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    4208 Liberty Ave Vermilion, OH 44089

    Sponsored
    For Lease
    Contact for pricing

    Prime Vermilion location, 28,720 sqft.

    Lot size:
    28,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 4208 Liberty Avenue in Vermilion, Ohio, offers a unique investment opportunity. The single-story building boasts a total of 28,720 square feet, encompassing both medical and traditional office spaces within a multi-tenant setting. Situated on a 2.64-acre lot, this property benefits from high visibility along State Route 6, experiencing significant traffic volume with 16,750 vehicles passing daily. Currently, a 1,000 square foot endcap space is available for lease within a thriving shopping center anchored by a Discount Drug Mart. The property's strategic location places it in close proximity to the Vermilion Historic District and a core retail area featuring national retailers, ensuring strong foot traffic and brand recognition. Its convenient location offers easy access to Downtown Cleveland, approximately 40 minutes away. Vermilion itself provides a vibrant community atmosphere, enriched by seasonal recreational activities including boating, museums, and entertainment, and is famously home to the Wooley Bear Festival. This property presents a compelling opportunity for businesses seeking a prominent presence in a bustling and attractive Ohio community. The property is located in Lorain County, within the Vermillion, Elyria, Norwalk submarket cluster. The property's zip code is 44089.

    Property Features for 4208 Liberty Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,720 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,000 SF

    HighLights

    • 28,720 SF single‑story multi‑tenant building in Vermilion, OH.
    • Located on a 2.64‑acre lot with high visibility on State Route 6 (16,750 VPD).
    • 1,000 SF endcap space available for lease in a shopping center anchored by Discount Drug Mart.
    • Prime location near Vermilion's Historic District and major retailers, offering strong foot traffic.
    • Convenient access to Downtown Cleveland (approx. 40 minutes).
    • Located in Lorain County, 44089 zip code, Vermilion, Elyria, Norwalk submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Discount Drug Mart Drug Store Western Union Money Transfer Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Vermilion
    County
    Lorain
    State
    Ohio
    Longitude
    -82.336873316254
    Latitude
    41.425023224622

    Nearby Comparable

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    Nearby Similar for Lease

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      105,911 SF

      Vermilion Executive Office Suites

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      Vermilion Retail Space with Basement

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      Retail Space Available For Rent

      Inline retail space available in high-traffic area.
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      Vermilion Retail/Office/Showroom Space Available

      High-traffic retail/office/showroom space with signage available in Vermilion, OH.
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      Retail Suites in Portland Plaza

      Retail suites available in Portland Plaza with 11' ceilings.
      4486-4496 Liberty Ave, Vermilion, OH 44089
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    FAQs

    What type of property is this?
    Medical office - Prime Vermilion location, 28,720 sqft.
    Where is this medical office located?
    The property is located at 4208 Liberty Ave Vermilion, OH.
    What are key features of this property?
    This property features: 28,720 SF single-story multi-tenant building in Vermilion, OH.; Located on a 2.64-acre lot with high visibility on State Route 6 (16,750 VPD).; 1,000 SF endcap space available for lease in a shopping center anchored by Discount Drug Mart.
    Request Owner's contact information
    4208 Liberty Ave Vermilion, OH 44089
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    Vermilion, OH 44089
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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
    4208 Liberty Ave Vermilion, OH 44089
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