0 Crater Lake AveMedford, OR 97504

For Sale
$500,000

Prime Retail, High Traffic, Midway Mall Area

Overview

Added:
Dec 11, 2024
Days on market:
97
This Elyria shopping center offers two available retail spaces, totaling 3,570 square feet of vacant space within a 9,413 square foot building. The larger space measures 2,295 square feet, while the smaller space is 1,275 square feet. This property enjoys a highly visible location directly across from the Midway Mall redevelopment project, ensuring excellent exposure to a large customer base. Current tenants include established businesses such as AT&T, Hunan King, 1st Ohio Insurance, and R&K Nails, creating a strong and diverse tenant mix. The site benefits from exceptionally high traffic counts, averaging 19,031 vehicles per day, as reported by ODOT TIMS. The property is zoned B-G Business General District, providing flexibility for a variety of retail uses. The surrounding area boasts a robust retail environment, with major big-box retailers such as Target, Giant Eagle, The Home Depot, JoAnn Fabrics, Planet Fitness, and PetSmart located nearby. A significant population density further enhances the property's appeal, with 55,168 residents and 61,058 daytime workers within a three-mile radius, guaranteeing a substantial pool of potential customers. This is a rare opportunity to secure prime retail space in a thriving commercial area. The single building is located in Lorain County.

Highlights

  • 2,295 and 1,275 square feet of retail space available in Elyria, Ohio.
  • Excellent location across from Midway Mall redevelopment, with strong co-tenancy including AT&T, Hunan King, 1st Ohio Insurance, and R&K Nails.
  • High traffic counts of 19,031 vehicles per day (source: ODOT TIMS).
  • B-G Business General zoning.
  • Strong retail market with nearby Target, Giant Eagle, Home Depot, JoAnn Fabrics, Planet Fitness, and PetSmart.
  • Dense population: 55,168 residents and 61,058 daytime population within a 3-mile radius.

Property Details for 0 Crater Lake Ave

Property type
Other land, Other industrial properties
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Medford
County
Jackson
State
Oregon
Latitude
42.3724479
Longitude
-122.8555711
Crater Lake Ave, Medford, Oregon
Leaflet | © OpenStreetMap contributors

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0 Crater Lake Ave
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