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 $199,900. Oberlin Road is located within the Elyria City school district. Search Elyria real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business

Cooling: Central Air

Days on Market: 85

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 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

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433 Oberlin RoadElyria, OH 44035