433 Oberlin RoadElyria, OH 44035

433 Oberlin RoadElyria, OH 44035

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$289,000 Active
Commercial - Business MLS 5187414
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Listed By

Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: jeffshomes55@gmail.com, 419-239-3472

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

High-traffic location in a prime commercial corridor. Property was the longtime home of Dempsey's Appliance for over 50 years, demonstrating strong visibility and proven commercial use. The building offers over 3,300 square feet and has received extensive updates by the current owners. Updates include completely updated electric and plumbing systems, brought up to current code, along with new commercial carpeting throughout, new drywall walls, and new ceilings. The interior features approximately six offices, a retail/showroom area, receiving bay, kitchen area, finished living space, and a large warehouse/storage area. Two half baths and an exterior storage shed are also included. The property is suitable for a wide range of uses including professional offices, automotive-related businesses, retail storefront, light manufacturing, warehouse, wholesale operations, call center, and more. Ample off-street parking available.

433 Oberlin Road | MLS# 5187414

This commercial property located at 433 Oberlin Road, Elyria, OH 44035 is currently listed for sale with an asking price of $289,000. Oberlin Road is located within the Elyria City school district. Search Elyria real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Days on Market: 21
Heating: Forced Air, Gas
Lot Size: 0.54 Acres
Taxes: $1,782 / year
Year Built: 1960

Feature Descriptions

Building Features: Lunchroom, Meeting Room(s), Overhead Doors, Private Restrooms
Parcel#: 10-00-003-115-051
Parking: Asphalt, Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Elyria City

Demographics

Lorain County Demographic Information for 433 Oberlin Road, Elyria, OH 44035
Fips
Fips Code 39093
Population
2020 to 2023 Change up 1.6%
2010 Count 301,356
2020 Count 312,964
2023 Estimate (V2023) 317,910
2020 Estimate (V2023) 312,956
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.4%
18 to 64 53.4%
65 and Older 19.9%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 2.8%
US 97.2%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 27.2%
Computer and Internet use
Households with a computer 93.8%
Households with a broadband Internet subscription 84.5%
Language
English is Second Language, Age 5+ 7.0%
English is First Language, Age 5+ 93.0%
Veterans
Veterans 17,970
Income
Per Capita Income $37,171
Median Household Income $67,272
People in Poverty 12.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 124,510
Average Household Size 2.45
Owner-Occupied 72.9%
Multi-Family 17.0%
Owner-Occupied Median Value $191,900
Median selected monthly owner costs -with a mortgage $1,474
Median selected monthly owner costs -without a mortgage $591
Median gross rent $886
Building Permits
New Private Housing Issued 2023 987
Years at Residence
1 Year or More 90.0%
Less Than 1 Year 10.0%
Business and Employment
Private non-farm Establishments 5,574
Private non-farm Employment 83,286
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,027
Number of Firms 20,914
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

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