16206 Center St LaGrange, OH 44050

This exceptional 3-acre commercial land parcel presents a unique investment opportunity in the burgeoning North Pointe Development in LaGrange, Ohio. Located at 16206 N Center St, 44050, this strategically positioned site sits at the main entrance of the future development, ensuring high visibility and accessibility. The property offers approximately 2.5 acres for development, presenting several exciting possibilities for prospective buyers. A build-to-suit option allows for customized construction tailored to specific business needs. Alternatively, a ground lease arrangement could provide a steady stream of passive income. For developers seeking a multi-tenant retail space, the site offers ample room for a building up to 20,000 square feet. The surrounding North Pointe Development is poised for significant growth, with plans for approximately 130 single-story and multifamily residential units. Construction on the multifamily component is scheduled to commence in 2024, further enhancing the area's appeal and driving increased foot traffic and consumer demand. This prime location in Lorain County, Ohio, offers a compelling blend of immediate development potential and long-term growth prospects, making it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving community. The property is zoned for commercial use and is ready for immediate development. Contact us today to learn more about this exceptional opportunity.