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    Vermilion, OH
    Mixed-Use

    Vermilion, OH Mixed-use Properties for Sale

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    Lorain, OH Amherst, OH Wakeman, OH Picayune, MS South Amherst, OH Elyria, OH Westlake, OH Berlin Heights, OH
    Vermilion Freestanding Commercial Building
    Updated: Feb 24
    Vermilion Freestanding Commercial Building

    14006 W Lake Rd, Vermilion, OH 44089

    $795,000
    3,830 sqft
    Highly improved 3,830 SF freestanding commercial building with flexible layout suitable for various uses.
    Major capital improvement: connection to city sewer (estimated $100,000 value).
    Strategically positioned on W Lake Road near Vermilion's Historic Harbor Town, offering excellent visibility and accessibility.
    Features multiple rooms, laundry room, kitchenette, abundant built‑in cabinetry, and extensive plumbing.
    Ample on‑site parking and a storage shed.
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    This listing looks promising.

    Here's a quick look at some key insights for

    14006 W Lake Rd, Vermilion, OH 44089

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $69K
      Annual

    • Mortgage

      $228K
      Apr 2019

    • Last Sold

      Dec 2002
      $165K

    • Property Type

      Commercial (General)
      Built 1988
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Vermilion, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Banquet Hall and Barbershop
    Turnkey Banquet Hall and Barbershop

    4489 Oberlin Ave, Lorain, OH 44053

    $655,000
    12,615 sqft

    Turnkey commercial property with banquet hall, catering, and barbershop.

    View details
    Mixed-Use Building with 3 Units
    Mixed-Use Building with 3 Units

    1605 Broadway, Lorain, OH 44052

    $140,000
    0.15 AC lot

    A mixed-use building featuring a restaurant-approved lower level and three upper residential units.

    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    436 Cleveland Street, Elyria, OH 44035

    $199,900
    2,992 sqft 0.26 AC lot

    Mixed-use property featuring retail/office space and a residential apartment.

    View details
    Two-Story Retail and Apartment Building
    Two-Story Retail and Apartment Building

    436 Cleveland Street, Elyria, OH 44035

    $199,900
    0.26 AC lot

    First-floor retail/office with enclosed porch plus a 2-bedroom, 2-bath apartment above.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    High-Traffic Corner Commercial Lot
    High-Traffic Corner Commercial Lot

    27693 Butternut Ridge Road, North Olmsted, OH 44070

    $69,900
    0.21 AC lot

    0.21-acre commercial lot at a signalized 5-way intersection.

    View details
    Prime Catawba Island Development Opportunity
    Prime Catawba Island Development Opportunity

    3621 NE Catawba Road, Port Clinton, OH 43452

    $2,000,000
    8.17 AC lot

    8-acre commercial land near attractions, suitable for diverse projects.

    View details
    Catawba Island Development Opportunity
    Catawba Island Development Opportunity

    3621 Northeast Catawba Road, Port Clinton, OH 43452

    $2,000,000
    8.00 AC lot

    8-acre commercial land with development potential on Catawba Island.

    View details
    Prime Commercial Lot on Route
    Prime Commercial Lot on Route

    2650 E Harbor Road, Port Clinton, OH 43452

    $399,999
    0.87 AC lot

    High-visibility commercial lot on State Route 163 for sale.

    View details

    Vermilion, OH Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Vermilion, OH on our real estate platform. These investment opportunities span a total of 3,830 square feet of properties for sale, with an estimated market value of $795,000.

    Sale prices for multi use buildings in Vermilion, OH average $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 44K
    Population Growth (5Y) +1.6%
    Median Household Income $83,544
    College Educated 30.6%

    High-Yield Neighborhoods for Investment

    Identify Vermilion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44089 $795K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

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