Freestanding Retail Building on Liberty
For Sale
Contact for pricing
4580 Liberty Ave, Vermilion, OH 44089
Former Rite Aid on 1.64 acres in Vermilion, OH.
Property Size11,724 SF
Lot Size1.64 Acres
Price / SF$23.46
Days on Market111
Property Features for 4580 Liberty Ave
General Information
Standard status
Active
Size
11,724 SF
Lot size
1.64 Acres
Property subtype
Retail
Zoning
B-3 Highway Commercial
Building Details
Year Built
1997
Buildings
1
Stories
1
Listing Agency:
Hanna Commercial Real Estate Cleveland
(216) 861-5286
Listed By:
Vincenzo Calabrese · License #SAL.2020004495
Source:
Crexi
Added: May 12
Changed: Aug 8
Last Checked: Jul 21 at 9:20AM
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.
The former Rite Aid at 4580 Liberty Ave, Vermilion, OH 44089, presents an opportunity to acquire a freestanding 11,724 SF retail building on 1.64 acres. The property is located in a highly visible, signalized location along Liberty Avenue, which experiences approximately 14,588 vehicles per day. The site offers over 236 feet of frontage on Liberty Avenue and benefits from two full access points from Liberty Avenue and Salem Drive. This allows for convenient customer access and strong circulation throughout the site. The location is surrounded by national and regional retailers, restaurants, and service providers. The property is suitable for owner-users, investors, or redevelopment-focused buyers. The average household income exceeds $127,000 within a 5-mile radius. Nearby residential density, daytime population, and strong community spending power support a wide range of potential uses. The property is ideal for retail, medical, service, or adaptive reuse. It combines scale, access, visibility, and redevelopment potential in a desirable Lake Erie area market.
Key Highlights
- Freestanding 11,724 SF retail building on 1.64 acres.
- Highly visible, signalized location on Liberty Avenue.
- Traffic counts of approximately 14,588 vehicles per day.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
67k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Groceries 27%
Shops & Services 25%
Apparel 8%
Giant Eagle Supermarket
Groceries
18,382 visits/mo
0.3 miles
McDonald's
Dining
13,739 visits/mo
0.2 miles
Wendy's
Dining
9,511 visits/mo
0.4 miles
Speedway
Shops & Services
8,142 visits/mo
0.2 miles
Goodwill
Apparel
5,233 visits/mo
0.3 miles
Demographics for 44089, OH
15,899
Population
8,012
Households
2
Avg Household Size
50
Median Age
29%
College-Educated
93%
High-School Grad
34.6 sq mi
ZIP Area
460
Density / Sq Mi
$72,045
Median Household Income
$43,836
Median Earnings
$1,102
Median Rent
$197,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Giant Eagle Pharmacy — 4453 Liberty Ave, Vermilion, OH 44089
- Meagan Markovich — 4453 Liberty Ave, Vermilion, OH 440891907
- Rite Aid 04580 — 4580 liberty ave, vermilion, oh 44089
- Rite Aid Pharmacy — 4580 Liberty Ave, Vermilion, OH 44089
- Frank S. Bodnar, RPh — 4580 Liberty Ave, Vermilion, OH 44089
Frequently Asked Questions
What type of property is this?
Drug store - Former Rite Aid on 1.64 acres in Vermilion, OH.
Where is this drug store located?
The property is located at 4580 Liberty Ave Vermilion, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Freestanding 11,724 SF retail building on 1.64 acres.; Highly visible, signalized location on Liberty Avenue.; Traffic counts of approximately 14,588 vehicles per day.
