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Listed price in listed location currency (USD).
$187,000
$199,900

0018

MLS® 4483919

Overview

Key Facts

Type Office
Levels Commercial Sale
Size 1448 sqft
Garage 
Taxes 
Lot Size 
Approx. Age 1952
Avg. Price Per Sqft $138
MLS® Number 4483919

Property Address: 3380 Oberlin Ave, Lorain, OH, 44053-2754

Average square foot calculated using Size range provided by listing agent.

Description

One story office building with ample parking in a high traffic location near McDonald's, CVS Pharmacy, Subway, Northwest Bank, Apples, Dollar Tree, T-Mobile, Boost, Taco Bell and much more! Currently leased through May 1, 2025. The tenant, Liberty Tax, is a long term tenant and would like to stay. The lease does increase 3%+ every year and is currently operating at a 9% cap rate. The tenant is responsible for all seasoned maintenance, utilities, internal mechanicals, minor repairs and any updating/remodeling. Office features 2 bathrooms, newer roof (2018) , furnace and a/c (2019) and hot water tank (2022). Don't miss your chance to own this excellent investment property!
MLS® Number4483919
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1952
BasementNone
DrivewayOutside
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Oct 8, 2023End Date
$187,000Sold Price

Sold

Apr 1, 2026List Date
$199,900List Price

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