Former Rite Aid Retail
For Sale
Contact for pricing
2853 Grove Ave, Lorain, OH
Freestanding 11,312 SF building, high traffic, strong sales history.
Property Size11,312 SF
Lot Size1.14 Acres
Price / SF$106.08
Days on Market797
Property Features for 2853 Grove Ave
General Information
Standard status
Active
Size
11,312 SF
Lot size
1.14 Acres
Property subtype
RETAIL
Properties For Sale
at 2853 Grove Ave
2853 Grove Ave
AVAILABLE, Now
Floor
Bldg
Size
11,312 SF
Type
RETAIL
Sublease
No
- Freestanding 11,312 SF Former Rite Aid Building
- Over 14,500 VPD at the corner of Grove Ave & E 28th St
- Over 17,000 people live in a 2 mile radius
- Less than 3 miles away from I-90 and I-80
- Rite Aid historically had very strong sales
Contact us
Listing Agency:
Hanna Commercial Real Estate | Cleveland
(216) 861-7200
Listed By:
Vincenzo Calabrese · License #SAL.2020004495
(216) 861-5286
Source:
Moodyscre
Added: Aug 22, 2024
Changed: Oct 25
Last Checked: Oct 26 at 8:11PM
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 Hanna Commercial Real Estate | Cleveland
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a freestanding 11,312 square foot building that was formerly a Rite Aid. The location benefits from high traffic volume, with over 14,500 vehicles per day at the corner of Grove Avenue and East 28th Street. The surrounding area has a residential population of over 17,000 people within a 2-mile radius. The property is located less than 3 miles from both Interstate 90 and Interstate 80. The previous tenant, Rite Aid, historically experienced strong sales at this location.
Key Highlights
- 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
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
9,901 visits/mo
0.2 miles
Sunoco
Shops & Services
3,742 visits/mo
0.0 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Rite Aid Pharmacy — 2853 Grove Ave, Lorain, OH 44055
- Neil Messerly, RPH — 2853 Grove Ave, Lorain, OH 44055
- Ashley J. Kenzik, PharmD — 2853 Grove Ave, Lorain, OH 44055, United States
Frequently Asked Questions
What type of property is this?
Drug store - Freestanding 11,312 SF building, high traffic, strong sales history.
Where is this drug store located?
The property is located at 2853 Grove Ave Lorain, OH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 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
