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Property profile & analytics
OFF-MARKET
Office buildings

530 Main St Oberlin, OH 44074-1743

4,464 SF 0.96 ac lot Built 1979
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-2401823
Property summary
AI-generated overview

This single-story, 4,464 square foot commercial building in Oberlin, Ohio, presents a versatile investment opportunity. Built in 1973 and renovated in 2000, the property is zoned C-2 and sits on a 0.968-acre lot (APN: 0900105000014, Lorain County). The building, previously used as a bank branch office, offers adaptable space suitable for various light medical, office, or research uses. The layout allows for either single-tenant occupancy of the entire building or division into two independent units, each with its own entrance, kitchen, restrooms, and climate control. Existing office workstations are included in the front suite. Amenities include high-speed internet access, 32 surface parking spaces, and central air conditioning. The property boasts full accessibility and a convenient location near the intersection of Route 20 and Route 58, approximately 25 minutes from the airport and 40 minutes from Downtown Cleveland. This property offers a unique blend of functionality and location, making it an ideal choice for a variety of businesses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Total area 4,464 SF
Lot 0.96 ac (41,818 SF)
APN 09-00-105-000-014
UPID US66-2401823
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Placemakers Main Street LLC · 2 yrs held
Placemakers Main Street LLC
since 2024
2 recorded transactions
2024
Price N/A
2023
$230,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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