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Property profile & analytics

38201 Erie St Willoughby, OH 44094

  • Retail properties
  • 4,149 SF
  • 0.91 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 38201 Erie St

Lot size
0.91 lot acres
Property size
4,149 SF
Property type
Retail properties
Property subtype
Banks

Description

This exceptional 4,149 square foot freestanding retail building presents a compelling investment opportunity in the heart of historic downtown Willoughby, Ohio. Situated on a prominent 0.91-acre corner lot at the intersection of Mentor Avenue and Erie Street, this property benefits from high visibility and significant foot traffic. The building's strategic location places it amidst a vibrant mix of independent restaurants and retailers, including Barrio, Citizens Bank, the US Post Office, and several other popular establishments. This ensures a strong existing customer base and potential for synergistic partnerships. The property boasts a convenient drive-thru, adding further appeal to potential tenants. With daily traffic counts exceeding 15,790 on Erie Street and 18,180 on Mentor Avenue, this location offers unparalleled exposure for any business. The building's current configuration as a single-tenant space provides flexibility for a variety of uses, while the substantial lot size presents exciting redevelopment potential. This is an exceptional opportunity to acquire a prime retail property in a thriving downtown area with strong demographics and high traffic volume. The property is located in Lake County, Ohio, with the address being 38201 Erie Street, Willoughby, OH 44094.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Willoughby
County
Lake
State
Ohio
Longitude
-81.4062
Latitude
41.6428
More about this property
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