45445 US Highway 20, Oberlin, OH, 44074

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$650,000
94 Days On Site

45445 US Highway 20
Oberlin, OH 44074

For Sale|Retail|Active
0
Beds
0
Total Baths
9,266
SqFt
$70
/SqFt
1954
Built
Subdivision:
Pittsfield
County:
Lorain
Call Now: 330-440-3253
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330-440-3253
45445 US Highway 2045445 US Highway 2045445 US Highway 2045445 US Highway 20
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Rare opportunity to expand your real estate investment portfolio! This exceptional income-producing property features 14 total rental units situated on 3.25 acres with convenient access from Kipton Nickel Diagonal Road, and U.S. Route 20. The property includes 10 residential units, each offering 2 bedrooms, 1 full bathroom, private in-suite laundry, ceramic tile flooring throughout, and a refrigerator and stove that will remain with the property. The metal roof was replaced approximately three years ago. Also included is a 72' x 162' outbuilding with concrete floors, currently occupied by an established mechanic's business, providing additional commercial rental income. Above the outbuilding are 4 additional apartment units, further enhancing the property's revenue potential. This is a 100% occupied investment, with all residential units and the commercial space currently leased, providing immediate cash flow from day one. This well-maintained, fully leased property offers multiple income streams and outstanding long-term investment potential. Showings require a fully executed purchase contract and a minimum of 48 hours' notice.

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Listing Snapshot
Price 
$650,000
Days On Site 
94 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,266 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.25 Acres
Year Built 
1954
MLS® Number 
5225081
Status 
Active
Property Tax 
$11,594
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoPrice changed to $650,000
2 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
3.25
Additional Property Use 
Multi-FamilyMixed UseResidentialRetailSingle FamilyWarehouse
Foundation 
Slab
Property Sub Type 
Retail
Sewer 
Holding TankSeptic NeededSeptic Tank
SqFt Total 
9266
Water Source 
Public
Zoning 
Commercial
Interior Features
Basement 
Apartment
Heating 
Natural GasForced Air
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Exterior Features
Fencing 
None
Roof 
Metal
Community Features
School District 
Oberlin CSD - 4712
Township 
Pittsfield Twp
Financing Terms Available 
CashConventional
Schools
School District
Oberlin CSD - 4712
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Janet L Sprecher of RE/MAX Transitions



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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