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Freestanding Brick Retail Plaza
For Sale
Contact for pricing
Pending

614 Prospect St, Elyria, OH 44035

Fully occupied by three commercial tenants, including a convenience store, bakery, and church.

Property SizeContact for details
Days on Market45

Property Features for 614 Prospect St

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Additional Details

Gross Income $37,800
Highway Access Yes

Amenities

on-site parking

Building Details

Construction brick
Tenancy Multi
Listing Agency: Gentile Real Estate LLC
Listed By: Vince Senauskas · License #OH 2018000713
Source: Crexi
Added: Jul 18 Changed: Aug 31 Last Checked: Apr 12 at 11:56AM

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 Gentile Real Estate LLC

Investment Insights

Based on property information with market context.

This 4,608-square-foot freestanding brick retail property is configured as a small multi-tenant plaza with three occupied spaces. Current occupants include a convenience store, bakery, and church, providing a varied tenant mix within one commercial building.

The property fronts Prospect Street, a primary thoroughfare in Elyria, and includes on-site parking for customers and employees. Its setting combines nearby residential neighborhoods with retail and service businesses, while major highways and downtown Elyria are minutes away. The central location supports convenient access for both tenants and visitors.

Key Highlights

  • 4,608‑square‑foot freestanding brick retail property
  • Three occupied tenants: convenience store, bakery, and church
  • Frontage on Prospect Street, one of Elyria’s main thoroughfares

Property Analytics

Current Use

Jeanie's Party Cakes ... Wedding Service

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Skin Care Clinic Spa & Massage Center Carpet & Flooring 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
4,759 visits/mo 0.3 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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied by three commercial tenants, including a convenience store, bakery, and church.
Where is this shopping center located?
The property is located at 614 Prospect St Elyria, OH.
What are key features of this property?
This property features: 4,608‑square‑foot freestanding brick retail property; Three occupied tenants: convenience store, bakery, and church; Frontage on Prospect Street, one of Elyria’s main thoroughfares
More about this property
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