E 32nd Street, Lorain, OH 44055 - Lorain County

BUILDERS! INVESTORS! WONDERFUL OPPORTUNITY! 7.23 acres of Land with 37 Lots for Sale in the SUBDIVISION NO. 01 OF THE SHEFFIELD LAND COMPANY'S !!! $599,900 Highest Bid takes all! This package is the strip of land between Seneca Avenue and Clinton Avenue including both E. 32 and E. 33rd sides of the block! This package offers 37 50x150 Lots plus land for storm water holding pond. Engineering is completed for the installation of water, storm, sewer, and retention pond. A T.I.F. (Tax Increment Financing) with City of Lorain is in process for $1.4 Million to cover all underground financing for water/storm/sewer/retention pond, gas/electric. Qualified Buyer to easily step into current owner's position with the City of Lorain and finish project. Map of all parcels in pictures section. Concrete street and All lots are mostly cleared already! This property was a public school ground for over 40 years, originally plotted for 42 lots. However, to allow for the area for the environmental requirement of a storm holding pond, there are currently 37 buildable lots. Great Location! Across the street from Oakwood Park! 15 YEAR TAX ABATEMENT FOR NEW CONSTRUCTION!!!!! NO HOA! Lorain City Schools and opportunity for Open Enrollment for Clearview Schools. Selling As Is, Where Is. Selling as a Package, will not split up package. List of Parcel #s included in supplements. Contact today to see or for further questions! Make an offer today!