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1757 Oberlin Avenue

$397,000

1757 Oberlin Avenue, Lorain, OH 44052

Active
Last Updated: 06/07/2025
 
 
Highlights:
  • Annual Tax: $ 2442.0
  • Water: Municipal Water
  • Heating Fuel Type: Gas
  • Sewer: Public
  • Cooling: Central A/C
  • Heating Type: Forced Air
Description:

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)

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