Property profile

4645 Oberlin Ave Lorain, OH 44053

OFF-MARKET
Office Spaces
7,466 SF
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Property summary

AI-generated overview

This exceptional Lorain, Ohio property at 4645 Oberlin Ave presents a unique investment opportunity encompassing diverse income streams. Situated on a 1.85-acre lot, this mixed-use building boasts a total of 7,466 square feet. The property includes seven fully leased apartments, generating consistent rental income. Additionally, there's a fully leased warehouse component, providing further diversification and revenue potential. A significant portion of the building, approximately 1,750 square feet, is dedicated to office space currently available for lease to a user. This presents an opportunity to increase rental income or occupy the space for business operations. The property's multi-faceted nature, combining residential, commercial, and industrial uses, makes it an attractive investment for those seeking a diversified portfolio. The strategic location in Lorain, Ohio, at 41.4277256 latitude and -82.18540648 longitude, offers convenient access to local amenities and transportation networks. The property's classification as multifamily, office, industrial, and mixed-use reflects its versatility and potential for long-term growth. This is a rare chance to acquire a well-established, income-producing property with significant upside potential. The zip code is 44053.

Property profile

Verified
Property type Office Spaces
Total area 7,466 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company Townhouse Complex

Location

4645 Oberlin Ave Lorain, OH 44053
Lorain metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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