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    113 E Herrick Ave Wellington, OH 44090

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    For Lease
    $12 SF/Yr ($2,000 /Mo)

    2,000+ SF renovated space in vibrant downtown Wellington.

    Property size:
    2,000 SF
    Lot size:
    0.05 Acres

    Property Features for 113 E Herrick Ave

    General Information

    Size
    2,000 SF
    Lot size
    0.05 Acres

    Source: Hoff & Leigh Agent Cole Kroneker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Open Floor Creative Space

    This 2,000+ SF second-story open floor is available for build-to-suit customization, suitable for offices, a studio, or a creative space. The space features excellent natural light from large south-facing windows, high ceilings, and a clean footprint. It is undergoing a total renovation into a first-class space with all new finishes within a historic building. Located in vibrant downtown Wellington, the property is near coffee shops, restaurants, and the town square. It offers street and rear parking access for employees and visitors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Creative space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wellington
    County
    Lorain
    State
    Ohio
    Longitude
    -82.215932
    Latitude
    41.168945

    FAQs

    What type of property is this?
    Creative space - 2,000+ SF renovated space in vibrant downtown Wellington.
    Where is this creative space located?
    The property is located at 113 E Herrick Ave Wellington, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - 2,000+ SF open floor plan ready to be built to suit.; - Located in vibrant downtown Wellington, steps from amenities.; - Total renovation with all new finishes in a historic building.
    (216) 302-4338
    Request Owner's contact information
    113 E Herrick Ave Wellington, OH 44090
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    113 E Herrick Ave
    Wellington, OH 44090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 E Herrick Ave Wellington, OH 44090
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