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About This Home

This 0-bedroom, 0-bathroom single family at 5374 Oberlin Avenue in Lorain, OH is listed for $470,000. Built in 1975, on a 0.55 acres lot.

Agent Description

Exceptional and rare opportunity! Versatile medical/mixed-use property in a prime high-traffic, high-visibility location. Formerly a dentist's office, this well-maintained and updated space can function as a single or dual tenant setup, offering maximum flexibility for a wide range of professional uses.

Main office features a welcoming lobby, reception area, multiple exam/office rooms, kitchen space, baths with shower, and storage-ideal for medical, attorney, insurance, or other professional services. Adding to the value, the 2nd floor offers a spacious 2-3 bedroom apartment, perfect for live/work convenience, employee housing, or generating additional rental income.

A separate detached building, previously used as a medical lab, is currently rented for additional revenue. Property sits on a large lot with a refinished parking area offering ample spaces, an attached garage, a steel garage/storage building, and a shed.

The fenced lot adds privacy and security. Utilities are separate, and there are no association fees, bylaws, or restrictive rules-making this a turnkey and cost-efficient opportunity. This is a complete and solid property, ready for immediate occupancy, with endless potential for both professional and investment purposes. Schedule your showing today to secure this unique and income-producing mixed-use opportunity.

Key Features

  • Built in 1975
  • 0.55 acre lot
  • 2 stories
  • 15 parking spaces

Property Details

2 stories
15 spaces
1975

Amenities

A/C

Monthly Cost Estimate

$2,514/mo

20% down · 6.5% · 30 years

Principal$340
Interest$2,037
Insurance$137

Estimates only. Actual payments may vary.

Location

5374 Oberlin Avenue

Lorain, OH 44053

Black River 02

Property Details

Parking

Parking LotGarage

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom single family at 5374 Oberlin Avenue is listed at $470,000. The estimated monthly payment is $2,037 based on 20% down at 6.5% interest.

Key features include: Built in 1975, 0.55 acre lot, 2 stories, 15 parking spaces.

This property is listed by Christopher A Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.

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CF

Christopher A Frederick

Agent at Coldwell Banker Schmidt Realty

(216) 210-7653

Listed by Coldwell Banker Schmidt Realty

MLS# 5154201· Source: listhub· Updated 219 days ago

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5374 Oberlin Avenue, Lorain, OH 44053

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