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    Versatile Mixed-Use Property
    Updated: Sep 3, 2025
    Versatile Mixed-Use Property

    5370 Oberlin Avenue, Lorain, OH 44053

    $349,500
    0.55 AC lot
    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
    Detached building formerly used as a medical lab is currently rented
    Refinished parking area, attached garage, steel garage/storage building, and shed
    View details
    Mixed-Use Medical Office and Apartment
    Updated: Jul 8
    Mixed-Use Medical Office and Apartment

    5370 Oberlin Avenue, Lorain, OH 44053

    $349,500
    Medical/mixed‑use property with 2 buildings totaling 4,863 sq ft on a 0.55‑acre lot
    Single or dual‑tenant setup from a former dentist’s office with lobby, reception, multiple exam/office rooms, kitchen, baths with shower, and storage
    2nd‑floor apartment with 2–3 bedrooms for live/work, employee housing, or rental income
    Detached building previously used as a medical lab is currently rented for additional revenue
    Parking for 15 with refinished parking area, attached garage, steel garage/storage building, and shed
    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    5370 Oberlin Ave, Lorain, OH 44053

    $399,500

    Office space, an upper-level apartment, and separate outbuildings support multiple occupancy configurations.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Live-Work Automotive Repair Property
    Live-Work Automotive Repair Property

    2480 & 2464 Medina Rd, Medina, OH 44256

    $1,999,000
    4.50 AC lot

    Two adjacent parcels with a large service and storage structure plus a four-bedroom brick home.

    View details
    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    3038 Scranton Road, Cleveland, OH 44113

    $400,000
    0.05 AC lot

    Three-level building combines restaurant infrastructure with updated residential areas and flexible live-work functionality.

    View details
    Creative Space with Approved Parking
    Creative Space with Approved Parking

    1350 West 69th Street, Cleveland, OH 44102

    Contact for pricing
    4,000 sqft

    Partially rehabilitated commercial building with flexible reuse potential and an adjacent lot approved for parking.

    View details
    Mixed-Use Retail and Apartment
    Mixed-Use Retail and Apartment

    119 Lafayette St, Medina, OH 44256

    Contact for pricing
    2,102 sqft

    This mixed-use property offers a leased first-floor retail/office suite and a second-floor apartment, with separate utility metering.

    View details

    Off-Market Properties in Lorain, OH

    Consider similar Off-Market properties in Lorain, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2919 Grv Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    2919 Grv Ave, Lorain, OH 44055-2039

    $245,000
    Estimated value
    2,256 sqft 0.12 AC lot
    View details
    2104 28th St
    OFFICE/RESIDENTIAL (MIXED USE)

    2104 28th St, Lorain, OH 44055-1933

    $130,000
    Estimated value
    1,100 sqft 0.14 AC lot
    View details
    1804 28th St
    OFFICE/RESIDENTIAL (MIXED USE)

    1804 28th St, Lorain, OH 44055-1804

    $265,000
    Estimated value
    4,949 sqft 0.14 AC lot
    View details
    2402 Erie Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    2402 Erie Ave, Lorain, OH 44053-1054

    $55,000
    Estimated value
    4,520 sqft 0.14 AC lot
    View details
    129 9th St
    OFFICE/RESIDENTIAL (MIXED USE)

    129 9th St, Lorain, OH 44052-1905

    $100,000
    Estimated value
    720 sqft 0.01 AC lot
    View details
    440 Broadway
    OFFICE/RESIDENTIAL (MIXED USE)

    440 Broadway, Lorain, OH 44052-1740

    $60,000
    Estimated value
    3,158 sqft 0.05 AC lot
    View details
    1850 Washington Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    1850 Washington Ave, Lorain, OH 44052-3875

    $245,000
    Estimated value
    2,318 sqft 0.15 AC lot
    View details
    3115 Elyria Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    3115 Elyria Ave, Lorain, OH 44055-1463

    $80,000
    Estimated value
    1,950 sqft 0.09 AC lot
    View details
    418 Broadway
    OFFICE/RESIDENTIAL (MIXED USE)

    418 Broadway, Lorain, OH 44052-1740

    $50,000
    Estimated value
    5,315 sqft 0.07 AC lot
    View details
    1464 Broadway
    OFFICE/RESIDENTIAL (MIXED USE)

    1464 Broadway, Lorain, OH 44052-3414

    $380,000
    Estimated value
    2,920 sqft 0.07 AC lot
    View details
    226 28th St
    OFFICE/RESIDENTIAL (MIXED USE)

    226 28th St, Lorain, OH 44055-1324

    $250,000
    Estimated value
    2,125 sqft 0.07 AC lot
    View details
    2348 28th St, Unit 1
    OFFICE/RESIDENTIAL (MIXED USE)

    2348 28th St, Lorain, OH 44055-2062

    Unit 1
    $220,000
    Estimated value
    2,640 sqft 0.14 AC lot
    View details
    1759 Broadway
    OFFICE/RESIDENTIAL (MIXED USE)

    1759 Broadway, Lorain, OH 44052-3622

    $280,000
    Estimated value
    2,162 sqft 0.06 AC lot
    View details
    2848 Broadway
    OFFICE/RESIDENTIAL (MIXED USE)

    2848 Broadway, Lorain, OH 44055-1273

    $260,000
    Estimated value
    3,696 sqft 0.16 AC lot
    View details
    214 28th St
    OFFICE/RESIDENTIAL (MIXED USE)

    214 28th St, Lorain, OH 44055-1324

    $210,000
    Estimated value
    4,802 sqft 0.07 AC lot
    View details
    210 7th St
    OFFICE/RESIDENTIAL (MIXED USE)

    210 7th St, Lorain, OH 44052-1812

    $75,000
    Estimated value
    2,814 sqft 0.08 AC lot
    View details
    1840 Broadway
    OFFICE/RESIDENTIAL (MIXED USE)

    1840 Broadway, Lorain, OH 44052-3625

    $295,000
    Estimated value
    2,500 sqft 0.08 AC lot
    View details
    3009 Pearl Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    3009 Pearl Ave, Lorain, OH 44055-1857

    $560,000
    Estimated value
    3,240 sqft 0.15 AC lot
    View details
    1732 28th St
    OFFICE/RESIDENTIAL (MIXED USE)

    1732 28th St, Lorain, OH 44055-1704

    $115,000
    Estimated value
    1,040 sqft 0.14 AC lot
    View details
    404 Broadway
    OFFICE/RESIDENTIAL (MIXED USE)

    404 Broadway, Lorain, OH 44052-1740

    $225,000
    Estimated value
    2,247 sqft 0.06 AC lot
    View details
    224 28th St
    OFFICE/RESIDENTIAL (MIXED USE)

    224 28th St, Lorain, OH 44055-1324

    $170,000
    Estimated value
    1,000 sqft 0.07 AC lot
    View details

    Lorain, OH Live-Work Space Market Trends and Statistics

    Explore 72 live-work space for sale in Lorain, OH, showcased through 3 active listings on our real estate platform.

    Sale prices for live-work properties in Lorain, OH start at $349,500, averaging $366,166, and reaching up to $399,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 18
    Office buildings 10
    Medical Office Space 6
    Creative space 1

    Demographics Overview

    Population 82K
    Population Growth (5Y) +2.8%
    Median Household Income $51,688
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

    Identify Lorain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44053 $399.5K

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

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