7836 Oberlin Rd - Warehouse FOR SALE


Elyria, OH 44035
$1,605,300 USD
216-695-2677
7836 Oberlin Rd, Elyria, OH for Sale
$1,605,300 USD
Warehouse - FOR SALE
1/18
null | 7.97% Cap Rate

7836 Oberlin Rd
Elyria, OH 44035


HIGHLIGHTS

  • Fully leased to five commercial tenants with stable occupancy.
  • Single-owner asset for 22 years with pristine upkeep.
  • On-site maintenance team ensures low operating costs.
  • Excellent location with access to I-90 and Route 57.

OVERVIEW

Positioned along a well-traveled corridor in Elyria, Ohio, 7836 Oberlin Road presents a rare opportunity to acquire a meticulously maintained, fully stabilized commercial investment. This ±19,303-square-foot building sits on a generous 2.8-acre parcel and has been under the care of a single owner for over two decades. The result is a pristine, turn-key asset with no deferred maintenance and a proven track record of operational efficiency. The property is 100% leased to five commercial tenants, each benefiting from the property’s strategic location and professional on-site maintenance. The ownership’s commitment to long-term upkeep has resulted in consistently low operating costs and a building that shows exceptionally well. Offered at an 8% cap rate, this asset delivers immediate in-place income with no near-term capital expenditure requirements—ideal for investors seeking a low-touch, income-producing property in a stable market. Located just minutes from downtown Elyria and with convenient access to I-90 and Route 57, the site offers strong regional connectivity. The surrounding area features a mix of residential neighborhoods, retail centers, and light industrial users, supporting a diverse tenant base and long-term leasing demand. This is a rare chance to acquire a legacy-owned, high-performing commercial property with built-in operational ease and income stability.

FOR SALE DETAILS

PRICE

$1,605,300 USD

PRICE/SF

$83 USD /SF

CAP RATE

7.97%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

65

LAND DETAILS

LAND ACRES

2.84

LAND SF

123,710

ZONING

mixed

APN/PARCEL ID

05-00-055-000-037

ASK ABOUT THIS PROPERTY

Paul BossmanRJ Wohl CompanyMore Info
216-695-2677

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

Paul BossmanRJ Wohl CompanyMore Info
216-695-2677

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