About This Home
This 0-bedroom, 0-bathroom commercial at 5315 Oberlin Avenue in Lorain, OH is listed for $330,000. Built in 1986, on a 0.42 acres lot.
Key Features
- Built in 1986
- 0.42 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$1,765/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5315 Oberlin Avenue
Lorain, OH 44053
Black River 01
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5315 Oberlin Avenue is listed at $330,000. The estimated monthly payment is $1,765 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1986, 0.42 acre lot.
This property is listed by William M Swanzer and can be reached at 4402584104.
