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Floral Retail Storefront
For Sale
Contact for pricing
Pending

420 N Ridge Rd, Lorain, OH 44053

Established floral business with inventory, equipment, and furnishings included.

Property SizeContact for details
Lot Size6.00 Acres
Days on Market142

Property Features for 420 N Ridge Rd

General Information

Standard status Pending
Lot size 6.00 Acres
Property subtype Retail

Additional Details

Business Included Yes

Amenities

pond

Building Details

Year Built 2014
Buildings 1
Tenancy Single
Listing Agency: Howard Hanna - Elyria
Listed By: Stacy Pandy · License #OH 2019004462
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:07AM

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 Howard Hanna - Elyria

Investment Insights

Based on property information with market context.

This retail property includes an operating floral and gift business, a building completed in 2014, and approximately 6 acres of land. The sale includes inventory, equipment, and furnishings, supporting continued retail and floral-service operations. The storefront presents fresh flowers and décor, while the property also features a pond and an area used for growing cutting flowers.

The business was established in 1991 and serves both walk-in retail customers and commercial and event-related clients. Existing business relationships include local companies, event planners, and wedding coordinators, with floral services provided for corporate events, galas, and weddings. The property is located at 420 N Ridge Rd in Lorain, Ohio, minutes from I-90.

Key Highlights

  • Approximately 6 acres of land included
  • Building completed in 2014
  • Floral and gift business established in 1991

Property Analytics

Current Use

Off Broadway Floral ... (Bike/Boat/Book/etc) Store

Suggested Use

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

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
15,358 visits/mo 0.2 miles
Dollar General Shops & Services
4,700 visits/mo 0.1 miles
Speedway Shops & Services
4,509 visits/mo 0.5 miles

Demographics for 44053, OH

20,735
Population
9,529
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
10.8 sq mi
ZIP Area
1,920
Density / Sq Mi
$65,332
Median Household Income
$43,654
Median Earnings
$827
Median Rent
$189,500
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

  • 1800 flowers 6000 S Broadway, Lorain, OH 44053

Frequently Asked Questions

What type of property is this?
Storefront property - Established floral business with inventory, equipment, and furnishings included.
Where is this storefront property located?
The property is located at 420 N Ridge Rd Lorain, OH.
What are key features of this property?
This property features: Approximately 6 acres of land included; Building completed in 2014; Floral and gift business established in 1991
More about this property
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