117- Main St Oberlin, OH 44074
- Retail properties
- 1.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for 117- Main St
- Lot size
- 1.80 lot acres
- Property type
- Retail properties
- Property subtype
- Apartment buildings
Description
This exceptional 1.8-acre property, located at 117-141 South Main Street in Oberlin, Ohio, presents a unique investment opportunity. Situated in the heart of Oberlin's historic downtown district, this C-1 zoned property encompasses ten contiguous parcels spanning a full city block from Vine Street to Groveland Street. The site currently features a diverse mix of existing structures, including two rental homes, a strip center, an automotive repair shop, and a commercial building, along with some vacant land. The previous underground storage tanks have been removed, and a No Further Action (NFA) determination has been issued for the auto repair parcel. The flexible C-1 zoning allows for a wide range of uses, including retail, restaurants, services, offices (general, professional, administrative, or business), medical offices and clinics, schools, hotels, and dwellings. This zoning specifically permits mixed-use development, allowing for apartments above retail or office spaces. Oberlin, a vibrant community with a rich history and a strong connection to Oberlin College (nearly 3,000 students), offers a population of approximately 8,500 residents. This prime location and versatile zoning make this property ideal for redevelopment or expansion, catering to the needs of both the college community and the wider city population. The property's APN numbers are: 0900086103001
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oberlin
- County
- Lorain
- State
- Ohio
- Longitude
- -82.2173
- Latitude
- 41.2884
