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Vermilion Land Development Opportunity
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4545 Liberty Ave, Vermilion, OH 44089

7.52 acres with buildings, development potential near Lake Erie.

Property Size15,160 SF
Lot Size7.52 Acres
Price / SF$118.07
Days on Market964

Property Features for 4545 Liberty Ave

General Information

Standard status Active
Size 15,160 SF
Lot size 7.52 Acres
Property subtype Land
Zoning Commercial
Listing Agency: CBRE - Cleveland
Listed By: Mike Petrigan · License #OH SAL.0000435412
Source: Crexi
Added: Jan 9, 2024 Changed: Aug 27 Last Checked: Aug 29 at 11:09AM

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 CBRE - Cleveland

Investment Insights

Based on property information with market context.

This property presents a development opportunity on 7.52 acres of land in Vermilion, near Lake Erie. The location offers excellent visibility on Liberty Avenue, with a traffic count of 14,214 vehicles per day. The property includes two buildings. The front building has 15,160 square feet and features a 1,220-square-foot showroom, a 1,610-square-foot office and customer lounge area with four offices, and an 8,330-square-foot service center equipped with three lifts, bathrooms, radiant tube heat, and three overhead doors with 14-foot clear heights. Additionally, there is a 4,000-square-foot parts department with two overhead doors. The back building provides 11,200 square feet of space with radiant tube heat and clear heights ranging from 14 to 16 feet. It includes one 7,000 lb lift, two 12’ x 14’ overhead doors, three compressors (Ingersoll-Rand, Cambell Hausfold & Devair), and two paint booths (Blowthern & Sima). The property can be purchased for its current buildings or for its land as a development opportunity. Vermilion is a pro-development community.

Key Highlights

  • 7.52 Acres of Land suitable for development near Lake Erie
  • Excellent visibility on Liberty Ave with high traffic volume (14,214 VPD)
  • Front Building: 15,160 SF with showroom, office/customer lounge, and service center equipped with lifts and overhead doors

Property Analytics

Current Use

Firelands Chevrolet of Vermilion ... Auto Repair Shop Firelands Collision Center ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

262
Businesses Nearby

Demographics for 44089, OH

15,899
Population
8,012
Households
2
Avg Household Size
50
Median Age
29%
College-Educated
93%
High-School Grad
34.6 sq mi
ZIP Area
460
Density / Sq Mi
$72,045
Median Household Income
$43,836
Median Earnings
$1,102
Median Rent
$197,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 7.52 acres with buildings, development potential near Lake Erie.
Where is this commercial land located?
The property is located at 4545 Liberty Ave Vermilion, OH.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: 7.52 Acres of Land suitable for development near Lake Erie; Excellent visibility on Liberty Ave with high traffic volume (14,214 VPD); Front Building: 15,160 SF with showroom, office/customer lounge, and service center equipped with lifts and overhead doors
(216) 363-6435 Call to check price and availability
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