5360 Oberlin Avenue Lorain, OH ^$ 150,000

5360 Oberlin Avenue

^$ 150,000

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5360 Oberlin Avenue

Lorain, OH, 44053

^$ 150,000

Studio Baths0.0

Monthly Estimate*

^$ 1,048

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Studio

Commercial Property for sale in Lorain, OH

for $150,000. This building was built in 1990 on a lot size of 0.001.

Welcome to this dynamic mixed-use commercial condo complex, with six deeded condo spaces seamlessly integrated into one expansive restaurant and bar. This versatile property features approximately 3,920 sf of dining areas, large kitchen, well-appointed bar, and two restrooms. This property offers endless possibilities for entrepreneurs seeking to capitalize on its prime location and flexible layout. Parcel #02-02-005-700-013, #02-02-005-700-012, #02-02-005-700-011, #02-02-005-700-010, #02-02-005-700-009, #02-02-005-700-008.

Commercial Active

Price

^$ 150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,889

Style

Lot Size

0.001

Year Built

1990

Town/City

Lorain

County/Region

Lorain

MLS | Web ID

5031879

Features

General

Sewer PublicSewer

Heating ForcedAir Gas

Cooling CentralAir

Possession DeliveryOfDeed

Roof Asphalt Fiberglass

Year Built 1990

Township Lorain

Property SubType MixedUse

Tax Year 2023

Additional Parcels Description 02-02-005-700-012 02-02-005-700-011 02-02-005-700-010 02-02-005-700-009 02-02-005-700-008

County Lorain

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Subdivision Name Salem Court Condo

Garage Y/N N

Status Active

Directions N Ridge Rd to Oberlin Ave

City Lorain

Disclosures PrincipalisRealEstateLicensed

View Y/N N

Senior Community Y/N N

High School District Lorain CSD - 4709

Waterfront Y/N N

Carport Y/N N

Street Name Oberlin

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2889.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 29

Building Area Units SquareFeet

Standard Status Active

Middle/Junior School District Lorain CSD - 4709

Elementary School District Lorain CSD - 4709

Property Sub Type Additional MixedUse

Legal Description SALEM COURT COND

Interior

Basement None

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Electric On Property Y/N N

Main Level Bathrooms 0

Total Baths 0

Living Area Units SquareFeet

Exterior

Parking Features OnSite

Water Source Public

Lot Size Area 0.001

Number of Buildings 1

Spa N

Building Area Total 3920.0

Lot Size Acres 0.001

Lot Size Units Acres

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 5360

* Excluded Features

List By

Vince Senauskas

Listing Agent

Gentile Real Estate Llc

Broker

vsenauskas12@gmail.com

Affordability Calculator

$1,289

Per Month

Monthly Principal & Interest: $1,048
Monthly Property Taxes: $241
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Commerical listings in Lorain, OH

Average List Price ^$307,760

Percent of Sale Price 105%

About Lorain, OH

62,881 Population

-9% Since 2002

^$36,696 Median Income

38.01 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457626 Elementary School

4457488 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/19/2024	$150,000		Listed Price

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5360 Oberlin Avenue, Lorain, OH, 44053 is a Commercial Property for sale at $150,000 with a lot size of 0.001. 5360 Oberlin Avenue is a studio with 0.0 baths and was built in 1990. The property's zip code is 44053 which is in Lorain, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/20/2024.

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5360 Oberlin Avenue

Commercial Property for sale in Lorain, OH

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