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5374 Oberlin Avenue

$470,000

5374 Oberlin Avenue, Lorain, OH 44053

Active
Last Updated: 09/11/2025

0.55 acres

Lot Area

1975

Year Built

Details:
Lot Area:    0.55 acres
Year Built:    1975
MlsNumber:    5154201
Highlights:
  • Annual Tax: $ 5997.0
  • Fencing: Fenced Yard
  • Water: Municipal Water
  • Basement: Slab Foundation
  • Heating Fuel Type: Gas
  • Sewer: Public
  • Cooling: Central A/C
Description:

Exceptional and rare opportunity! Versatile medical/mixed-use property in a prime high-traffic, high-visibility location. Formerly a dentist's office, this well-maintained and updated space can function as a single or dual tenant setup, offering maximum flexibility for a wide range of professional uses. Main office features a welcoming lobby, reception area, multiple exam/office rooms, kitchen space, baths with shower, and storage—ideal for medical, attorney, insurance, or other professional services. Adding to the value, the 2nd floor offers a spacious 2–3 bedroom apartment, perfect for live/work convenience, employee housing, or generating additional rental income. A separate detached building, previously used as a medical lab, is currently rented for additional revenue. Property sits on a large lot with a refinished parking area offering ample spaces, an attached garage, a steel garage/storage building, and a shed. The fenced lot adds privacy and security. Utilities are separate, and there are no association fees, bylaws, or restrictive rules—making this a turnkey and cost-efficient opportunity. This is a complete and solid property, ready for immediate occupancy, with endless potential for both professional and investment purposes. Schedule your showing today to secure this unique and income-producing mixed-use opportunity.

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