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    320 Court St Medina, OH 44256

    Sponsored
    For Lease
    $22 SF/Yr

    Medina County storefront, 3,300 SF available.

    Lot size:
    34,767 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This prime Medina County retail space, located in the historic Farmers Exchange building, offers exceptional opportunities for businesses seeking a unique and vibrant location. The property, totaling 34,767 square feet, is undergoing a significant renovation, blending modern amenities with historic charm. Currently, 3,300 square feet of retail space is immediately available, divisible into units as small as 800 square feet and up to a contiguous 2,500 square feet. The building features a passenger elevator and ample parking on a 0.67-acre lot. This Class A property underwent a complete renovation in 2019. The ground floor, offering 8,240 square feet, is adaptable to various configurations and will be delivered as a "white box" space, ready for tenant build-out. This development is the first in Medina County to receive both State and Federal tax credits, reflecting its significance and potential. The upper floors are being converted into residential apartments, creating a thriving mixed-use environment. This location offers a unique blend of history and modern convenience, perfect for businesses seeking a high-profile presence in a revitalized community. The space is ideal for a variety of retail uses.

    Property Features for 320 Court St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,767 SF
    Class
    A
    Total Rate
    65188.13

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    East Retail Side - Unit C
    Size
    2,500 SF
    Rate per SF
    $22
    Space
    South East Corner- Unit D
    Size
    800 SF
    Rate per SF
    $22

    HighLights

    • Class A, 34,767 SF retail storefront in Medina County.
    • Multiple tenancy available, with 3,300 SF currently vacant.
    • Spaces range from 800 SF to 2,500 SF contiguous.
    • 0.67‑acre lot.
    • Building renovated in 2019; features one passenger elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Superb Insurance Medina Insurance Agency Keller Market and Cafe ... Butcher Shop Market Place + Cafe Market Pierogies of Cleveland - at The Farmers ... Market

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medina
    County
    Medina
    State
    Ohio
    Longitude
    -81.8637972
    Latitude
    41.1353767

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    FAQs

    What type of property is this?
    Individual retail property - Medina County storefront, 3,300 SF available.
    Where is this individual retail property located?
    The property is located at 320 Court St Medina, OH.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Class A, 34,767 SF retail storefront in Medina County.; Multiple tenancy available, with 3,300 SF currently vacant.; Spaces range from 800 SF to 2,500 SF contiguous.
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    320 Court St Medina, OH 44256
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    320 Court St Medina, OH 44256
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