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Renovated Diner Restaurant Building
For Sale
$249,000

720 Medina Street Medina, Lodi, OH 44254

Renovated diner with wide-open floor plan and a shed on-site, offered with Commercial zoning.

Property Size2,337 SF
Lot Size0.75 Acres
Price / SF$106.55
Days on Market62

Property Features for 720 Medina Street Medina

General Information

Standard status Active
Size 2,337 SF
Lot size 0.75 Acres

Site & Location

Traffic Count 10,000 vehicles/day
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $1,255

Amenities

0.75
Assessor

Building Details

Year Built 1940
Listed By: Jennifer Pettit
Source: Akroncantonhomesonline
Added: Jul 8 Changed: Sep 4 Last Checked: Sep 7 at 4:58AM

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 Jennifer Pettit

Investment Insights

Based on property information with market context.

This property is a zoned commercial diner building that began renovations around 2019, including a complete gut scope with new framing and trusses, a new roof, new white vertical siding, and new black vinyl windows. The interior features a wide open floor plan designed to support a range of tenant and organizational uses. The property includes a shed built in 1980 that could be finished for additional space or used for storage.

The site sits on approximately 0.75 acres with room to develop a larger parking lot right off Rt 224 and 42. It is also noted to be close to I-71, and the surrounding area is described as benefiting from substantial parking, traffic, and accessibility. Nearby traffic counts are provided as 3,000–10,000 cars per day.

The building is listed as 2,337 total square feet and is presented as renovation-in-progress to allow a buyer to finish the space for their specific needs.

Key Highlights

  • Zoned Commercial; formerly a longtime community staple diner
  • Renovations began around 2019 with a complete gut job, including new framing and trusses
  • New roof, new white vertical siding, and new black vinyl windows

Property Analytics

Current Use

Breakfast & diners

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Building Supply Spa & Massage Center

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

10,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
3,468 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
1,394 visits/mo 0.0 miles

Demographics for 44254, OH

4,784
Population
2,174
Households
2.2
Avg Household Size
46
Median Age
11%
College-Educated
89%
High-School Grad
26.0 sq mi
ZIP Area
184
Density / Sq Mi
$64,511
Median Household Income
$38,120
Median Earnings
$818
Median Rent
$185,700
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?
Breakfast & diner - Renovated diner with wide-open floor plan and a shed on-site, offered with Commercial zoning.
Where is this breakfast & diner located?
The property is located at 720 Medina Street Medina Lodi, OH.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Zoned Commercial; formerly a longtime community staple diner; Renovations began around 2019 with a complete gut job, including new framing and trusses; New roof, new white vertical siding, and new black vinyl windows
More about this property
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