Commercial Real Estate for Sale at 5374 Oberlin Avenue in Lorain, OH for $470,000

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5374 Oberlin Avenue | Lorain

$470,000 | 0.0 Sq. Ft.

Exceptional and rare opportunity! Versatile medical/mixed-use property in a prime high-traffic, high-visibility location. Formerly a dentist\u2019s office, this well-maintained and updated space can function as a single or dual tenant setup, offering maximum flexibility for a wide range of professional uses. Main office features a welcoming lobby, reception area, multiple exam/office rooms, kitchen space, baths with shower, and storage\u2014ideal for medical, attorney, insurance, or other professional services. Adding to the value, the 2nd floor offers a spacious 2\u20133 bedroom apartment, perfect for live/work convenience, employee housing, or generating additional rental income. A separate detached building, previously used as a medical lab, is currently rented for additional revenue. Property sits on a large lot with a refinished parking area offering ample spaces, an attached garage, a steel garage/storage building, and a shed. The fenced lot adds privacy and security. Utilities are separate, and there are no association fees, bylaws, or restrictive rules\u2014making this a turnkey and cost-efficient opportunity. This is a complete and solid property, ready for immediate occupancy, with endless potential for both professional and investment purposes. Schedule your showing today to secure this unique and income-producing mixed-use opportunity. MLSNow 5154201 Directions to property: off oberlin

MLS Listing ID: 
MLSNow 5154201
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$470,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Lorain
Address: 
5374 Oberlin Avenue, Lorain, OH 44053
County: 
Lorain
Latitude: 
41.4192440
Longitude: 
-82.1863670
Directions: 
off oberlin
Public Remarks: 
Exceptional and rare opportunity! Versatile medical/mixed-use property in a prime high-traffic, high-visibility location. Formerly a dentist\u2019s office, this well-maintained and updated space can function as a single or dual tenant setup, offering maximum flexibility for a wide range of professional uses. Main office features a welcoming lobby, reception area, multiple exam/office rooms, kitchen space, baths with shower, and storage\u2014ideal for medical, attorney, insurance, or other professional services. Adding to the value, the 2nd floor offers a spacious 2\u20133 bedroom apartment, perfect for live/work convenience, employee housing, or generating additional rental income. A separate detached building, previously used as a medical lab, is currently rented for additional revenue. Property sits on a large lot with a refinished parking area offering ample spaces, an attached garage, a steel garage/storage building, and a shed. The fenced lot adds privacy and security. Utilities are separate, and there are no association fees, bylaws, or restrictive rules\u2014making this a turnkey and cost-efficient opportunity. This is a complete and solid property, ready for immediate occupancy, with endless potential for both professional and investment purposes. Schedule your showing today to secure this unique and income-producing mixed-use opportunity.
Community Information
School District: 
Lorain CSD - 4709
Subdivision: 
Black River 02
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1975
Living Area: 
0.0
Construction
Foundation Details: 
Slab
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.55
Lot Size (Area): 
0.55
Lot Features
Parking Type: 
Attached,Detached,Garage,Parking Lot
Total Parking Spaces: 
15
Fence: 
Fenced
Public Record
Parcel Number: 
02-02-005-114-060
Annual Tax: 
$5,997.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Coldwell Banker Schmidt Realty

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