1755 Oberlin Ave - Freestanding FOR SALE


Lorain, OH 44052
$397,000 USD
440-537-4686
1755 Oberlin Ave, Lorain, OH for Sale
$397,000 USD
Freestanding - FOR SALE
1/53
null | Request Cap Rate

1755 Oberlin Ave
Lorain, OH 44052


OVERVIEW

Excellent opportunity awaits w/Commercial Mixed-Use property, formerly a bar & grill, offering incredible flexibility & income potential. Situated on a high-traffic corner w/excellent visibility, property features a spacious former restaurant space w/multiple entrances, making it ideal for subdividing into separate retail or office units. Former restaurant layout includes large open dining areas with high ceilings, two bathrooms, bar that remains intact, kitchen w/many components still in place—ready for your vision. Additional rooms offer storage or expansion options, & full basement provides even more usable space with interior access. Attached to the commercial portion is a charming 3-bedroom, 1.5-bath Cape Cod-style residence w/welcoming front porch—perfect for an owner-occupant, on-site manager, or additional rental income. Property includes a large, partially fenced parking lot & vinyl-sided garage equivalent to a 3-car structure, offering endless storage or usage options. Versatile building is entirely vacant, providing a clean slate to lease, occupy, or renovate to your needs. Located in a neighborhood undergoing active redevelopment, this is a rare find for investors, business owners, or developers looking to be part of a growing area. Don't miss this high-potential property—Prefect for owner occupant or add to your investment portfolio. (no liquor licence...Only serious qualified inquiries please. No wholesalers)

FOR SALE DETAILS

PRICE

$397,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

GC

APN/PARCEL ID

02-01-006-133-008,02-01-006-133-009

ASK ABOUT THIS PROPERTY

Adrian FrederickColdwell Banker Schmidt RealtyMore Info
440-537-4686

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Adrian FrederickColdwell Banker Schmidt RealtyMore Info
440-537-4686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.