Redevelopment Opportunity in Cleveland,
For Sale
Contact for pricing
7109 Harvard Ave, Cleveland, OH 44105
1.15-acre former Rite Aid available for sale or lease.
Property Size11,456 SF
Lot Size1.15 Acres
Days on Market204
Property Features for 7109 Harvard Ave
General Information
Standard status
Active
Size
11,456 SF
Lot size
1.15 Acres
Property subtype
Hospitality, Land, Retail
Zoning
LR-D1 (Local Retail Business)
Building Details
Year Built
1997
Buildings
1
Stories
1
Listing Agency:
REAT Commercial (Pads Real Estate LLC)
(216) 545-1004
Listed By:
Victor Kirallah · License #SAL.2019000850
Source:
Crexi
Added: Jan 29
Changed: Aug 12
Last Checked: Aug 20 at 6:14AM
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 REAT Commercial (Pads Real Estate LLC)
Investment Insights
Based on property information with market context.
Located at 7109 Harvard Ave in Cleveland, Ohio, this 1.15-acre site, formerly a Rite Aid, presents an opportunity for users or investors interested in a freestanding retail asset. The 11,456 SF building is situated on a signalized corner within a dense neighborhood retail corridor and is available for sale or lease. The location benefits from its proximity to Huntington Bank, Dave’s Market, Save-A-Lot, U.S. Bank, Little Caesars, Mr. Hero, Subway, and Roses. The zoning is LR-D1 (Local Retail Business), which supports a range of neighborhood-serving retail, service, medical, or adaptive reuse concepts. The property is located within an Opportunity Zone corridor, potentially providing tax advantages for qualifying investors. With over 82,000 residents within three miles and more than 35,000 daytime workers, the site is suitable for users seeking infill visibility and access, or for investors pursuing repositioning or long-term redevelopment strategies.
Key Highlights
- Freestanding 11,456 SF building on a 1.15‑acre signalized corner lot.
- Located in a dense retail corridor with strong surrounding retailers.
- High population density: Over 82,000 residents within a 3‑mile radius and 35,000+ daytime workers.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44105, OH
34,100
Population
17,528
Households
1.9
Avg Household Size
38
Median Age
11%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
3,831
Density / Sq Mi
$38,294
Median Household Income
$32,389
Median Earnings
$888
Median Rent
$56,400
Median Home Value
Market
Vacancy Rate% for Retail in Cleveland, OH
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Similar Off Market Nearby
- CVS Pharmacy — 6301 Harvard Ave, Cleveland, OH 44105
- Sanda Myint — 6301 Harvard Ave, Cleveland, OH 441054862
- Ahmed Babatunde — 7109 Harvard Ave, Cleveland, OH 44105
Frequently Asked Questions
What type of property is this?
Drug store - 1.15-acre former Rite Aid available for sale or lease.
Where is this drug store located?
The property is located at 7109 Harvard Ave Cleveland, OH.
What are key features of this property?
This property features: Freestanding 11,456 SF building on a 1.15‑acre signalized corner lot.; Located in a dense retail corridor with strong surrounding retailers.; High population density: Over 82,000 residents within a 3‑mile radius and 35,000+ daytime workers.
