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Retail Space Near High-Traffic Intersection
For Lease
$54,600

1220 S Shannon Street, Van Wert, OH 45891

B3-zoned retail space with flexible build-out support for a range of commercial concepts.

Space SizeContact for details
Days on Market54

Property Features for 1220 S Shannon Street

General Information

Standard status Active
Zoning B3

Taxes and HOA fees

Annual Taxes $2.00

Building Details

Year Built 1988
Stories 1
Listing Agency:
Listed By: Straley Realty & Auctioneers, Inc.
Source: Straleyrealty.idxbroker
Added: Jul 9 Changed: Aug 29 Last Checked: Aug 30 at 1:11PM

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 Straley Realty & Auctioneers, Inc.

Investment Insights

Based on property information with market context.

Retail space available for lease in a building constructed in 1988 and zoned B3. The landlord may assist with build-out, and lease terms can be negotiated based on the proposed use and space requirements.

The property is located at 1220 S Shannon Street in Van Wert, near the intersection of St Rt 118 and Ervin Rd. An ODOT traffic survey from 2012 recorded more than 10,000 vehicles daily through that intersection. Real estate taxes are allocated according to the percentage of occupied space.

Key Highlights

  • B3 zoning supports retail‑oriented commercial use
  • Landlord may assist with build‑out
  • Negotiable lease terms based on proposed use and space requirements

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Bakery Hair Salon Barber Shop 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
158k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Home Improvements & Furnishings 26% Shops & Services 9% Superstores 9%
Rural King Home Improvements & Furnishings
20,971 visits/mo 0.1 miles
McDonald's Dining
20,287 visits/mo 0.1 miles
Big Lots Superstores
13,756 visits/mo 0.2 miles
Taco Bell Dining
12,503 visits/mo 0.2 miles
Wendy's Dining
11,224 visits/mo 0.1 miles

Demographics for 45891, OH

15,633
Population
6,679
Households
2.3
Avg Household Size
42
Median Age
19%
College-Educated
93%
High-School Grad
134.3 sq mi
ZIP Area
116
Density / Sq Mi
$62,944
Median Household Income
$43,369
Median Earnings
$744
Median Rent
$143,100
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - B3-zoned retail space with flexible build-out support for a range of commercial concepts.
Where is this retail space located?
The property is located at 1220 S Shannon Street Van Wert, OH.
What is the lease rate?
The lease rate is $54,600.
What are key features of this property?
This property features: B3 zoning supports retail‑oriented commercial use; Landlord may assist with build‑out; Negotiable lease terms based on proposed use and space requirements
More about this property
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