5315 Oberlin Avenue Lorain, OH $ 330,000
5315 Oberlin Avenue
$ 330,000
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5315 Oberlin Avenue

Lorain, OH, 44053
$ 330,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,084

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Commercial Property for sale in Lorain, OH

for $330,000. This building was built in 1986 on a lot size of 0.42.

OWNER-OCCUPANT OPPORTUNITY — INCOME ALREADY IN PLACE 5315 Oberlin Ave., Lorain, Ohio Put your business in a solid brick commercial building and let the existing rental income help offset your ownership costs. This versatile property offers two income-producing units generating $39,900 in gross annual rents, making it an excellent opportunity for an owner-occupant, investor, or growing business looking to own rather than rent. PROPERTY HIGHLIGHTS Solid brick commercial building Two units $39,900 in gross annual rental income New roof Separate storage barn for additional storage or business use Flexible setup for an owner-user with rental income Located on Oberlin Avenue in Lorain Opportunity to build equity while operating your business WHY KEEP PAYING RENT? For the right business owner, this property offers the best of both worlds: your own commercial location plus rental income from the property. Occupy the space you need, collect income from the other space, and start building equity in your own real estate. OWN YOUR BUSINESS LOCATION — AND LET THE PROPERTY HELP PAY FOR IT.

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Commercial Active

Price

$ 330,000

Property Type

Commercial

Taxes

$ 6,600

Style

Lot Size

0.42

Year Built

1986

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5238406

Features
General
Heating Forced Air Gas
Cooling Central Air
Possession Negotiable
Year Built 1986
Township Lorain
Property Subtype Office
Tax Year 2025
Current Use Office
Business Type Advertising Dental Electronics Employment Financial Health Services Locksmith Medical Other Photographer Real Estate Rental Travel Video
County Lorain
Property Type Commercial Sale
Attached Garage false
Subdivision Name Black River 01
Building Features Private Restrooms
Status Active
Directions Cooper Foster to Oberlin Ave.
City Lorain
High School District Lorain CSD - 4709
Zoning Description Commercial
Lot Size Units Acres
Tax Annual Amount 6600
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Lorain CSD - 4709
Elementary School District Lorain CSD - 4709
Year Built Source Public Records
Total Actual Rent 28020
Property Sub Type Additional Office
Legal Description TR1 OL8
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Interior
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Size Area 0.42
Foundation Details Slab
Building Area Total 2560
Lot Size Acres 0.42
Lot Size Source Assessor
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* Excluded Features
List By
William M Swanzer

Listing Agent

The Swanzer Agency

Broker

bill@swanzer.com

Email

Affordability Calculator

$2,634
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,084
Monthly Property Taxes
$550
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/21/2026$330,000 Listed Price

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5315 Oberlin Avenue, Lorain, OH, 44053 is a Commercial Property for sale at $330,000 with a lot size of 0.42. 5315 Oberlin Avenue was built in 1986. The property's zip code is 44053 which is in Lorain, OH