5315 Oberlin Avenue, Lorain, OH 44053

$330,000

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List Price
$330,000
Status
ACTIVE
MLS#
5238406
Year Built
1986
Region
Lorain
Township
Lorain
Subdivision / Building
Black River 01

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.

Additional Information

Taxes
$6,600
Acres
0.42
Heating
Forced Air, Gas
Cooling
Central Air
School District
Lorain CSD - 4709

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Listing Courtesy of: William M Swanzer, bill@swanzer.com With The Swanzer Agency

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