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Retail Storefront Near Major Anchors
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542 Griswold Road, Elyria, OH 44035

Retail space offers full access and 7,740 SF with frontage near a high-traffic intersection on Route 57 and Griswold Road.

Space Size7,740 SF
Days on Market110

Property Features for 542 Griswold Road

General Information

Standard status Active
Size 7,740 SF
Property subtype Retail, Office

Additional Details

Road Access Yes

Building Details

Tenancy Multiple

Spaces For Lease

at 542 Griswold Road Contact us

Space 1

Size
7,740 SF
Availability
Active
Contact us
Listing Agency: Goodman Real Estate Services Group LLC
Listed By: Tristan Palmieri · License #SAL.2021000403
Source: Crexi
Added: May 21 Changed: Sep 6 Last Checked: Sep 7 at 11:00AM

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 Goodman Real Estate Services Group LLC

Investment Insights

Based on property information with market context.

Available retail space totaling 7,740 SF with full access from Griswold Road. The site is positioned for strong visibility along State Route 57 (Lorain Boulevard) with 43,362 VPD and along Griswold Road with 8,087 VPD.

The property joins a lineup of established retailers and restaurants including Lowe’s, Marc’s, Red Lobster, Wendy’s, Jimmy John’s, Biggby Coffee, Bob Evans, and Denny’s. It is also surrounded by an active hotel and motel cluster with Holiday Inn Express, Quality Inn, Best Western, Sycamore Suites, Knights Inn, and Camelot Inn, supporting consistent day-to-day traffic in the area.

For tenants seeking a straightforward storefront layout with direct access from Griswold Road, this location offers proximity to major national brands and hospitality-driven activity.

Key Highlights

  • 7,740 SF retail space with full access from Griswold Road
  • Frontage near high‑traffic intersection with 43,362 VPD on State Route 57 (Lorain Boulevard)
  • Intersection also has 8,087 VPD on Griswold Road

Property Analytics

Current Use

Price Drop Discount Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Electrical Service Spa & Massage Center Auto Parts Store

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
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby
307k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 32% Home Improvements & Furnishings 8% Groceries 7%
GetGo Gas Station Shops & Services
40,025 visits/mo 0.0 miles
Marc's Groceries
22,641 visits/mo 0.2 miles
McDonald's Dining
22,335 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
21,701 visits/mo 0.2 miles
Olive Garden Dining
17,334 visits/mo 0.4 miles

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
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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Frequently Asked Questions

What type of property is this?
Retail space - Retail space offers full access and 7,740 SF with frontage near a high-traffic intersection on Route 57 and Griswold Road.
Where is this retail space located?
The property is located at 542 Griswold Road Elyria, OH.
What are key features of this property?
This property features: 7,740 SF retail space with full access from Griswold Road; Frontage near high‑traffic intersection with 43,362 VPD on State Route 57 (Lorain Boulevard); Intersection also has 8,087 VPD on Griswold Road
(216) 381-8200 Call to check price and availability
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