433 Oberlin RoadElyria, OH 44035

433 Oberlin RoadElyria, OH 44035

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$199,900
Commercial - Industrial MLS 20260345 Price Reduced $80,000 on May 11th, 2026

Listed By

Agency Name: Berkshire Hathaway HomeServices Pro. - Sandusky

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 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.Purchaser will be responsible for obtaining and passing required electrical and plumbing inspections. The majority of the electrical and plumbing work has already been completed.Purchaser will also be required to obtain an HVAC permit and complete the necessary HVAC inspection. The current furnace was previously existing; however, the City of Elyria has indicated that the installation does not meet their satisfaction and will require correction and approval.

433 Oberlin Road | MLS# 20260345

This commercial property located at 433 Oberlin Road, Elyria, OH 44035 is currently listed for sale with an asking price of $199,900. Search Elyria real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Commercial - Industrial
Days on Market: 85
Lot Size: 0.54 Acres
Roof Type: Asphalt
Year Built: 1960

Feature Descriptions

Business Use: Retail Building, Office Building, Warehouse
Exterior: Wood
Lot Dimensions: 0.5400 Acre(s)
Sewer: Public Sewer
Water: Public

Demographics

Lorain County Demographic Information for 433 Oberlin Road, Elyria, OH 44035
Fips
Fips Code 39093
Population
2020 to 2025 Change up 3.3%
2010 Count 301,356
2020 Count 312,964
2025 Estimate (V2025) 323,219
2020 Estimate (V2025) 312,956
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 21.1%
18 to 64 53.0%
65 and Older 20.7%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 3.1%
US 96.9%
Education
High School Graduate, Age 25+ 91.8%
Bachelor's Degree or Higher, Age 25+ 28.5%
Computer and Internet use
Households with a computer 94.8%
Households with a broadband Internet subscription 88.9%
Language
English is Second Language, Age 5+ 7.8%
English is First Language, Age 5+ 92.2%
Veterans
Veterans 18,512
Income
Per Capita Income $40,798
Median Household Income $73,347
People in Poverty 10.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 127,544
Average Household Size 2.42
Owner-Occupied 74.0%
Multi-Family 17.0%
Owner-Occupied Median Value $223,200
Median selected monthly owner costs -with a mortgage $1,525
Median selected monthly owner costs -without a mortgage $629
Median gross rent $966
Building Permits
New Private Housing Issued 2024 1,331
Years at Residence
1 Year or More 90.9%
Less Than 1 Year 9.1%
Business and Employment
Private non-farm Establishments 5,664
Private non-farm Employment 89,159
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,949
Number of Firms 4,759
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