Eric Waldrop
REALTOR®
MLS#5238406
STATUSActive
PROPERTY TYPECommercial - Office
SUBDIVISIONBlack River 01
SCHOOLLorain City
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.
Property Features
Property Type: Commercial - Office
Cooling: Central Air
Heating: Forced Air, Gas
Lot Size: 0.42 Acres
Taxes: $6,600 / year
Year Built: 1986
Feature Descriptions
Building Features: Private Restrooms
Estimated Active Date: 2026-08-21
Parcel#: 02-01-008-101-208
Local Schools
School District: Lorain City
Listed By / Shown By
Listed By
Agency Name: The Swanzer Agency
Agency Contact: bill@swanzer.com, 440-258-4104
Shown By
Agent Name: Eric Waldrop
Agent Phone: (330) 499-8153 ext. 149
Agency Title: DeHOFF REALTORS
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5315 Oberlin Avenue | MLS# 5238406
This commercial property located at 5315 Oberlin Avenue, Lorain, OH 44053 is currently listed for sale with an asking price of $330,000. Oberlin Avenue is located within the Lorain City school district. Search Lorain real estate on ewaldrop.dehoff.com today.