Versatile Mixed-Use
For Sale
$349,500
5370 Oberlin Avenue, Lorain, OH 44053
CommercialSale, Lorain, OH
Property SizeContact for details
Lot Size0.55 Acres
Days on Market354
Property Features for 5370 Oberlin Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
15
Parking features
Parking Lot, Garage
Fencing
Fenced
Subdivision
Black River 02
Elementary school district
Lorain CSD - 4709
Middle school district
Lorain CSD - 4709
High school district
Lorain CSD - 4709
Directions
off oberlin
Standard status
Active
APN
02-02-005-114-060
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
DEMPSEY APPLIANCE DR MONROE
Tax Annual Amount
5997
Legal Description
DEMPSEY APPLIANCE DR MONROE
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1975
Floors in Building
2
Roof type
Asphalt
Listing Agency:
Coldwell Banker Schmidt Realty · Coldwell Banker Real Estate
(440) 327-2123
Listed By:
Christopher A Frederick · License #426983
(216) 210-7653
Added: Sep 3, 2025
Changed: Aug 20
Last Checked: Aug 22 at 2:06PM
MLS# 5154201
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property includes a primary office building with a lobby, reception area, several exam or office rooms, kitchen space, bathrooms with a shower, and storage. The former dental office has been updated and can accommodate either one or two tenants. A second-floor 2-3 bedroom apartment adds residential space within the building, while a detached structure formerly used as a medical lab is currently rented.
The property at 5370 Oberlin Avenue includes 0.55 acres with a refinished parking area, attached garage, steel garage/storage building, and shed. The lot is fenced and served by public water and public sewer. Additional building systems include natural-gas heating, central air, and an asphalt roof. The property was built in 1975 and has separate utilities with no association fees or bylaws.
The property at 5370 Oberlin Avenue includes 0.55 acres with a refinished parking area, attached garage, steel garage/storage building, and shed. The lot is fenced and served by public water and public sewer. Additional building systems include natural-gas heating, central air, and an asphalt roof. The property was built in 1975 and has separate utilities with no association fees or bylaws.
Key Highlights
- 0.55‑acre fenced mixed‑use property at 5370 Oberlin Avenue, Lorain, OH 44053
- Primary building includes lobby, reception, exam or office rooms, kitchen, baths with shower, and storage
- Second‑floor 2‑3 bedroom apartment supports live‑work or residential use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office, residential, and detached auxiliary spaces support multiple professional and live-work configurations.
Where is this mixed-use property located?
The property is located at 5370 Oberlin Avenue Lorain, OH.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: 0.55‑acre fenced mixed‑use property at 5370 Oberlin Avenue, Lorain, OH 44053; Primary building includes lobby, reception, exam or office rooms, kitchen, baths with shower, and storage; Second‑floor 2‑3 bedroom apartment supports live‑work or residential use
