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Updated Retail Property For Sale
For Sale
$199,900

433 Oberlin Rd, Elyria, OH 44035

High-traffic retail property with updates and proven commercial use.

Property Size3,300 SF
Price / SF$60.58
Days on Market182

Property Features for 433 Oberlin Rd

General Information

Standard status Active
Size 3,300 SF

Building Details

Year Built 1960
Listing Agency: Berkshire Hathaway HomeServices Professional Realty
Listed By: Jeffrey Smith · License #2016001649
Source: Theacclaimedrealty
Added: Mar 27 Changed: Sep 11 Last Checked: Sep 22 at 7:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Professional Realty

Investment Insights

Based on property information with market context.

Located in a high-traffic commercial corridor, this property offers over 3,300 square feet. The building has undergone extensive updates by the current owners. It was previously occupied by Dempsey's Appliance for over 50 years, indicating strong visibility and established commercial use.

Key Highlights

  • High‑traffic location in a prime commercial corridor.
  • Boasting over 3,300 square feet of space.
  • Extensive updates by current owners.

Property Analytics

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Current Use

B&G-Rod Appliances and Parts Home Appliance Store

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 79% Shops & Services 21%
Rural King Home Improvements & Furnishings
25,525 visits/mo 0.2 miles
Dollar General Shops & Services
6,613 visits/mo 0.2 miles

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - High-traffic retail property with updates and proven commercial use.
Where is this storefront property located?
The property is located at 433 Oberlin Rd Elyria, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: High‑traffic location in a prime commercial corridor.; Boasting over 3,300 square feet of space.; Extensive updates by current owners.
More about this property
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