Mixed-Use Development
For Sale
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1066 Lost Nation Rd, Willoughby, OH 44094
Corner lot suitable for mixed-use development with commercial and residential.
Property Size52,272 SF
Days on Market1175
Property Features for 1066 Lost Nation Rd
General Information
Standard status
Active
Size
52,272 SF
Property subtype
Mixed Use, Office, Retail
Zoning
Mixed Use
Building Details
Units
24
Listing Agency:
Coldwell Banker Commercial Schmidt Realty Geneva
Listed By:
Robin Brower · License #OH2015004732
Source:
Crexi
Added: Jun 15, 2023
Changed: Aug 13
Last Checked: Aug 29 at 1:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Schmidt Realty Geneva
Investment Insights
Based on property information with market context.
This property presents an opportunity for mixed-use development, blending residential and commercial real estate. According to preliminary discussions with the City, a plan has been considered for street-level commercial spaces with residential rental units on the upper floors. The assembled properties are located at the corner of Lost Nation Road and Lake Shore Boulevard. The entire complex, encompassing 52272 square feet, is available for purchase, or a ground lease may be executed for the area beyond the historical building and parking. The location may be suitable for a proficient management service company or developer to address the diverse needs of the entire community, potentially leading to higher quality tenants, shorter vacancy cycles, better processes, and improved support.
Key Highlights
- Opportunity for mixed‑use development (residential and commercial).
- Assembled properties at the corner of Lost Nation and Lake Shore Blvd.
- Preliminary mixed‑use plan discussed with the City.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 44094, OH
37,634
Population
18,323
Households
2.1
Avg Household Size
46
Median Age
39%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
948
Density / Sq Mi
$76,125
Median Household Income
$49,393
Median Earnings
$1,155
Median Rent
$247,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner lot suitable for mixed-use development with commercial and residential.
Where is this mixed-use property located?
The property is located at 1066 Lost Nation Rd Willoughby, OH.
What are key features of this property?
This property features: Opportunity for mixed‑use development (residential and commercial).; Assembled properties at the corner of Lost Nation and Lake Shore Blvd.; Preliminary mixed‑use plan discussed with the City.
