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4489 Oberlin Avenue

Lorain, OH 44053
  • $655,000
  • STATUS: Active
  • ON SITE: 195 Days
  • MLS #: 5142598
UPDATED: 36 min ago
$655,000
  • 0
    BEDS
  • 0.74
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1998
County:
Area:

School Ratings & Info

School District:

Description

This exceptional turnkey commercial property in a high-traffic location presents a rare opportunity for entrepreneurs and investors alike with Turnkey Banquet Hall, Catering Business, and Income-Generating Barbershop. Prime Commercial Real Estate Opportunity with huge growth potential as current owners currently concentrate on weekend business only. Dual Event Venues: Rose Bud: Ideal for intimate gatherings and smaller events. Rosewood Place: Perfectly suited for larger celebrations and events. Both venues are ADA approved, ensuring accessibility for all guests. Fully Equipped Kitchen: A modern, updated kitchen for food preparation and service supports both event spaces and catering operations. Income-Generating Barbershop: Long term tenant in separate storefront barbershop provides consistent lease income, diversifying the property's revenue stream. Heavy Traffic Area: High visibility and constant exposure in a bustling area drive business and provide marketing advantages. ADA Approved: The property's ADA compliance ensures accessibility for all patrons and reduces potential legal liabilities. Benefits for buyers/investors: High growth potential: Capitalize on the demand for event spaces and catering services in a thriving community. Reduced startup costs: Take advantage of an existing setup with established amenities and infrastructure. Prime Location: Maximize exposure and customer engagement in a high-visibility and easily accessible area. This unique property is an exceptional opportunity to acquire a robust business with significant growth potential and a secure income stream.

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www.clevelandhomefinder.com/homes/166463322
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4489 Oberlin Avenue Lorain, OH 44053

  • Price: $655,000
  • Status: Active
  • On Site: 195 Days
  • Updated: 36 min ago
  • MLS #: 5142598
0
Beds
0
Baths
0
½ Baths
0.74
Acres
1998
Built
Neighborhood:
Black River Township Tr #1
County:
Lorain
Area:
Lorain
School District:
Lorain Csd - 4709
Property Description
This exceptional turnkey commercial property in a high-traffic location presents a rare opportunity for entrepreneurs and investors alike with Turnkey Banquet Hall, Catering Business, and Income-Generating Barbershop. Prime Commercial Real Estate Opportunity with huge growth potential as current owners currently concentrate on weekend business only. Dual Event Venues: Rose Bud: Ideal for intimate gatherings and smaller events. Rosewood Place: Perfectly suited for larger celebrations and events. Both venues are ADA approved, ensuring accessibility for all guests. Fully Equipped Kitchen: A modern, updated kitchen for food preparation and service supports both event spaces and catering operations. Income-Generating Barbershop: Long term tenant in separate storefront barbershop provides consistent lease income, diversifying the property's revenue stream. Heavy Traffic Area: High visibility and constant exposure in a bustling area drive business and provide marketing advantages. ADA Approved: The property's ADA compliance ensures accessibility for all patrons and reduces potential legal liabilities. Benefits for buyers/investors: High growth potential: Capitalize on the demand for event spaces and catering services in a thriving community. Reduced startup costs: Take advantage of an existing setup with established amenities and infrastructure. Prime Location: Maximize exposure and customer engagement in a high-visibility and easily accessible area. This unique property is an exceptional opportunity to acquire a robust business with significant growth potential and a secure income stream.
Exterior Features

Attached Garage YN No Waterfront YN No

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Heating Gas Heating YN Yes Main Level Bathrooms 0

Property Features

Current Use Mixed Use Property Sub Type Mixed Use Sewer Private Sewer Tax Annual Amount 12200 Township Lorain Water Sewer Expense 3300 Water Source Private

 
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Howard Hanna
8396 Mentor Ave.
Mentor OH, 44060