All Brick Building For
For Sale
Contact for pricing
4940 Oberlin Ave, Lorain, OH 44053
All brick building, currently a child care center, for sale.
Property Size2,640 SF
Price / SF$85.23
Days on Market205
Property Features for 4940 Oberlin Ave
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Retail, Industrial
Zoning
Commercial
Building Details
Buildings
1900
Listing Agency:
Howard Hanna
(440) 320-6700
Listed By:
DOUG GEORGE · License #OHIO 2012002401
Source:
Crexi
Added: Feb 6
Changed: Aug 8
Last Checked: Aug 28 at 11:44PM
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 Howard Hanna
Investment Insights
Based on property information with market context.
This is a fabulous all-brick building with many improvements made in recent years. Currently, the building is used as a child care center. The tenant is on a month-to-month lease and is responsible for water, electric, heat, and a portion of the trash removal costs, while the owner handles lawn care. The property offers the option to retain the current tenant or bring in a new one. Improvements to the building include replacement windows, a relatively new furnace installed approximately 3-4 years ago, a roof replaced 8 years ago, a hot water tank replaced 5 years ago, footer tiles around the entire perimeter installed 15 years ago, and concrete work completed 15 years ago. The finished lower level features two access points and includes multiple restrooms and a mini kitchenette. The building is situated on the west side of Oberlin Ave, located between Cooper Foster Park Rd and West 44th St. The property size is 2640 square feet.
Key Highlights
- All brick building with recent improvements.
- Newer furnace (3‑4 years old) and roof (8 years old).
- Replacement windows throughout.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44053, OH
20,735
Population
9,529
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
10.8 sq mi
ZIP Area
1,920
Density / Sq Mi
$65,332
Median Household Income
$43,654
Median Earnings
$827
Median Rent
$189,500
Median Home Value
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Similar Off Market Nearby
- Jump at the Sun Early Learning — 1510 Cooper Foster Park Rd, Lorain, OH 44053
- The Shared Solutions Alliance — 5350 Oberlin Ave, Lorain, OH 44053
- Ms. Hunter's Precious Angels Child Care Center — 5340 Oberlin Ave, Lorain, OH 44053
- Rita's Christian Academy — 4940 Oberlin Ave, Lorain, OH 44053
- Linda's Little Learners — 1820 N Nantucket Dr, Lorain, OH 44053
Frequently Asked Questions
What type of property is this?
Day care center - All brick building, currently a child care center, for sale.
Where is this day care center located?
The property is located at 4940 Oberlin Ave Lorain, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: All brick building with recent improvements.; Newer furnace (3‑4 years old) and roof (8 years old).; Replacement windows throughout.
