Multi-Tenant Retail
For Sale
Contact for pricing
138 Lear Rd, Avon Lake, OH 44012
Two adjacent buildings house four occupied restaurant, personal-service, and convenience-oriented retail businesses.
Property Size8,587 SF
Price / SF$85.46
Days on Market53
Property Features for 138 Lear Rd
General Information
Standard status
Active
Size
8,587 SF
Property subtype
Retail
Occupancy
100%
Net Operating Income
$73,400
Additional Details
Gross Income
$109,224
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Goodman Real Estate Services Group LLC
Listed By:
Shaun Brady · License #OH SAL.2010003126
(440) 567-8768
Source:
Crexi
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 24 at 6:10PM
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 Services Group LLC
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Investment Insights
Based on property information with market context.
This offering includes two adjoining retail buildings with approximately 8,587 square feet of combined space. The properties contain four operating tenants: Fratello's Italian Restaurant, a body art and piercing studio, a coin laundry, and an artisan sandwich shop. Together, the businesses represent a mix of dining, personal service, and convenience-oriented retail uses.
The buildings are positioned at the commercial intersection of Lear Road and Electric Boulevard in Avon Lake, Ohio. The address is 138 Lear Rd, Avon Lake, OH 44012. The site is located within an established retail corridor and provides access and visibility from the surrounding commercial area. Avon Lake is in Lorain County on Lake Erie and forms part of the Cleveland Westshore suburban market.
The buildings are positioned at the commercial intersection of Lear Road and Electric Boulevard in Avon Lake, Ohio. The address is 138 Lear Rd, Avon Lake, OH 44012. The site is located within an established retail corridor and provides access and visibility from the surrounding commercial area. Avon Lake is in Lorain County on Lake Erie and forms part of the Cleveland Westshore suburban market.
Key Highlights
- Two adjacent multi‑tenant retail buildings totaling approximately 8,587 square feet
- 100% occupied by four operating tenants
- Tenant mix includes an Italian restaurant, body art and piercing studio, coin laundry, and artisan sandwich shop
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 44012, OH
25,206
Population
10,884
Households
2.3
Avg Household Size
45
Median Age
54%
College-Educated
98%
High-School Grad
11.1 sq mi
ZIP Area
2,271
Density / Sq Mi
$110,174
Median Household Income
$63,289
Median Earnings
$1,500
Median Rent
$337,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Strip mall - Two adjacent buildings house four occupied restaurant, personal-service, and convenience-oriented retail businesses.
Where is this strip mall located?
The property is located at 138 Lear Rd Avon Lake, OH.
What is the asking price?
The asking price for this property is $733,870.
What are key features of this property?
This property features: Two adjacent multi‑tenant retail buildings totaling approximately 8,587 square feet; 100% occupied by four operating tenants; Tenant mix includes an Italian restaurant, body art and piercing studio, coin laundry, and artisan sandwich shop
