Log In/Sign Up
Your email has been sent.
Main Building 7836 Oberlin Rd 19,303 SF 100% Leased Industrial Building Elyria, OH 44035 $1,605,300 ($83.16/SF) 8.17% Cap Rate



Investment Highlights
- Fully leased to five commercial tenants and laydown yard tenants with stable occupancy.
- On-site maintenance team ensures low operating costs.
- For more details, call Paul at call 216-695-2677.
- Single-owner asset for 22 years with pristine upkeep.
- Excellent location with access to I-90 and Route 57.
Executive Summary
Positioned along a well-traveled corridor in Elyria, Ohio, 7836 Oberlin Road presents a rare opportunity to acquire a meticulously maintained, fully stabilized commercial investment. This ±19,303-square-foot building sits on a generous 2.8-acre parcel and has been under the care of a single owner for over two decades. The result is a pristine, turn-key asset with no deferred maintenance and a proven track record of operational efficiency.
The property is 100% leased to five commercial tenants, each benefiting from the property’s strategic location and professional on-site maintenance. The ownership’s commitment to long-term upkeep has resulted in consistently low operating costs and a building that shows exceptionally well. Offered at an 8% cap rate, this asset delivers immediate in-place income with no near-term capital expenditure requirements—ideal for investors seeking a low-touch, income-producing property in a stable market.
Located just minutes from downtown Elyria and with convenient access to I-90 and Route 57, the site offers strong regional connectivity. The surrounding area features a mix of residential neighborhoods, retail centers, and light industrial users, supporting a diverse tenant base and long-term leasing demand.
This is a rare chance to acquire a legacy-owned, high-performing commercial property with built-in operational ease and income stability.
The property is 100% leased to five commercial tenants, each benefiting from the property’s strategic location and professional on-site maintenance. The ownership’s commitment to long-term upkeep has resulted in consistently low operating costs and a building that shows exceptionally well. Offered at an 8% cap rate, this asset delivers immediate in-place income with no near-term capital expenditure requirements—ideal for investors seeking a low-touch, income-producing property in a stable market.
Located just minutes from downtown Elyria and with convenient access to I-90 and Route 57, the site offers strong regional connectivity. The surrounding area features a mix of residential neighborhoods, retail centers, and light industrial users, supporting a diverse tenant base and long-term leasing demand.
This is a rare chance to acquire a legacy-owned, high-performing commercial property with built-in operational ease and income stability.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,605,300 | Lot Size | 2.84 AC |
| Price Per SF | $83.16 | Rentable Building Area | 19,303 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.17% | Year Built | 1950 |
| Property Type | Industrial | Parking Ratio | 3.37/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Zoning | mixed - Light manufacturing office and school | ||
| Price | $1,605,300 |
| Price Per SF | $83.16 |
| Sale Type | Investment |
| Cap Rate | 8.17% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.84 AC |
| Rentable Building Area | 19,303 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 3.37/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | mixed - Light manufacturing office and school |
Amenities
- 24 Hour Access
- Fenced Lot
- Property Manager on Site
- Signage
- Storage Space
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Property Taxes
| Parcel Number | 05-00-055-000-037 | Improvements Assessment | $144,991 |
| Land Assessment | $31,826 | Total Assessment | $176,817 |
Property Taxes
Parcel Number
05-00-055-000-037
Land Assessment
$31,826
Improvements Assessment
$144,991
Total Assessment
$176,817
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Main Building | 7836 Oberlin Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
