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New Flex-Retail Building with Drive-In Door
For Sale
$82,500,029

402 S Elmwood Ave, Medina, OH 44256

New 2,622 SF C-2 zoned flex/retail building with a glass drive-in door and second-floor loft area.

Property Size2,622 SF
Price / SF$31,464
Days on Market278

Property Features for 402 S Elmwood Ave

General Information

Standard status Active
Size 2,622 SF
Property subtype Retail
Zoning C-2

Building Details

Building Size 2,622 SF
Listing Agency: Hoff & Leigh
Listed By: Teigan Cook · License #OH2023005884
Source: Hoffleigh
Added: Dec 11, 2025 Changed: Sep 6 Last Checked: Sep 15 at 4:04AM

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 Hoff & Leigh

Investment Insights

Based on property information with market context.

402 S Elmwood Ave is a newly constructed flex/retail building with 2,622 SF of open, adaptable space. The layout is designed for straightforward tenant customization and includes two restrooms for convenience.

The property is zoned C-2 and supports a broad range of commercial uses, including retail, restaurant, office, studio, and service business. Building features include a 20' ceiling height, a 12'W x 14'H glass drive-in door, and a second-floor loft area that can serve as a private office, breakroom, or storage. A clean, open layout can help accommodate a variety of operating styles.

An existing tax abatement is in place, which may be a consideration for both owner-users and investors evaluating the property for long-term occupancy or ownership.

Key Highlights

  • Newly constructed 2,622 SF flex/retail building
  • Zoned C‑2 for retail, restaurant, office, studio, and service business
  • 20' ceiling height

Property Analytics

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Current Use

South Town Creative ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Nail Salon Hair Salon Electrical Service HVAC Service Accounting Firm

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

1,158
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44256, OH

64,815
Population
26,740
Households
2.4
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
130.8 sq mi
ZIP Area
496
Density / Sq Mi
$100,345
Median Household Income
$55,180
Median Earnings
$1,120
Median Rent
$292,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • The Red Hare Personal Chef and Catering 810 Ridgeview Dr, Medina, OH 44256
  • Courthouse Pizzeria Food Trailer 5 public square, medina, oh 44256
  • JT’s Barbecue Catering and Food Truck Medina, OH 44256

Frequently Asked Questions

What type of property is this?
Flex space - New 2,622 SF C-2 zoned flex/retail building with a glass drive-in door and second-floor loft area.
Where is this flex space located?
The property is located at 402 S Elmwood Ave Medina, OH.
What is the asking price?
The asking price for this property is $82,500,029.
What are key features of this property?
This property features: Newly constructed 2,622 SF flex/retail building; Zoned C‑2 for retail, restaurant, office, studio, and service business; 20' ceiling height
More about this property
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