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Grocery Anchored Neighborhood Center
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22800 Lakeshore Blvd, Euclid, OH 44123

Neighborhood center with strong visibility in Euclid, Ohio.

Property Size86,760 SF
Price / SF$86.45
Days on Market148

Property Features for 22800 Lakeshore Blvd

General Information

Standard status Active
Size 86,760 SF
Property subtype Retail
Occupancy 79%
Net Operating Income $546,139

Building Details

Year Built 1952
Year Renovated 2013
Listing Agency: Anchor Retail
Listed By: Arthur Kaplan · License #OH SAL.2014001626
Source: Crexi
Added: Mar 24 Changed: Aug 17 Last Checked: Aug 16 at 12:58PM

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 Anchor Retail

Investment Insights

Based on property information with market context.

Lakeshore Plaza is a grocery-anchored neighborhood center located at the signalized intersection of Lakeshore Boulevard and East 228th Street in Euclid, Ohio. The property features an attractive facade, generous parking, and multiple access points. Anchored by Marc’s, Chase Bank, Metro by T-Mobile, and Marco’s Pizza, the center benefits from durable traffic and diversified tenancy. Positioned within a dense residential trade area and near major employment drivers including the new Amazon Fulfillment Center, Lakeshore Plaza is poised to capture ongoing growth in both household and daytime populations. The asset further benefits from significant public and private investment in Euclid’s lakefront, including new trails and connectivity enhancements between Downtown Euclid, Sims Park, and the Lake Erie waterfront, strengthening long-term demand for well-located retail at this corridor. The property size is 86760 square feet.

Key Highlights

  • Grocery‑anchored neighborhood center with high‑performing Marc's.
  • Strong visibility at a signalized intersection (Lakeshore Boulevard and East 228th Street).
  • Located in a dense residential area near major employment drivers, including an Amazon Fulfillment Center.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom Electrical 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.

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44123, OH

17,620
Population
9,176
Households
1.9
Avg Household Size
39
Median Age
23%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
7,048
Density / Sq Mi
$54,979
Median Household Income
$39,047
Median Earnings
$1,036
Median Rent
$103,400
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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Similar Off Market Nearby

  • Shore Center Plaza Euclid Euclid, OH 44123
  • Vendor Exhibitors Mall 291 E 222nd St Room 33, Euclid, OH 44123
  • Lakeshore Plaza Euclid, OH 44123

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood center with strong visibility in Euclid, Ohio.
Where is this shopping center located?
The property is located at 22800 Lakeshore Blvd Euclid, OH.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Grocery‑anchored neighborhood center with high‑performing Marc's.; Strong visibility at a signalized intersection (Lakeshore Boulevard and East 228th Street).; Located in a dense residential area near major employment drivers, including an Amazon Fulfillment Center.
More about this property
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