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Retail Storefront with Parking
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16011 Hilliard Rd, Lakewood, OH 44107

Retail-zoned storefront with an existing parking lot and prior restaurant use.

Property Size2,000 SF
Lot Size0.36 Acres
Price / SF$500
Days on Market158

Property Features for 16011 Hilliard Rd

General Information

Standard status Active
Size 2,000 SF
Lot size 0.36 Acres
Property subtype Retail
Zoning Retail
Investment Type Owner/User

Additional Details

Frontage 72 ft

Building Details

Year Built 1947
Buildings 1
Stories 1
Listing Agency: Hanna Commercial Real Estate Cleveland
Listed By: Amanda Foradori · License #SAL.2025004473
Source: Crexi
Added: Mar 26 Changed: Aug 30 Last Checked: Aug 30 at 7:37AM

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 Hanna Commercial Real Estate Cleveland

Investment Insights

Based on property information with market context.

This retail storefront was built in 1947 and is situated on a 0.36-acre parcel with an existing parking lot. The property is zoned Retail and has previously operated as a restaurant, providing a commercial building format suited to continued retail or restaurant use, subject to applicable approvals.

Located at 16011 Hilliard Rd in Lakewood, Ohio, the property offers 72 feet of frontage along Hilliard Road. Its storefront configuration, retail zoning, and on-site parking define the principal physical features of the offering.

Key Highlights

  • Retail zoning supports the property’s commercial storefront use
  • 0.36‑acre parcel with an existing parking lot
  • 72 feet of frontage on Hilliard Road

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store Home Appliance Store Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,777
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44107, OH

51,109
Population
29,101
Households
1.8
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
9,465
Density / Sq Mi
$65,778
Median Household Income
$49,285
Median Earnings
$1,011
Median Rent
$241,400
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail-zoned storefront with an existing parking lot and prior restaurant use.
Where is this storefront property located?
The property is located at 16011 Hilliard Rd Lakewood, OH.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Retail zoning supports the property’s commercial storefront use; 0.36‑acre parcel with an existing parking lot; 72 feet of frontage on Hilliard Road
(216) 861-5490 Call to check price and availability
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