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    480 Main St Grafton, OH 44044

    For Lease
    Contact for pricing

    High-traffic retail space available. Excellent condition.

    Lot size:
    16,118 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail opportunity presents 8,118 square feet of vacant space within a 16,118 square foot shopping center located at 480 Main Street in Grafton, Ohio. The property, built in 1993, sits on two acres of land in Lorain County (zip code 44044) and features a single building. The space is immediately available and offers a minimum divisible space of 8,118 square feet, with a maximum contiguous space also of 8,118 square feet. The property benefits from a strong co-tenant, AutoZone, and enjoys high visibility due to its location on Main Street. Traffic counts on Grafton Road, past the site, register 8,968 vehicles per day. The former Family Dollar space is in excellent condition and ready for immediate occupancy. This is an ideal location for a variety of retail businesses seeking high visibility and strong traffic flow in a well-established commercial area. The property offers significant potential for a business looking to establish a presence in a thriving community.

    Property Features for 480 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,118 SF

    Building Details

    Year Built
    1993
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    8,118 SF

    HighLights

    • 8,118 SF vacant retail space available in a 16,118 SF shopping center at 480 Main Street, Grafton, OH (44044).
    • Located on two acres in Lorain County, built in 1993.
    • Immediately available, minimum and maximum divisible space is 8,118 SF.
    • Strong co‑tenant (AutoZone) and high visibility on Main Street, with 8,968 VPD on Grafton Road.
    • Excellent condition, former Family Dollar space, ideal for various retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grafton
    County
    Lorain
    State
    Ohio
    Longitude
    -82.063874614186
    Latitude
    41.282582228495

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available. Excellent condition.
    Where is this retail property located?
    The property is located at 480 Main St Grafton, OH.
    What are key features of this property?
    This property features: 8,118 SF vacant retail space available in a 16,118 SF shopping center at 480 Main Street, Grafton, OH (44044).; Located on two acres in Lorain County, built in 1993.; Immediately available, minimum and maximum divisible space is 8,118 SF.
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    Grafton, OH 44044
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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
    480 Main St Grafton, OH 44044
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