5315 Oberlin AVE, Lorain, OH 44053
5315 Oberlin AVE, Lorain, OH 44053
5315 Oberlin AVE, Lorain, OH 44053
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$330,000
Est. payment /mo
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0.42 Acres Lot
Active

5315 Oberlin AVE Lorain, OH 44053

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Black River 01

MLS Listing ID 5238406

HOA Y/N No

Year Built 1986

Annual Tax Amount $6,600

Tax Year 2025

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Office

Property Description

OWNER-OCCUPANT OPPORTUNITY — INCOME ALREADY IN PLACE
5315 Oberlin Ave., Lorain, Ohio

Put your business in a solid brick commercial building and let the existing rental income help offset your ownership costs.

This versatile property offers two income-producing units generating $39,900 in gross annual rents, making it an excellent opportunity for an owner-occupant, investor, or growing business looking to own rather than rent.

PROPERTY HIGHLIGHTS
Solid brick commercial building
Two units
$39,900 in gross annual rental income
New roof
Separate storage barn for additional storage or business use
Flexible setup for an owner-user with rental income
Located on Oberlin Avenue in Lorain
Opportunity to build equity while operating your business
WHY KEEP PAYING RENT?

For the right business owner, this property offers the best of both worlds: your own commercial location plus rental income from the property.

Occupy the space you need, collect income from the other space, and start building equity in your own real estate.

OWN YOUR BUSINESS LOCATION — AND LET THE PROPERTY HELP PAY FOR IT.

Location

State OH

County Lorain

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Present Use Office

Building

Foundation Slab

Schools

School District Lorain Csd - 4709

Others

Tax ID 02-01-008-101-208

Special Listing Condition Standard


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by William M Swanzer • The Swanzer Agency • bill@swanzer.com, 440-258-4104

NEARBY SCHOOL & BUSINESS

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Daniel Somerville

Daniel Somerville

Team Leader License ID: SAL.2015004291

+1(330) 475-8118

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5315 Oberlin AVE