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Former ALDI Grocery Space
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430 Oberlin Rd, Elyria, OH 44035

Former freestanding ALDI building available July 2024 for grocery or convenience users.

Lot Size0.50 Acres
Days on Market1429

Property Features for 430 Oberlin Rd

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype LAND

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Gas Station
Listing Agency: Goodman Real Estate
Listed By: Alex Justice · License #SAL.2023006147
Source: Moodyscre
Added: Sep 1, 2022 Changed: Jul 30 Last Checked: Jul 30 at 9:44AM

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 Goodman Real Estate

Investment Insights

Based on property information with market context.

Former freestanding ALDI grocery building totaling 15,659 SF available July 2024. The site also includes a former gas station on an approximately 0.5 AC outlot, providing additional flexibility for compatible retail uses.

The property is positioned for access from State Route 20, with Lagrange Road/Oberlin-Elyria Road described as one of two exits off SR 20 (24,272 VPD in 2021). Oberlin Road carries over 10,000 vehicles passing the site daily, and the area is supported by a stated population of over 275,000 people within 10 miles. The opportunity includes the ability to join Rural King on an outlot or adjacent to a former grocery store.

Key Highlights

  • 15,659 SF former freestanding ALDI available July 2024
  • Former gas station on an approximately 0.5 AC outlot
  • Ability to join Rural King on an outlot or adjacent former grocery store

Property Analytics

Current Use

Rural King Tractors Agricultural Supply Rural King Big Box & Wholesale Store Rural King Guns Gun Shop

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 79% Shops & Services 21%
Rural King Home Improvements & Furnishings
25,525 visits/mo 0.4 miles
Dollar General Shops & Services
6,613 visits/mo 0.4 miles

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Former freestanding ALDI building available July 2024 for grocery or convenience users.
Where is this grocery and convenience store located?
The property is located at 430 Oberlin Rd Elyria, OH.
What are key features of this property?
This property features: 15,659 SF former freestanding ALDI available July 2024; Former gas station on an approximately 0.5 AC outlot; Ability to join Rural King on an outlot or adjacent former grocery store
(216) 342-9318 Call to check price and availability
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