330-453-9187
5360 Oberlin Ave, Lorain, OH for Sale
Storefront Retail/Office - FOR SALE
1/22
null | Request Cap Rate

5360 Oberlin Ave
Lorain, OH 44053


OVERVIEW

Investment Opportunity!! 6-Unit Commercial Building Zoned B-2 Commercial Business Lorain Co., City of Lorain Live Auction With Online Bidding Available Absolute auction, all sells to the highest bidder on location: 5360 Oberlin Ave., Lorain, OH 44053 Directions: From North Ridge Rd. take Oberlin Ave. north to property. Watch for KIKO signs. Friday, September 26, 2025, 12:00 PM Mixed-use commercial condo complex w/ 6 deeded condo spaces that have been converted to one interconnected space. Previously used as a restaurant and bar featuring multiple dining areas, kitchen, bar & two restrooms. 6 separate electric meters, gas F/A heat, central A/C. Zoned B-2 Commercial Business. Paved parking area. Brick & vinyl sided built in 1990 w/ approx. 3,920 total sq. ft. Nice building adaptable for many uses. Convenient location! Public utilities. Parcels #02-02-005-700-013, #02-02-005-700-012, #02-02-005-700-011, #02-02-005-700-010, #02-02-005-700-009, #02-02-005-700-008. Half year taxes are $1,752.10. Terms On Real Estate: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be sold as an Entirety and not to be offered in separate parcels. Auction By Order Of: Snow and Chevy Property LLC Auctioneers/Realtors: Ashley Ritchey, 330.495.3474, ashley@kikocompany.com and Eric Bevington, 330.417.5471, eric@kikocompany.com

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

6-Unit Commercial Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B-2/Commercial Business

APN/PARCEL ID

02-02-005-700-008,02-02-005-700-009,02-02-005-700-010,02-02-005-700-011,02-02-005-700-012,02-02-005-700-013

ASK ABOUT THIS PROPERTY

Richard KikoKIKO CompanyMore Info
330-453-9187

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Richard KikoKIKO CompanyMore Info
330-453-9187

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