4520 Oberlin Ave | Lorain, OH 44053
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- LoopNet Team
4520 Oberlin Ave
Lorain, OH 44053
Oberlin Avenue Professional Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Recent Capital Expenditures:
- The subject property is move-in ready for prospective buyers, eliminating the need for immediate repairs which allows for a seamless transition
- Medical professionals are granted stability and security, as it eliminates the uncertainty associated with leasing arrangements
- Upgraded HVAC System, Updated Plumbing, Enhanced Electrical Infrastructure, Installation of LED Lighting
- Perfect Owner-user Opportunity: Owner-Users can benefit from the ability to customize the space according to their specific needs and preferences
- Listed Below Replacement Cost: Offers potential buyers the opportunity to acquire the property at a lower initial investment
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
6,040 SF
Building Class
B
Year Built
1979
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,334 SF
Building FAR
0.11
Lot Size
1.21 AC
Zoning
Commerical - Medical offices, Professional General Office. https://www.cityoflorain.org/653/Planning-Zoning-Division
Parking
60 Spaces (11.25 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Kitchen
- Storage Space
- Central Heating
- High Ceilings
- Natural Light
- Partitioned Offices
- Reception
- Recessed Lighting
- Drop Ceiling
- Wi-Fi
- Yard
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 02-02-006-115-019 | Improvements Assessment | $82,985 |
| Land Assessment | $34,794 | Total Assessment | $117,779 |
PROPERTY TAXES
Parcel Number
02-02-006-115-019
Land Assessment
$34,794
Improvements Assessment
$82,985
Total Assessment
$117,779
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