Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    12289 Leavitt Rd Oberlin, OH 44074

    For Lease
    Contact for pricing

    Two retail spaces available, Discount DrugMart anchored.

    Lot size:
    8,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity is located at 12289 Leavitt Road in Oberlin, Ohio, within Lorain County's CLE - Northwest submarket. The property consists of two single-story buildings totaling 8,800 square feet situated on a 7-acre lot. The property is currently multi-tenant, offering flexible space options. Two units are immediately available for lease. Unit A offers 1,795 square feet of contiguous space, representing a prime location within this thriving retail center. Unit E provides 1,725 square feet of retail space. The minimum divisible space is 1,760 square feet, allowing for adaptability to various business needs. A significant portion of the property is currently vacant, totaling 3,555 square feet, presenting a unique chance for expansion or new tenancy. The center benefits from a strong anchor tenant, Discount DrugMart, ensuring high foot traffic and visibility. This property is ideal for businesses seeking a prominent location in a well-established retail environment. The property's location in Oberlin, Ohio, offers easy access to major transportation routes and a strong local customer base. This is a rare opportunity to secure retail space in a desirable location with significant potential for growth.

    Property Features for 12289 Leavitt Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,800 SF

    Building Details

    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Unit E
    Size
    1,725 SF
    Space
    Available Suite Unit A
    Size
    1,795 SF

    HighLights

    • Discount Drug Mart anchored retail center.
    • Retail shopping center for sale/lease.
    • Prime location at Butternut Ridge Road and Route 58 intersection.
    • Vanilla shell space available.
    • Proximity to Oberlin College.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Realty agency Spa & Massage Pharmacy Gym & Fitness Department Store Daycare Center Wine and Liquor Store Nursing Home Assisted Living Facility Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Oberlin
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2156242
    Latitude
    41.3093815

    Nearby Comparable

    • $5 SF/Yr
      9,100 SF

      Oberlin Retail Space For Lease

      9,100 SF Single-Tenant Retail Space
      544 College St, Oberlin, OH 44074
      View Details
    • Contact for pricing

      Commercial Land with Excellent Visibility

      Commercial land available for rent with all utilities.
      46048 Us Highway 20, Oberlin, OH 44074
      View Details
    • Contact for pricing
      10,000 SF

      Oak Point Road Development Opportunity

      Retail, restaurant, and professional service space for sale/lease.
      Hollstein Dr, Amherst, OH
      View Details
    • $2,500 /Mo

      Furnished Suite with Skyline Views

      Furnished two-bedroom suite with downtown and water views.
      12900 Lake Ave, Cleveland, OH 44107
      View Details
    • Contact for pricing
      3,000 SF

      Elyria Office Space Available

      Partitioned office space with ample parking and convenient location.
      1131 E Broad St, Elyria, OH 44035
      View Details
    • Contact for pricing
      21,780 SF

      Elyria Retail Outlot & Building

      High-traffic location, co-tenancy with Rural King
      430 Oberlin Rd, Elyria, OH 44035
      View Details

    Nearby Similar for Lease

    • $5 SF/Yr
      9,100 SF

      Oberlin Retail Space For Lease

      9,100 SF Single-Tenant Retail Space
      544 College St, Oberlin, OH 44074
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Two retail spaces available, Discount DrugMart anchored.
    Where is this individual retail property located?
    The property is located at 12289 Leavitt Rd Oberlin, OH.
    What are key features of this property?
    This property features: Discount Drug Mart anchored retail center.; Retail shopping center for sale/lease.; Prime location at Butternut Ridge Road and Route 58 intersection.
    Request Owner's contact information
    12289 Leavitt Rd Oberlin, OH 44074
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12289 Leavitt Rd
    Oberlin, OH 44074
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    12289 Leavitt Rd Oberlin, OH 44074
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.