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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    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.

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    Freestanding CVS Pharmacy with Drive-Through
    Freestanding CVS Pharmacy with Drive-Through

    235 E. Cuyahoga Falls Avenue, Akron, OH 44310

    Contact for pricing
    10,125 sqft 1.17 AC lot

    Freestanding prototypical masonry CVS pharmacy built in 1999 includes a drive-through and is leased to CVS with remaining base term.

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    Anchored Retail Strip Center
    Anchored Retail Strip Center

    699-711 S Canton Road, Akron, OH 44312

    $2,590,620

    Strip retail investment anchored by Discount Drug Mart with 9 years remaining on its term.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Lot in Garrettsville Village
    Cleared Lot in Garrettsville Village

    10937 Fox Den Circle, Garrettsville, OH 44231

    $59,000
    0.25 AC lot

    Ready-to-build 0.25 acre lot with utilities in Garrettsville, OH.

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    B-3 Zoned Commercial Land Parcel
    B-3 Zoned Commercial Land Parcel

    University Boulevard, Anderson, IN 46012

    $812,000
    8.12 AC lot

    8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

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    Land Parcel with Road Frontage
    Land Parcel with Road Frontage

    1257 E Sherman Boulevard, Norton Shores, MI 49444

    $185,000
    0.23 AC lot

    Vacant land offering 218 feet of road frontage, with an additional parcel that includes a two-bedroom home.

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    Georgetown Land For Sale
    Georgetown Land For Sale

    1 Mallard Point Drive, Georgetown, KY 40324

    $274,995
    10.40 AC lot

    10.403 +/- acre commercial land with B1 zoning.

    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

    Shopping centers 14
    Storefront properties 8
    Grocery and convenience stores 4
    Auto shops 2
    Automotive properties 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)

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