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Mixed-Use Retail and Weekly Rental
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Contact for pricing
Pending

123 W 2nd St, Lakeside-Marblehead, OH 43440

Operating retail store with second-floor weekly rental income on two oversized lots with ample parking.

Property SizeContact for details
Days on Market149

Property Features for 123 W 2nd St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Listing Agency: Street Sotheby's International Realty Upper Arlington
Listed By: Ross Lauria · License #Ohio 2015004612
Source: Crexi
Added: Apr 12 Changed: Aug 14 Last Checked: Sep 7 at 6:50AM

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 Street Sotheby's International Realty Upper Arlington

Investment Insights

Based on property information with market context.

This well-known commercial property is located in the heart of Lakeside’s business district and is set on two oversized lots. The ground floor is currently operating as a retail store selling a variety of gifts, keepsakes, clothing, and home decor, while the second floor is used for weekly rental income.

The property offers ample parking for customers and visitors. A new business plan and certain changes would be subject to the rules and regulations of the Lakeside Association, including seasonal gate fees and required submission of plans for approval. Conversion to multi-family/residential may be possible subject to zoning. Quarterly Lakeside Association fees are $248.76 and quarterly trash fees are $70.88.

Overall, the configuration supports ongoing retail operations alongside second-floor weekly rentals under association requirements.

Key Highlights

  • Operating retail store selling gifts, keepsakes, clothing, and home decor
  • Second‑floor weekly rental income as part of the current operation
  • Two oversized lots in Lakeside’s business district

Property Analytics

Current Use

Marilyn's Two (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon Big Box & Wholesale Store Auto Repair Shop (Bike/Boat/Book/etc) Store Storage Facility Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby

Demographics for 43440, OH

4,665
Population
6,605
Households
0.7
Avg Household Size
59
Median Age
44%
College-Educated
94%
High-School Grad
15.9 sq mi
ZIP Area
293
Density / Sq Mi
$76,627
Median Household Income
$40,762
Median Earnings
$863
Median Rent
$274,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Operating retail store with second-floor weekly rental income on two oversized lots with ample parking.
Where is this retail space located?
The property is located at 123 W 2nd St Lakeside-Marblehead, OH.
What are key features of this property?
This property features: Operating retail store selling gifts, keepsakes, clothing, and home decor; Second‑floor weekly rental income as part of the current operation; Two oversized lots in Lakeside’s business district
More about this property
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