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$ 309,000
Est. payment /mo
Price Dropped by $20K
1755 Oberlin AVE Lorain, OH 44052
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5190203
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,463
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Mixed Use
Property Description
Exceptional Mixed-Use Commercial Opportunity on High-Traffic Corner Lot
Unlock incredible potential with this versatile, fully vacant commercial mixed-use property—formerly a bar and grill—offering outstanding visibility, flexibility, and income possibilities. Situated on a prominent corner lot in an area experiencing active redevelopment, this property is ideal for an owner-occupant, investor, or portfolio expansion. Inside the property is rough wired, framed and a newer HVAC system.
Commercial Building Features:
• High-traffic location with excellent frontage and visibility
• Former restaurant layout with multiple entrances—perfect for subdividing into separate retail or office units
• Additional rooms ideal for storage, expansion, or reconfiguration
• Full basement with interior access
• Flexible floor plan providing a true blank canvas for your business vision
Residential Home Included:
• Charming attached Cape Cod–style home
• 3 bedrooms, 1.5 baths
• Inviting front porch
• Perfect for an owner-occupant, on-site manager, or additional rental income stream
Additional Property Highlights:
• Large parking lot, partially fenced
• Detached vinyl-sided 3-car garage
• Entire property delivered vacant and ready for immediate occupancy, leasing, or renovation
This is a rare chance to shape a multi-use property in a rapidly improving area. Whether you're seeking a strategic business location, a value-add investment, or a hybrid live/work setup, this property checks all the boxes.
No liquor license included. Serious, qualified buyers only. No wholesalers.
Unlock incredible potential with this versatile, fully vacant commercial mixed-use property—formerly a bar and grill—offering outstanding visibility, flexibility, and income possibilities. Situated on a prominent corner lot in an area experiencing active redevelopment, this property is ideal for an owner-occupant, investor, or portfolio expansion. Inside the property is rough wired, framed and a newer HVAC system.
Commercial Building Features:
• High-traffic location with excellent frontage and visibility
• Former restaurant layout with multiple entrances—perfect for subdividing into separate retail or office units
• Additional rooms ideal for storage, expansion, or reconfiguration
• Full basement with interior access
• Flexible floor plan providing a true blank canvas for your business vision
Residential Home Included:
• Charming attached Cape Cod–style home
• 3 bedrooms, 1.5 baths
• Inviting front porch
• Perfect for an owner-occupant, on-site manager, or additional rental income stream
Additional Property Highlights:
• Large parking lot, partially fenced
• Detached vinyl-sided 3-car garage
• Entire property delivered vacant and ready for immediate occupancy, leasing, or renovation
This is a rare chance to shape a multi-use property in a rapidly improving area. Whether you're seeking a strategic business location, a value-add investment, or a hybrid live/work setup, this property checks all the boxes.
No liquor license included. Serious, qualified buyers only. No wholesalers.
Location
State OH
County Lorain
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Driveway, Garage, On Site
Fence Partial Cross, Wood
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Flat
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-01-006-133-008
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Sherrie Haas • Russell Real Estate Services • Sherriehaas@gmail.com, 216-215-6132
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