4493 Oberlin AveLorain, OH 44053

For Sale
$480,000

Banquet Hall & Retail, 7,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
92
Rosewood Place, located at 4493 Oberlin Ave in Lorain, Ohio 44053, presents a unique mixed-use investment opportunity. This 7,000 square foot property is currently configured as a banquet hall and retail space, offering significant potential for diverse income streams. The banquet hall boasts a full catering kitchen recently updated with new ovens, a dedicated bar area, and ample seating for approximately 280 guests. The retail space offers flexibility for a variety of tenants, complementing the banquet hall's operations or serving as an independent business. A large on-site parking lot ensures convenient access for patrons and employees. The property is offered at an asking price of $480,000. A detailed inventory list is available upon request. This property is ideally situated in Lorain County, Ohio, providing easy access to major transportation routes and a thriving local community. The combination of a well-established banquet hall and adaptable retail space makes Rosewood Place an attractive investment for both seasoned and emerging entrepreneurs seeking a profitable venture in a dynamic market. Serious inquiries are encouraged to explore this promising opportunity further.

Highlights

  • $480,000 asking price for this mixed-use property.
  • 7,000 square feet of space encompassing banquet hall and retail areas.
  • Located at 4493 Oberlin Ave, Lorain, OH 44053.
  • Approximately 280-person capacity.
  • Features a full catering kitchen with new ovens and a bar area.
  • Ample parking available.

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4291588
Longitude
-82.1841051
4493 Oberlin Ave, Lorain, Ohio

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4493 Oberlin Ave
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