1641 Root RoadLorain, OH 44052
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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.
| 6 months ago | Price changed to $1,300,000 | |
| 6 months ago | Listing updated with changes from the MLS® | |
| a year ago | Status changed to Active | |
| a year ago | Listing first seen on site |
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