5374 Oberlin Avenue Lorain, OH $ 470,000
5374 Oberlin Avenue
$ 470,000
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5374 Oberlin Avenue

Lorain, OH, 44053
$ 470,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,932

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Commercial Property for sale in Lorain, OH

for $470,000. This building was built in 1975 on a lot size of 0.55.

Exceptional and rare opportunity! Versatile medical/mixed-use property in a prime high-traffic, high-visibility location. Formerly a dentist’s office, this well-maintained and updated space can function as a single or dual tenant setup, offering maximum flexibility for a wide range of professional uses. Main office features a welcoming lobby, reception area, multiple exam/office rooms, kitchen space, baths with shower, and storage—ideal for medical, attorney, insurance, or other professional services. Adding to the value, the 2nd floor offers a spacious 2–3 bedroom apartment, perfect for live/work convenience, employee housing, or generating additional rental income. A separate detached building, previously used as a medical lab, is currently rented for additional revenue. Property sits on a large lot with a refinished parking area offering ample spaces, an attached garage, a steel garage/storage building, and a shed. The fenced lot adds privacy and security. Utilities are separate, and there are no association fees, bylaws, or restrictive rules—making this a turnkey and cost-efficient opportunity. This is a complete and solid property, ready for immediate occupancy, with endless potential for both professional and investment purposes. Schedule your showing today to secure this unique and income-producing mixed-use opportunity.

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Commercial Active

Price

$ 470,000

Property Type

Commercial

Taxes

$ 5,997

Style

Lot Size

0.55

Year Built

1975

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5154201

Features
General
Sewer Public Sewer
Heating Gas
Cooling Central Air
Possession Negotiable
Roof Asphalt
Year Built 1975
Stories Count 2
Township Lorain
Levels Two
Property Subtype Mixed Use
Tax Year 2024
Current Use Medical/Dental
Business Type Dental Retail
County Lorain
Property Type Commercial Sale
Attached Garage true
Subdivision Name Black River 02
Garage Y/N true
Building Features Lunchroom Private Restrooms Reception Area Storage
Status Active
Directions off oberlin
City Lorain
High School District Lorain CSD - 4709
Lot Size Units Acres
Tax Annual Amount 5997
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Public Records
Property Sub Type Additional Mixed Use
Legal Description DEMPSEY APPLIANCE DR MONROE
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Interior
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Fencing Fenced
Parking Features Attached Detached Garage Parking Lot
Water Source Public
Total Parking 15
Lot Size Area 0.55
Foundation Details Slab
Number of Buildings 2
Building Area Total 4863
Lot Size Acres 0.55
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Christopher A Frederick

Listing Agent

Coldwell Banker Schmidt Realty

Broker

thefrederickteam@gmail.com

Email

Affordability Calculator

$3,432
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,932
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458042 Elementary School
4458082 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2025$470,000 Listed Price

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5374 Oberlin Avenue, Lorain, OH, 44053 is a Commercial Property for sale at $470,000 with a lot size of 0.55. 5374 Oberlin Avenue was built in 1975. The property's zip code is 44053 which is in Lorain, OH