47
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$470,000
Est. payment /mo
0.55 Acres Lot
New
5374 Oberlin AVE Lorain, OH 44053
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Black River 02
MLS Listing ID 5154201
HOA Y/N No
Year Built 1975
Annual Tax Amount $5,997
Tax Year 2024
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Mixed Use
Stories Two
Story Two
Property 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.
Location
State OH
County Lorain
Interior
Heating Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Attached, Detached, Garage, Parking Lot
Fence Fenced
Water Access Desc Public
Roof Type Asphalt
Present Use Medical/Dental
Total Parking Spaces 15
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-02-005-114-060
Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com, 216-210-7653
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