Property summary
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
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Current use
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Property Management Company Townhouse Complex
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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