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1755 Oberlin Ave
Lorain, OH 44052
Retail Property For Sale
EXECUTIVE SUMMARY
Excellent opportunity awaits w/Commercial Mixed-Use property, formerly a bar & grill, offering incredible flexibility & income potential. Situated on a high-traffic corner w/excellent visibility, property features a spacious former restaurant space w/multiple entrances, making it ideal for subdividing into separate retail or office units. Former restaurant layout includes large open dining areas with high ceilings, two bathrooms, bar that remains intact, kitchen w/many components still in place—ready for your vision. Additional rooms offer storage or expansion options, & full basement provides even more usable space with interior access. Attached to the commercial portion is a charming 3-bedroom, 1.5-bath Cape Cod-style residence w/welcoming front porch—perfect for an owner-occupant, on-site manager, or additional rental income. Property includes a large, partially fenced parking lot & vinyl-sided garage equivalent to a 3-car structure, offering endless storage or usage options. Versatile building is entirely vacant, providing a clean slate to lease, occupy, or renovate to your needs. Located in a neighborhood undergoing active redevelopment, this is a rare find for investors, business owners, or developers looking to be part of a growing area. Don't miss this high-potential property—Prefect for owner occupant or add to your investment portfolio. (no liquor licence...Only serious qualified inquiries please. No wholesalers)
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,767 SF
Building Class
C
Year Built
1900
Price
$547,197 CAD
Price Per SF
$114.79 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
GC - Restaurant area only
Parking
15 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
79’ on Oberlin Ave
AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $65,675 CAD | |
| Land Assessment | $9,446 CAD | Total Assessment | $75,120 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,446 CAD
Improvements Assessment
$65,675 CAD
Total Assessment
$75,120 CAD
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