Sheffield Lk, OH Commercial Real Estate for Sale

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Elyria, OH Avon, OH Amherst, OH Sheffield Lake, OH Birmingham, OH Sheffield, OH Oberlin, OH Avon Lake, OH
6-Unit Retail Strip Center
Updated: Oct 7
6-Unit Retail Strip Center

5380 E Lake Road, Sheffield, OH 44054

$499,000
0.50 AC lot
Six retail units, with five occupied and one available
0.4959‑acre site
Built in 1956
Modified gross leases
Natural gas heating, flat roof, public sewer, and parking lot
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Six-Unit Neighborhood Strip Mall
Updated: Oct 7
Six-Unit Neighborhood Strip Mall

5380 E Lake Road, Sheffield, OH 44054

$499,000
6,812 sqft 0.50 AC lot
6,812 square feet of retail space across six units
Approximately 0.50 acres
Five of six retail units occupied
Estimated 8.4% cap rate based on the current rent roll and 2025 operating expenses provided by the owner
Built in 1956
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Retail Space
Retail Space

5223 Detroit Road, Sheffield, OH 44054

Contact for pricing
5,893 sqft

The space was previously used as a restaurant.

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3 active listings match your search: For sale in Sheffield Lk, OH. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Property with Expansion Parcels
Restaurant Property with Expansion Parcels

5348 E Lake Rd, Sheffield Lake, OH 44054

$650,000
Business included  8,508 sqft  Built 1996

Existing bar and grill operation is included with the real estate and five-parcel assemblage.

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Six-Unit Neighborhood Strip Mall
Six-Unit Neighborhood Strip Mall

5380 E Lake Road, Sheffield, OH 44054

$499,000
Multi-tenant  6,812 sqft  Built 1956  0.5 acres
8.4% cap rate / $66,480 gross income

Five retail spaces are occupied, with one space available for lease.

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Retail Space
Retail Space

5223 Detroit Road, Sheffield, OH 44054

Contact for pricing
5,893 sqft

The space was previously used as a restaurant.

View details
Office Space for Lease
Office Space for Lease

4259 Lake Road, Sheffield Lake, OH 44054

$925,000

Office space available for rent in Sheffield Lake, OH.

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Sheffield Lk, OH Commercial Real Estate Market Trends and Statistics

Explore 3 commercial real estate for sale in Sheffield Lk, OH, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,705 square feet of properties for sale, with an estimated market value of $998,000.

Sale prices for business properties in Sheffield Lk, OH average $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K
Population Growth (5Y) +1.0%
Median Household Income $73,151
College Educated 33.5%

Listings Trend

New vs delisted commercial listings in Lorain County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Lorain County

Residential Income

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