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Eastern Ave - 30 fully platted lots (.25 acres +/- each)
13 Acres of Commercial Land Offered at $450,000 in Oberlin, OH 44074
Investment Highlights
- Mature Trees; Common areas
- Quiet streets; neighborhood design
Executive Summary
Property Facts
| Price | $450,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Planned Unit Development |
| No. Lots | 1 | Total Lot Size | 13.00 AC |
| Property Type | Land | Parcel Number | 09-00-074-900-001 |
| Price | $450,000 |
| 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 | $450,000 | Lot Size | 13.00 AC |
| Price Per AC | $34,615 |
| Price | $450,000 |
| Price Per AC | $34,615 |
| 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.
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Larry Funk - North Shore Properties
Presented by
North Shore Properties
Eastern Ave - 30 fully platted lots (.25 acres +/- each)
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