This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Eastern Ave - 30 fully platted lots (.25 acres +/- each)

13 Acres of Commercial Land Offered at $632,880 CAD in Oberlin, OH 44074

Investment Highlights

  • Mature Trees; Common areas
  • Quiet streets; neighborhood design

Executive Summary

Prime investment opportunity in a thriving college town.

Property Facts

Price $632,880 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Planned Unit Development
Total Lot Size 13.00 AC
Parcel Number 09-00-074-900-001

1 Lot Available

Lot 30

Price $632,880 CAD
Price Per AC $48,683 CAD
Lot Size 13.00 AC

30 fully platted residential development lots. Each lot is .25 acres +/- Can also be replatted for another project use

Description

Fully platted, 13 acre, 30-lot subdivision in the college-town of Oberlin. This is the second phase of the Oberlin Commons Subdivision. Oberlin Commons, Phases I & II, were platted together. Phase I was built out by 2006. All utilities for the second phase are stubbed and available, including the storm water detention basin which has been dedicated to and maintained by the City of Oberlin. Phase II was put on hold during the economic downturn of 2008. Conditions are now favorable for moving forward, but my business has moved in another direction. Oberlin Commons is a residential neighborhood within walking distance of downtown Oberlin, the College, and its many amenities. Large mature trees were retained by creating common areas which include a central park with gazebo. An active homeowners association makes decisions regarding the common areas and their maintenance. There is an 8 acre contiguous parcel to the south with access to West Lorain Street that is not platted. It is available for purchase, too. This unique, ready-to-build development is being offered for $15,000 per lot for a total of $450,000. The second 8 acre parcel (raw land) is negotiable.

  • Listing ID: 17212945

  • Date on Market: 2019-09-16

  • Last Updated:

  • Address: Eastern Ave, Oberlin, OH 44074

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}