544 College StOberlin, OH 44074

Property Details for 544 College St

Year built

1952

Lot size

0.79 AC

Property size (Sq ft)

9,502 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

09-00-084-101-061

APU

900084101061

Description

This exceptional 9,100 square foot retail space, located at 544 W College St in Oberlin, Ohio, presents a unique opportunity for a variety of businesses. Situated in Lorain County, this single-tenant property offers ample space for a wide range of retail operations. The building's previous use as a Dollar General store indicates its suitability for high-traffic retail ventures. The property's address is conveniently located on West College Street, offering excellent visibility and accessibility for customers. The building's size and layout provide flexibility for customization to meet specific business needs. This prime location in Oberlin, Ohio, offers access to a thriving community and a strong customer base. The property is classified as retail, but its spacious layout also lends itself to office or restaurant uses, depending on the tenant's requirements. This is an ideal opportunity for a business seeking a well-positioned, substantial space in a vibrant Ohio town. The property is available for lease and offers a significant opportunity for growth and success. Interested parties should inquire for lease terms and conditions. The property's zip code is 44074. The geographic coordinates are latitude 41.2940423 and longitude -82.23715.

• CAP approach

  CAP return

  Valuation

  6%

  $2,619,290

  6.5%

  $2,417,806

  7%

  $2,245,106

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,239,819

  Geo Method

  $2,239,819

• Alternative Use

  Use

  Valuation

  Residential

  $2,039,510

  Hospitality

  $1,868,180

  Educational

  $1,554,304

  Medical

  $1,607,759

  Retail

  $2,417,806

Location Insight

City

Oberlin

County

Lorain

State

Ohio

Latitude

41.2939

Longitude

-82.237

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].