3819 Oberlin Ave | Lorain, OH 44053
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- LoopNet Team
3819 Oberlin Ave
Lorain, OH 44053
3817-3819 OBERLIN AVE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Tenancy – Family Dollar has been in the location since 2001 and has continued to exercise all lease extensions throughout its term
- Free and Clear – This asset is offered free and clear of existing financing
- Parking Lot – Recently sealed and striped in September of 2020
- Below Replacement Cost – Opportunity to purchase the asset significantly below the replacement cost
- Renovations – New roof on Family Dollar in 2010, New buildout and new roof on Soul on Fire in 2019
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
16,800 SF
Building Class
C
Year Built/Renovated
1962/2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.79 AC
Zoning
B1
Parking
65 Spaces (3.87 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 02-01-006-190-003 | Improvements Assessment | $333,410 |
| Land Assessment | $63,522 | Total Assessment | $396,932 |
PROPERTY TAXES
Parcel Number
02-01-006-190-003
Land Assessment
$63,522
Improvements Assessment
$333,410
Total Assessment
$396,932
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