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Main Building 7836 Oberlin Rd 19,303 SF 100% Leased Industrial Building Elyria, OH 44035 $2,223,196 CAD ($115.17 CAD/SF) 7.97% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully leased to five commercial tenants with stable occupancy.
  • On-site maintenance team ensures low operating costs.
  • Single-owner asset for 22 years with pristine upkeep.
  • Excellent location with access to I-90 and Route 57.

EXECUTIVE SUMMARY

Positioned along a well-traveled corridor in Elyria, Ohio, 7836 Oberlin Road presents a rare opportunity to acquire a meticulously maintained, fully stabilized commercial investment. This ±19,303-square-foot building sits on a generous 2.8-acre parcel and has been under the care of a single owner for over two decades. The result is a pristine, turn-key asset with no deferred maintenance and a proven track record of operational efficiency.
The property is 100% leased to five commercial tenants, each benefiting from the property’s strategic location and professional on-site maintenance. The ownership’s commitment to long-term upkeep has resulted in consistently low operating costs and a building that shows exceptionally well. Offered at an 8% cap rate, this asset delivers immediate in-place income with no near-term capital expenditure requirements—ideal for investors seeking a low-touch, income-producing property in a stable market.
Located just minutes from downtown Elyria and with convenient access to I-90 and Route 57, the site offers strong regional connectivity. The surrounding area features a mix of residential neighborhoods, retail centers, and light industrial users, supporting a diverse tenant base and long-term leasing demand.
This is a rare chance to acquire a legacy-owned, high-performing commercial property with built-in operational ease and income stability.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,223,196 CAD
Price Per SF $115.17 CAD
Sale Type Investment
Cap Rate 7.97%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.84 AC
Rentable Building Area 19,303 SF
No. Stories 1
Year Built 1950
Parking Ratio 3.37/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 4
Zoning mixed - Light manufacturing office and school

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Property Manager on Site
  • Signage
  • Storage Space
  • Air Conditioning

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-00-055-000-037
Land Assessment
$44,695 CAD
Improvements Assessment
$203,618 CAD
Total Assessment
$248,313 CAD
  • Listing ID: 36740348

  • Date on Market: 2025-07-15

  • Last Updated:

  • Address: 7836 Oberlin Rd, Elyria, OH 44035

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