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$330,000
Est. payment /mo
0.42 Acres Lot
UPDATED:
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.
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
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Listed by William M Swanzer • The Swanzer Agency • bill@swanzer.com, 440-258-4104
Nearby Locations
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