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Freestanding Retail Building
New
For Sale
$3,500,000

14941 South Avenue, Columbiana, OH 44408

SINGLE_FAMILY - Columbiana, OH

Property SizeContact for details
Lot Size1.57 Acres
Days on Market5

Property Features for 14941 South Avenue

General Information

Property type Residential
Property subtype Retail
Parking 64
Subdivision L J Harrold 01
Elementary school district Columbiana EVSD - 1502
Middle school district Columbiana EVSD - 1502
High school district Columbiana EVSD - 1502
Directions From State Route 11, take the State Route 14 (Columbiana) exit and travel west toward Columbiana. Continue approximately 1.5 miles to the signalized intersection of State Route 14 and South Avenue. The property is located on the southeast corner of the intersection at 14941 South Ave., Columbiana, OH, the former Rite Aid building.
Standard status Active
APN 54-120-0-007.00-0
Lot size 1.57 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 286.17 X 211.26 IRR RITE AID ALLOTMENT PLAT # 1
Tax Annual Amount 70928
Legal Description LOT 1 286.17 X 211.26 IRR RITE AID ALLOTMENT PLAT # 1

Utilities

Heating system Forced Air, Natural Gas
Cooling system Multi Units
Water source Public

Amenities

open floor plan
high ceilings

Building Details

Year built 2008
Listing Agency: Gonatas Real Estate LLC
Listed By: Dennis D Gonatas Sr. · License #2023000272
Added: Aug 4 Changed: Aug 6 Last Checked: Aug 8 at 11:06PM
MLS# 5234223

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding retail property comprises approximately 14,500 square feet on a 1.571-acre site. Built in 2008, the building offers an open interior configuration, high ceilings, multiple access points, and substantial on-site parking. Heating is provided by natural gas and forced air, with multi-unit cooling and public water service. The property was originally constructed for national pharmacy use and is identified as a former Rite Aid location.

The building occupies the signalized intersection of South Avenue and State Route 14 in Columbiana, Ohio, with prominent road frontage and access to State Route 11 within two miles. Surrounding businesses include Das Dutch Haus, Sparkle Market, national restaurants, and financial institutions, while residential development is also present nearby. The layout and existing improvements support retail, office, medical, restaurant, fitness, grocery, or redevelopment concepts when permitted by applicable approvals.

Key Highlights

  • Approximately 14,500 SF freestanding retail building on a 1.571‑acre site
  • Signalized intersection at South Avenue and State Route 14
  • Built in 2008 with an open floor plan and high ceilings

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Dental Office

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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby

Demographics for 44408, OH

10,526
Population
5,079
Households
2.1
Avg Household Size
48
Median Age
33%
College-Educated
95%
High-School Grad
35.6 sq mi
ZIP Area
296
Density / Sq Mi
$71,205
Median Household Income
$41,181
Median Earnings
$681
Median Rent
$197,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Open commercial layout with substantial parking, multiple entrances, and public water service at a signalized corner location.
Where is this retail space located?
The property is located at 14941 South Avenue Columbiana, OH.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Approximately 14,500 SF freestanding retail building on a 1.571‑acre site; Signalized intersection at South Avenue and State Route 14; Built in 2008 with an open floor plan and high ceilings
More about this property
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