: Active MLS Entry Date: 2026-01-02

Property Features

Addl Acceptance Cond: Auction Minimum Bid; Auction Reserve; Online Bidding Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public Building Type: Multi Tenant; Single User Alternate Uses: Commercial MLS Primary PhotoSrc: Realtor Provided
Listing Office: Auction Ohio
Listing Agent: Christopher A Davis
Last Updated: January - 16 - 2026
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