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Freestanding Former Drug Store Building
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2853 Grove Ave, Lorain, OH 44055

Freestanding former Rite Aid building on a high-traffic corner with 14,500+ VPD.

Space Size11,312 SF
Days on Market587

Property Features for 2853 Grove Ave

General Information

Standard status Active
Size 11,312 SF
Net Rentable 11,312 SF
Property subtype RETAIL

Space & Availability

Available Space 11,312 SF
Contiguous Space 11,312 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 11,312 SF

Spaces For Lease

at 2853 Grove Ave Contact us

2853 Grove Ave

Floor
Bldg
Size
11,312 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Freestanding 11,312 SF Former Rite Aid Building - Over 14,500 VPD at the corner...
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Listing Agency: Hanna Commercial Real Estate | Cleveland
Listed By: Vincenzo Calabrese · License #SAL.2020004495
Source: Moodyscre
Added: Dec 30, 2024 Changed: Aug 8 Last Checked: Aug 8 at 5:16AM

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 freestanding former Rite Aid building offers 11,312 SF of retail space for an operator or tenant seeking a standalone footprint. The site is located at the corner of Grove Ave and E 28th St and benefits from over 14,500 VPD at the intersection.

The surrounding trade area includes more than 17,000 people living within a 2-mile radius. For regional access, I-90 and I-80 are both less than 3 miles away, supporting convenient travel for customers and employees.

The property’s freestanding configuration can support a wide range of neighborhood retail uses where visibility and direct access to a major intersection are priorities.

Key Highlights

  • Freestanding former Rite Aid building totaling 11,312 SF
  • Over 14,500 VPD at Grove Ave and E 28th St
  • More than 17,000 people within a 2‑mile radius

Property Analytics

Current Use

Ashley J. Kenzik, ... Pharmacy Neil Messerly, RPH Pharmacy Rite Aid Pharmacy Rite Aid Photo (Bike/Boat/Book/etc) Store Western Union Bank

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center 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.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
9,901 visits/mo 0.2 miles
Sunoco Shops & Services
3,742 visits/mo 0.0 miles

Demographics for 44055, OH

19,331
Population
9,258
Households
2.1
Avg Household Size
36
Median Age
10%
College-Educated
82%
High-School Grad
6.3 sq mi
ZIP Area
3,068
Density / Sq Mi
$36,603
Median Household Income
$30,631
Median Earnings
$848
Median Rent
$95,700
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Rite Aid Pharmacy 2853 Grove Ave, Lorain, OH 44055
  • Ashley J. Kenzik, PharmD 2853 Grove Ave, Lorain, OH 44055, United States
  • Neil Messerly, RPH 2853 Grove Ave, Lorain, OH 44055

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding former Rite Aid building on a high-traffic corner with 14,500+ VPD.
Where is this drug store located?
The property is located at 2853 Grove Ave Lorain, OH.
What are key features of this property?
This property features: Freestanding former Rite Aid building totaling 11,312 SF; Over 14,500 VPD at Grove Ave and E 28th St; More than 17,000 people within a 2‑mile radius
(216) 861-5286 Call to check price and availability
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