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5374 Oberlin Avenue, Lorain, OH 44053

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For Sale

$470,000

0.55 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.6 acres
    Lot size

  • 41-50 Years Old
    Age

Explore this Property

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.
MLS# 5154201

Courtesy Of Coldwell Banker Schmidt Realty

(440) 327-2123

Property Features

  • Age
    41-50 Years Old
  • Lot Size
    0.55 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 5374 Oberlin Avenue, Lorain, OH 44053

Home seller CENTURY 21 Asa Cox Homes

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Asa Cox Homes

(440) 639-0002
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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