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    Lorain, OH
    Drug Store

    Lorain, OH Drug Stores for Sale

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    Former Rite Aid Retail Building
    Updated: Aug 22, 2024
    Former Rite Aid Retail Building

    2853 Grove Ave, Lorain, OH

    Contact for pricing
    11,312 sqft 1.14 AC lot
    Freestanding 11,312 SF Former Rite Aid Building
    Over 14,500 VPD at the corner of Grove Ave & E 28th St
    Less than 3 miles away from I‑90 and I‑80
    Over 17,000 people live in a 2 mile radius
    Rite Aid historically had very strong sales
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    See hot listings in Lorain

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Drive-Through Drug Store
    Drive-Through Drug Store

    1763 E Main St, Kent, OH 44240

    Contact for pricing
    23,962 sqft

    The former pharmacy space can be configured as two suites and includes a drive-through lane.

    View details
    Redevelopment Opportunity in Cleveland, Ohio
    Redevelopment Opportunity in Cleveland, Ohio

    7109 Harvard Ave, Cleveland, OH 44105

    Contact for pricing
    11,456 sqft 1.15 AC lot

    1.15-acre former Rite Aid available for sale or lease.

    View details
    Retail Building in Cleveland Area
    Retail Building in Cleveland Area

    3171 W Blvd, Cleveland, OH

    Contact for pricing
    11,625 sqft 1.79 AC lot

    11,625 SF retail building in a vibrant Cleveland location.

    View details
    Walgreens Pharmacy Investment Opportunity
    Walgreens Pharmacy Investment Opportunity

    320 S Water St, Kent, OH 44240

    Contact for pricing
    15,120 sqft

    Freestanding retail store leased to Walgreens in Kent, Ohio.

    View details

    Lorain, OH Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Lorain, OH on our real estate platform. These investment opportunities span a total of 11,312 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 17
    Shopping centers 10
    Showrooms 3
    Banks 2
    Drug stores 2

    Demographics Overview

    Population 82K
    Population Growth (5Y) +2.8%
    Median Household Income $51,688
    College Educated 22.5%

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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